“I would like to say tonight that if the American people will let the Republicans back in charge, the 60% of this bill that won’t be spent until after the next election, we’ll cut it off and let it go to the Americans.”
Rep. Louie Gohmert (R-TX)
February 19, 2009
The change we’ve been looking for.
Now here is a great idea…
Rep. Louie Gohmert (R-TX) says that Republicans will cancel the Spendulus bill that extends for the next several years if the GOP is voted back into power in 2010.
Rep. Gohmert announced the proposal on Hannity tonight:
Only around $107 billion from the trillion dollar stimulus bill will be spent this year.
The Washington Post published this graphic recently on the spending timeline:
Click to Enlarge
Only $107 billion is targeted to be spent on projects this year. The CBO projects that the current recession will be over in 2009 without the stimulus anyway. That means nearly a trillion dollars will be spent in 2010 and beyond on Democratic pet projects. There are even reports the spending is to provide funding for a permanent Democratic patronage system.