Democrats Pass $26 Billion Bailout

By Bob L.

Here we go again, another bail out, who is this bailout for, basically the Teachers Union, it is not for the unemployed looking for a job, it is for people who all ready have a Forty hour or more job, better known as the union, when is this Government going to see that more taxes mean less jobs, and they keep calling for better Education, if this is the Education that is taught in Schools and Colleges, then we will keep falling farther behind other Countries.

It is time for the States to stop KISSING Federal ASS, and start helping the American people, and companies put a stop to the Federal DICTATORS, and get taxes down to where companies can get back to hiring, AND make THEM follow the law of the land that they SWORE to uphold.

___________________________________________________________

By  Connie Hair
08/10/2010

The House voted today to pass the $26 billion state bailout bill nearly that brought them back to town from August recess, nearly 18 months to the day after Democrats passed the first trillion-dollar “stimulus” bill.

The 247-161 http://clerk.house.gov/evs/2010/roll518.xml

vote came down along near party lines with three Democrats (Bright, Cooper, Taylor) and two Republicans (Castle, Cao) crossing party lines and 25 not voting.

Rep. Dave Camp (R-Mich.) noted from the House floor that the bill includes tax increases on business that will further stifle job growth.

“According to the methodology of Dr. Christina Romer, the President’s chief economic advisor, the tax increases in this bill will destroy over 140,000 American jobs,” Camp said. “In an open letter to Congress this week, the National Association of Manufacturers warned that ‘imposing $9.6 billion in tax increases on these companies will jeopardize the jobs of American manufacturing employees and stifle our fragile economy.’”

Republican Study Committee Chairman Tom Price (R-Ga.) warned the focus is wrong.

“When these billions of dollars taken from American taxpayers run out once more, Democrats will be right back here clamoring for even more failed stimulus spending,” Price said after the vote.  “The only real solution must focus on encouraging private sector job growth and responsible budgeting at every level of government.”

Price also noted that Democrats couldn’t last two weeks without feeding their spending addiction.

“Less than two weeks into the August recess, Democrats have scrambled back to Washington to satisfy their thirst for spending taxpayer dollars,” Price said.  “The permanent tax increases in this bill will continue to weigh on American job creators long after this latest well of so-called stimulus spending goes dry.  Everyone knows this bailout will not solve states’ long-term budget imbalances or help create the private sector jobs needed to fuel a real recovery.  It just kicks the can down the road one more time.

Gov. Haley Barbour of Mississippi said the legislation will force his state to re-write its FY11 state budget.

“Preliminary estimates of the Mississippi Department of Finance and Administration show that we will now have to spend between $50-100 million of state funds — funds that must be taken away from public safety, human services, mental health and other state priorities and given to education — in order for an additional $98 million of federal funds to be granted to education,” Barbour said.  “There is no justification for the federal government hijacking state budgets, but that is exactly what Congress has done.”

House Republican Caucus Chairman Mike Pence (Ind.) spoke from the House floor giving voice to the millions of Americans nationwide who are searching for jobs as Democrats continue their special interest bailouts.

“Americans are fed up with more taxes, more bailouts, more wasteful stimulus, yet here we go again,” Pence said in his remarks.  “More spending, more bailouts and more taxes won’t mean more jobs.  Millions of Americans are asking, ‘Where will it all end?’”

You can view Pence’s full remarks here:

Advertisements
Categories: America, Democrats, Jobs, money, people, politics, taxes | Tags: , , , | Leave a comment

Post navigation

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Create a free website or blog at WordPress.com.

%d bloggers like this: