Black People : (((((Pork Belly Spending)))))

Discussion in 'Black People Open Forum' started by Fine1952, Feb 1, 2009.

  1. Fine1952

    Fine1952 Happy Winter Solstice MEMBER

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    I've made my decision :SuN037:, you be your own judge.:qqb004:

    Ma'at​

    <<<<<<<<<$>>>>>>>>>​


    CONGRESSIONAL BUDGET OFFICE COST ESTIMATE
    American Recovery and Reinvestment Act of 2009
    As introduced in the House of Reps on 1/26/09​



    DIVISION A
    Appropriation Provisions​

    Title One--General Provisions

    $248M/Inspectors General for several agencies and the Gub'ment Accountability Office

    Title Two--Agriculture, Nutrition and Rural Development

    $26.9B/Agriculture, Nutrition, and Rural Development
    --$20.0B/Increase Food Stamp program
    --$2.8B/expand broadband Internet service in rural areas:SuN037:
    --$4B/programs to develop rural communities and improve
    --$4B/Programs to develop rural communities and improve infrastructure

    Title Three--Commerce, Justice and Science

    --$3B/Grants to improve the criminal justice system
    --$3B/Grants to fund science and technology research
    --$1B/Periodic censuses and programs
    --$2.8B/Grants to extend broadband Internet Services:SuN037:
    --$1B/Programs of the National Oceanic and Atmospheric Administration
    --$1B/Community Oriented Policing Services Program
    --$2.4B/Other Activities

    Title Four--Defense

    --$4.5B/Department of Defense
    1. repair facilities
    2. maintain facilities
    3. renovate facilities
    --$350B/Energy Related Research and Development

    Title Five--Energy and Water

    --$48.9B/Programs related to energy and water resources Included in the above amount:

    1. $43.9B/Department of Energy
    a. $18.5B/ Energy Efficiency/Renewable Energy Programs
    b. $8B/Cover the subsidy costs of Federal Loan Guarantees
    for renewable energy systems and electric transmission projects
    c. $6.5B/Capital Investments by certain federal power
    marketing administrations in electric power transmission systems
    d. $4.5B/Modernize the Nation's Electricity Grid
    e. $6.4B/Various Other activitiesB/Bureau of Reclamation
    2. $4.5B/Army Corps of Engineers:qqb001:
    3. $500

    Title Six--Financial Services and General Govermment

    --$8.7B/Promote energy efficiency and conservation at federal facilities and to support small businesses

    --$7.7B/General Services Administration's Federal Buildings Fund to construct and repair federal facilities

    Title Seven--Homeland Security:qqb001:

    $1.1B/Variety of programs administered by the Department of Homeland Security.


    Title Eight--Interior and Environment {$15B}

    $ 8.4B/Clean Water and Drinking Water State Revolving Funds
    (Where does the other $6.6B get appropriated?)

    Title Nine--Labor, Health and Human Services and Education

    $92.3B/???Variety of Programs???:qqb001:

    1. $ 20.4B--Programs administered by the Department of Health & Human Services

    2. $ 4.6B/Employment and training programs administered by
    the Department of labor the Department of Labor

    3. $20B/Renovate Elementary and Secondary Schools

    4. $17.6B/Pell Grants and other student financial assistance and

    --Facilities at post secondary institutions including federal student loan programs

    5. $29.1B/Other education programs aimed particularly at

    --elementary education
    --secondary education

    Title Ten --Military Construction and Veterans Affairs -$6B}:SuN037:

    -$1B/maintain and repair VA medical facilities and cemeteries; constructing hospitals, barracks and day care centers

    Title Eleven--Department of State

    --$500M/Department of State

    --$276M/IT Projects
    --$224M/Construction Requirements of the International Boundary and Water
    Commission, United States and Mexico

    Title Twelve--Transportation and Housing and Urban Development

    --$59.5B/Programs administered by the Department of (HUD)

    1. $30B/Highway Construction
    2. $13.1B/Other transpiration programs administered by DOT
    3. $11.1B/Housing Assistance programs administered by HUD
    4. $5.2B/Grants to states and cities for activities related to community
    development

    Title Thirteen--State Fiscal Stabilization Fund

    --$ 39.5B/Appropriated to states each year

    --$32B/Allotted by formula; 61% used for education; 39% for general government activities.

    --$ 7.5B/Reserved for incentive grants to be given to states (e.g. 2010) on a competitive basis

    DIVISION B
    Other Provisions​

    --Increase direct spending for unemployment insurance, health care, fiscal relief for states thru the Medicaid program, and other programs.


    Increase direct spending
    --($64B in 2009)
    --($248B 2009-2019)

    Reduce revenues
    --($76B in 2009)
    --($212B 2009-2019)

    TAX Provisions​

    Lower federal revenues
    --$63B in 2009
    --$188B 2009-2019


    Changes in outlays
    --$80B 2009-2019

    1. Refundable tax credit $500 for single taxpayers ($1000-joint)

    Period between 2009-2011
    --reduce revenues by $99B
    --increase outlays by $45B​

    2. Allow businesses to partially expense expense a portion of their investment in most equipment and extend the period for which unprofitable firms, excluding firms receiving certain injections of federal funds, can use losses in a unprofitable year to receive refunds of previous income taxes paid:

    Period between 2009-2019
    --reduce revenues by $90B
    --increase revenues ($13B loss)​

    3. Modify existing nonrefundable tax credit for higher education expenses to increase the maximum credit allowed to $2,500, lengthen the period for which the credit may be claimed to four years, expand the list of qualifying expenses and make up the 40% of the credit refundable:

    Periods between 2009-2011
    --reduce revenues $10B
    --increase outlays $3B​

    4. Expand the opportunities for state and local governments to issue tax-credit bonds and allow state and local governments to receive a refundable tax credit for specified interest expenses:

    Period between 2009-2019
    --reduce revenues $42B
    --increase outlays $9B​

    5. Extend by three years the tax credit for taxpayers with three or more qualifying children to 45% of their eligible earned income, and eliminate the limitation on the amount of earned income used to calculate the refundable portion of the $1,000 child tax credit:

    Period between 2009-2019:
    --reduce revenues $20B
    --increase outlays $0.2B
    --estimated revenue reductions are about $1B to $2B per year over the period​

    Unemployment Insurance and other provisions:

    --increase outlays
    --$22B in 2009
    --$21B in 2010
    --$46B 2009-2019​

    On net, those provisions would decrease revenues by $0.6B from 2009-2019

    Unemployment Benefits

    Would extend the date by which an individual must exhaust his or her regular unemployment benefits in order to qualify for emergency benefits from March 31, 2009 to December 31, 2009.

    --outlays
    $12B in 2009
    $15B in 2010​

    Currently emergency unemployment compensation is available to individuals who exhaust their regular unemployment
    http://www.cbo.gov/ftpdocs/99xx/doc9968/hr1.pdf
     
  2. KWABENA

    KWABENA STAFF STAFF

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    "Crazy" Question: How will they accumulate this money in a tough economy and in the midst of a financial bailout for Big Corporations?

    KWABENA
     
  3. Fine1952

    Fine1952 Happy Winter Solstice MEMBER

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    The House of Reps

    has already admitted that the Stimulus Bill is for programs, projects, test markets, and R&D clinics that it (re.g. the gub'ment) hath not the money for...! :em3400:

    When I plowed :SuN008: thru the data :oops: I was sincerely amazed :em1100: at the lack of detail and creativity in this project that President Obama :wink: and his staff hammered out in what 6 business days from the 20th? The bill needs work. I thought these people were lawyers and experts in political science, and such? Maybe I was mistaken! :kickball:

    In answer 2 your question, my best guess is:

    1. "Survival of the Fittest"
    2. "Law of Diminishing Returns"
    3. "What Falls Must Also Rise"
    4. "Quantum Law of Attraction"
    5. "Theory of Relativity"
    6. "The Electrodynamics of Moving Bodies"
    7. None of the above
    8. All of the above
     
  4. Therious

    Therious Banned MEMBER

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    they will print more money,which will cause inflation. at some point what goes up will come down.

    there will be deflation, also on this list is what seems to be meaningless projects. lol you know i heard on a republican talk show,a jack *** republican pundit say "this stimulus package is enough to give every man woman and child in amerikkka 22,000 each". that would be a plan,i have not crunched the numbers to see if that would work,but really instead of all these programs,just give us some cash,like 5 or 10 thou,thats all people need,cash to pay the bills.

    some times the curse of "education and genius" are people who simply cant think small. they over-analyze instead of simplify,which is how problem solving is taught in algebra.. break the equation down to the smallest denomenator,it all comes down to math.

    i think the bill is okay,they should tweek it some maybe a lot,id like to se more spending on inner city infastructure,among other things.
     
  5. Fine1952

    Fine1952 Happy Winter Solstice MEMBER

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    The bill needs a lot of tweeking...

    the fact that the dollar as a commodity is not backed by gold is bad:11300:

     
  6. KWABENA

    KWABENA STAFF STAFF

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    You were definitely mistaken! LOL

    Have you also been informed that when the Patriot Act was enacted, most of Congress did not read it because, in the words of one congressman, "we had other things that we needed to focus on." Furthermore, they always use the excuse that they "don't have time" to read over and read through bills.

    Also, we acknowledge[d] here in the Destee Family (at least Bro. DSS has) that Amerikkka is a not only a Corporation, but a Family Business! When you belong to the "Family," you do not need qualifications and requirements. In some cases you do not even need to give your word that you will carry out duties in faith. Political Science as a field skims the surface of what politics is truly about. You get involved in the kkkorruption, and find a whole new Under/Overstanding of Political Science as applied to Amerikkka. That is why it is so hard to understand not only what goes on behind the decisions made by the "Family," but understand what their decisions and actions are really geared toward. They play the game much smarter than most people realize. I mean, since when did a crucial and meaningful bill take so short time a time to draft up? It doesn't work like that; bills are supposed to take much time, effort, and consideration.

    I would be most in agreement with 8. All of the above. It starts out as all of them, but then as time goes on and the New World Order gets closer to establishing their One World Government, it narrows down to one - one in which only they know.

    KWABENA
     
  7. KWABENA

    KWABENA STAFF STAFF

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    I rest my case!

    Since when did these political power-brokers have an interest in helping the people of the inner-city? It is not in their nature to do something in the best interest of the people who are in need. They think, act, and speak too stragetically. The best that can and will happen (speaking of what goes up must come down) is funds will be allocated toward improvements for the general public, but then the public will have to give up more privacy, spend more money (as though they have spending money to begin with), give up another one of the rights given to them by the powers-that-be; there is really no end to the "elite's" madness.

    I'd like to see more money given to inner-city improvements and developments as well, but I see proof everyday that if they do it, it is 95% in "their" best interest; 5% in the interest of the people.

    KWABENA
     
  8. Fine1952

    Fine1952 Happy Winter Solstice MEMBER

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    I seriously looked real hard...

    and found not much substanance for the people of AmeriKKKa in that Pork Bellied Stimulus Bill.:SuN033:

    I already know we've been hood-winked and bam-boozled, can't wait to hear and see what happens when the rest of world catches up!


     
  9. Fine1952

    Fine1952 Happy Winter Solstice MEMBER

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    I have a copy of Fahrenheit 911

    where Michael Moore interviewed John Conyers...blah, blah, blah:SuN020:
     
  10. KWABENA

    KWABENA STAFF STAFF

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    Wow! That'll probably be the day where I go public announcing my "retirement" from living...lol...

    KWABENA
     
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