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Schumer says passage of stimulus bill will bring $1.6 billion upstate
The big news this morning, for sure, is the passage of the $819 billion stimulus package by the U.S. House of Representatives. We have yet to see what the Senate will do, but this thing is sure to climb through the ranks and get the presidential signature soon enough.
Throughout the day today, we'll take a look at some of the details of the package, both at the federal, the state and the local level. We will here what our representative in Congress, Chris Lee, has to say about the bill. We will get a response to Lee's vote against the package from some local Democrats. We will also look to get your opinion on this topic, so please keep an eye out for today's poll, which I hope to get up later this morning.
Let's start out with a broad look at what the stimulus package means for the nation. This is from the New York Times:
At first, it will trickle into paychecks in small, barely perceptible amounts: perhaps $12 or $13 a week for many American workers, in the form of lower tax withholding.
For the growing ranks of the unemployed, it will be more noticeable: benefit checks due to stop will keep coming, along with an extra $25 a week.
At the grocery store, a family of four on food stamps could find up to $79 more a month on their government-issued debit card.
And far bigger sums will appear, courtesy of Washington, on budget ledgers in state capitals nationwide: billions of dollars for health care, schools and public works.
Speaking of billions in health care and school aid, Sen. Chuck Schumer put out a release yesterday detailing the chunk of change due to come to upstate New York—$1.6 billion over the next two years. (Don't know about anyone else, but these numbers are always so staggering. If anyone knows of a good source that looks into how the government can come up, hocus pocus, with nearly a trillion dollars every time things start to look grim, please let me know.)
From Sen. Schumer:
The American Recovery and Reinvestment Act, will send nearly $1.6 billion over two years to Upstate New York counties in direct budget and education funding. Right now, the stimulus is expected to include $737 million in federal Medicaid relief for Upstate New York counties to help ease pressure on the overall budget, as well as a minimum of $860 million in education aid.
Western New York is due to see $70.4 million in budget relief for Medicaid and $175 million in school aid, according to Schumer's office. At the end of the release, we're told that the Senate will likely vote on the package next week in the hopes of getting the final draft to the president by President's Day, February 16.
We will get up part two of our look at the stimulus package later this morning. Please be sure to check back. In the meantime, you may want to check out the New York Times Web site, where they have put together an informative graphic that includes some audio commentary from some economists on how the nation handled past recessions.
- philip.anselmo
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Your Fox talking point has already been addressed. The "STD" money has already been withdrawn at the urging of President Obama. The President doesn't write bills, though he can try to influence them, as President Obama has been doing with his bipartisan outreach.
This might help you catch up to the pace of events.
http://www.time.com/time/nation/article/0,8599,1874683,00.html
As far as when the money goes out, fiscal year 2009 will see a $92 billion dollar outlay, fiscal year 2010 (which begins Oct. 1st, 2009) will see $225 billion. You're right in saying the money should probably come out sooner rather than later.
http://cboblog.cbo.gov/?p=199
And you probably don't know about your expert, Dick Morris', history, so here's a little primer on the man.
"On August 29, 1996, Morris resigned from the Clinton campaign after reports surfaced that he had been involved with a prostitute. A tabloid newspaper had obtained and published a set of photographs of Morris and the woman on a Washington, D.C., hotel balcony. The Electronic Telegraph reported unverified claims that in order to impress the woman, Sherry Rowlands, Morris invited her to listen in on conversations with the President. The Telegraph also alleged that Morris had a preference for "toe-sucking and dominance," and that he regaled Rowlands with a version of "Popeye the Sailor Man," performed in his underpants.
Morris resigned on the same day that Bill Clinton spoke and accepted the nomination at the Democratic National Convention. In his resignation statement, he said that "while I served I sought to avoid the limelight because I did not want to become the message. Now, I resign so I will not become the issue." In his response, President Clinton praised Morris as a "friend" and thanked him for his years of service.
Morris was featured on two consecutive covers of Time magazine. The September 2, 1996 issue, which was released before the prostitute story broke, featured Morris as "The Man Who Has Clinton's Ear." The following week, the cover featured Morris and his wife, Eileen McGann, and the headline read "The Morris Mess: After the Fall."
http://en.wikipedia.org/wiki/Dick_Morris
The stimulus will work, I'll bet on it.
investment, energy efficiency and science, assistance to the
unemployed, and State and local fiscal stabilization, for the fiscal year
ending September 30, 2009, and for other purposes.
In regard to Dick Morris, if sexual immorality is a measuring device by which we are to judge others in regard to their knowledge of bills before the congress, we are in a great deal of trouble.
We certainly dont need Spin Doctors from either side. I am not sure why there is STD funding in the bill BUT I am willing to give this idea a try. I wish there was more on infastructure.
Jay it is OK to disagree with the President... Lord knows I lived through George Bush.
As I scroll the first several pages, I see the following:
*20 million to EPA - ???
*1 million to VA - crumbs for our vet programs - ???
*6 million for the Department of Labor ???
*2 million for NASA
*2 million for the National Science Foundation
all mixed in among funding for Labor, HUD, transportation where the money is most needed.
The restrictions given to the spenders of the money:
"None of the funds appropriated or otherwise made available in this Act may be used for any casino or other gambling establishment, aquarium, zoo, golf course, or swimming pool." Good, no swimming pools for NASA and the EPA.
Good stuff:
Increased in funding for WIC, emergency food assistance, afterschool feeding for children...
More pork:
*350 million to establish the State Broadband Data and Development Grant Program ???
*2.825 Billion dollars for wireless and broadband development ???
*650 million for the digital converter box program ???
*400 million for habitat restoration ???
*600 million for climate sensors ???
I've only made it to page 52 of a 647 page document...
Is there anyone who wants to get this done right or is it more important to just get it done no matter what? When a drunk is suffering from the DTs, he or she medicates with a six-pack of the drink of choice. It calms and cuts the jitters yet it doesn't fix the problem. We need not a quick fix, but the right fix.
Again, in my world, I defend his right to say what he wants to say. I just wish more people would look at his "credentials"....
Thanks for listening...
But you've got some great points. Why should we need to spend $650 million to help people watch television. I'm sure my life will go on if I miss an episode of Lost.
I would like to find a site, like Pelosi's, that details all the wasteful spending in this bill. Then we could do a better compare and contrast, which our representatives should all have done to begin with.
I'm curious about all this money going to broadband service. What is the logic there?
http://arstechnica.com/old/content/2006/01/6037.ars
Try reading A 40-Year Wish List at the Wall Street Journal. Though not a list of items considered by many to be pork, it actually metes out some of the details most people do not know.
In our home, a great stimulus would be to give us a break from federal income taxes for a year. I would imagine this would help many other families as well.
If you google "stimulus bill pork", you will find many hits which are surprisingly not considered 'right-wing' sources.
That 11 Dems voted against the bill should ring even louder than the fact that no Reps voted for it.
Allen Boyd, Bobby Bright, Jim Cooper, Brad Ellsworth, Parker Griffith, Paul Kanjorski, Frank, Kratovil, Walt Minnick, Collin Peterson, Heath Shuler, Gene Taylor are taking a great risk politically.
Obama is not starting off very well. He's making some serious mistakes right away. I'm not saying RINO John McCain would have been much better, but at least he had Palin on his side to help make some good choices.
I miss George Bush already, and I wasn't a big fan. At least he spent our money to protect the country instead of all that garbage.
Pray tell, what choices would those have been....
Quoting op-eds and other opinion pieces as if they are factual reporting is a mistake. Coincidentally Fox News makes this mistake all the time. Make sure you head to factcheck.org before accepting the things you read in that section of any newspaper.
In fact, Bush's tax cuts while the country was on war footing are not only seen as a big mistake in hindsight, but were drawing concerned analysis even as they were being rammed through by enthusiastic fellow travelers.
http://www.cbpp.org/1-24-03tax-fact.htm
Admittedly, the stimulus bill isn't to everybody's liking. Good thing its not finished yet. It has to go to the Senate and then back to the House. After much energy gets expended on the preliminaries, it might be expected that a much more finely crafted bill will be presented to President Obama for his signature.
http://www.sarahpac.com/
After Obama is done giving money to the poor and the rich, while forgetting about the middle class, creating social programs that are going to raise our taxes and cutting our military back so we get attacked again, I'm hoping that a lot of Democrats will do the right thing in 2012.
As a Democrat, I am hoping you're right in your prediction that Sarah Palin runs next time around. If she does, you can probably safely count on a lot of Democrats doing the right thing. Just like they did last November. Thanks for your encouraging words.
'Add the roughly $20 billion for business tax cuts, and by our estimate only $90 billion out of $825 billion, or about 12 cents of every $1, is for something that can plausibly be considered a growth stimulus.'
This a statement of pure opinion with no factual backup. At first glance it looks harmless; there are numbers sprinkled into the statement and there is even an authoritative sounding remark on value per dollar. The problem is that there is no mathematical backup for the theory that only 12 cents of every dollar will provide growth.
http://www.news-record.com/content/2009/01/28/article/consumers_get_conf...
And a little something from the other side of New York City's media street.
http://www.nytimes.com/2009/01/29/opinion/29thu1.html?_r=1&scp=1&sq=the%...
In the article's defense, there is a side breakdown of Income Transfer Payments, but Social Security is listed as SSI. If I walked into a room of average folks and started talking about SSI without defining the acronym first no one would know what the hell I was talking about.
Sarah...Palin....for President?
HAHAHAHAHAHAHAHAHA!!!!!!!!!!!!
At any rate, I'll have to keep my remarks brief for the moment, and agree with Chris and Russ.
'If you think the intention here is to help kids learn, the House declares on page 257 that "No recipient . . . shall use such funds to provide financial assistance to students to attend private elementary or secondary schools." Horrors: Some money might go to nonunion teachers.'
This is a thinly veiled attack on the public school system. The author of this piece is an obvious proponent of private schools and the Republican backed voucher system. I'm up for a healthy debate on the value of the voucher system but to say that $66 billion for education won't do anything to help education is a little silly.
These measures will help the economy avoid stagflation, which will come about if we just provide another tax cut without any further action. Don't just take my word for it though.
http://news.morningstar.com/newsnet/ViewNews.aspx?article=/DJ/2009011410...
Can you honestly tell me that you agree with this bill?
This is a pro-growth strategy that like I've said before, I'm willing to say will have positive impacts. Call it "socialism" or whatever one wants too, fine, it doesn't change the fact that we're facing down real stagflation if we just rely on the same economic strategy.
While we wait for this to work, if it does, where do we get the money for it? China? Maybe I missed this part, but I have not seen where it is coming from.
http://www.huffingtonpost.com/2009/01/29/dems-to-leadership-cut-go_n_162... Personally, I think that's as ridiculous and counter-productive an attitude today as it was when their Republican opponents controlled both houses of Congress and loosened regulation and oversight of the banking, insurance and investment industries and helped create this disaster. It might seem vengefully satisfying for a moment, but its not going to be constructive in the long run. This stimulus package is just one of the first steps needed to right the ship of state and if it goes crashing ahead with a 'damn the torpedoes' attitude, it may end up leaving us dead in the water when other issues are tackled.
What bipartisan agreement there is in informed circles outside the legislative branch concerning the current economic situation seems to fall on the side of the governmental intervention. Even one of Senator John McCain's campaign advisers and one of President Reagan's economists are in favor of stimulus spending. http://www.chicagotribune.com/news/nationworld/chi-stimulus_bdjan18,0,52... On balance, doing nothing seems the worst option.
Personally, I don't believe that tax cuts will increase economic activity. If I get one, I'll use it to pay down bills, but given that it won't amount to much in the overall yearly household budget, its likely it won't have any impact on my spending whatsoever. We live pretty close to the bone and always have. Another $34 or $50 a month won't show up that much and the last stimulus check we got went towards bills. No one except our creditors were 'stimulated' in that exchange.
Its my hope that the urgency of the current situation will compel our lawmakers to lean out this bill and get it done forthwith. My fear is that desperate, instinctual obstruction by Republicans will engender a reflexive, knee-jerk vindictive reaction from Dems.


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I also heard on FoxNews that if you took the $819 and divided it up between each tax payer, it would be around $30,000 each. This information was presented by a financial expert that was ripping the package apart this morning.
Major companies are announcing big layoffs, so many people are losing their homes and we are spending something like $320 million on STD prevention and so many other stupid programs Obama tossed in. And there is a multi-million dollar amount going to "rural development", which I read on a FoxNews blog was basically going to Acorn. Go figure.
I believe this is just the beginning of our country being torn apart over the next four years.