Home » Economy/Business, Politics, President Obama, Stimulus

Coburn Report Blasts Failure of Stimulus

19 June 2009 2 Comments

coburn

BY: NCViking

The boondoggle Stimulus package continues to get hammered for its ineffectiveness and waste. Senator Tom Coburn (R) of Oklahoma has released a report illustrating many of its failures, which is sure to garner changes from the administration – NOT!

From NewsOK.com

Coburn, R-Muskogee, cited projects nationwide, ranging from a turtle crossing in Florida to a train station renovation in Pennsylvania.

Coburn’s top 10 wasteful projects include two in Oklahoma: a guardrail around the nearly waterless Lake Optima and a grant with strings attached for a wastewater treatment plant in Perkins.

“The American people have a right to know how their stimulus dollars are being spent,” Coburn said. “In too many cases, stimulus projects are wasting money we don’t have on things we don’t need.

“I opposed the stimulus bill because I was concerned that 80 to 90 percent of the spending would not be true stimulus. I hope I am proven wrong. Yet, our initial findings continue to show that taxpayers are not getting the value they deserve and need.”

But White House press secretary Robert Gibbs said “there are a number of entries throughout this report that are just simply wrong. This president has taken historic steps to ensure that there is adequate transparency and that this money is spent the way it’s intended to be used.”

Gibbs also said some projects had been canceled “based on our own looking into this.”

Why weren’t these projects vetted in the first place?!?

VIDEO:

Visit msnbc.com for Breaking News, World News, and News about the Economy

Is it just me, or is the gesturing of Lisa Meyers left hand extremely annoying?

YES, government can spend our dollars better than we can … YES THEY CAN!


Technorati Tags: , , ,

SocialTwist Tell-a-Friend
Last 5 posts by NCViking

2 Comments »

  • The Windy City Windbag said:

    Sen. Colburn should be praised by people from both sides of the aisle. There are very few government officials elected to “do something” that see that “something” can be cost avoidance. Colburn sees his duty to use the people’s money wisely. I just wish there were more of him and less of the “Ted Stevens” type.

Trackbacks


Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

Spam Protection by WP-SpamFree