Obama's Control Of Our Money and Where It Went
"Ultimately, this is your money, and you deserve to know where it's going and how it's spent," Mr. Obama said.
So far it seems like Corporate America is the one getting all of the bailouts, from GM, AGI, Banks, ect... He needs to be stopped!!
It's amazing that this President thinks the way for the US to get out of this recession is to keep spending money. Now Obama wants a second stimulus bill to give more money to those who don't deserve it. All this President is going to do is bankrupt this country with this worthless spending.
Energy:
$32 billion: Funding for “smart electricity grid” to reduce waste
$16 billion: Renewable energy tax cuts and a tax credit for research and development on energy-related work, and a multiyear extension of renewable energy production tax credit
$6 billion: Funding to weatherize modest-income homes
Science and Technology:
$10 billion: Science facilities.
$6 billion: High-speed Internet access for rural and underserved areas.
Infrastructure:
$30 billion: Transportation projects
$31 billion: Construction and repair of federal buildings and other public infrastructure
$19 billion: Water projects
$10 billion: Rail and mass transit projects
Education:
$41 billion: Grants to local school districts
$79 billion: State fiscal relief to prevent cuts in state aid
$21 billion: School modernization ($15.6 billion to increase the Pell grant by $500; $6 billion for higher education modernization)
Health Care:
$39 billion: Subsidies to health insurance for unemployed; providing coverage through Medicaid
$87 billion: Help to states with Medicaid
$20 billion: Modernization of health-information technology systems
$4.1 billion: Preventative care
Jobless Benefits:
$43 billion for increased unemployment benefits and job training.
$39 billion to support those who lose their jobs by helping them to pay the cost of keeping their employer provided healthcare under COBRA and providing short-term options to be covered by Medicaid.
$20 billion to increase the food stamp benefit by over 13% in order to help defray rising food costs.
[Source: Committee on Appropriations: January 15, 2009]
Some of these things just do not mean anything to us if we as ordinary people do not get the benefits of it all (it is our money he's spending and we see none of it), because in the end we are all still hurting in this economy and Obama is making it worst.