The Wall Street Journal reports that the size of the proposed almost $1 trillion spending plan is now:
- Larger then the entire cost of the Iraq war
- Larger then the cost of every war in which the US has fought - except for WWII
- Larger then the cost of the annual federal discretionary budget excluding social security
- Its roughly doubling the size of the federal government
- The amount of new debt will be roughly equal to the size of the full debt from WWII
Some of the items included in the stimulus plan include:
- New programs to help prevent sexually transmitted diseases
- $50 million additional spending for the national endowment of the arts
- $70 million for a new supercomputer at the national oceanic and atmospheric administration
- $75 million for smoking cessation programs
- Money for the South Florida yaht repair industry
- Money for support California wine makers
We need to be careful about our decisions as we will leave this mess for our kids!
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