How Will Obama's Stimulus Bill Affect America?

How Will Obama's Stimulus Bill Affect America?

After intense negotiations and several false starts, President Barack Obama signed the controversial $787 billion stimulus bill into law on February 17, 2009. Obama is hopeful that the bill, which he has made the centerpiece of his young presidency, will jumpstart America's collapsing economy, but critics (including nearly every Republican in the Senate) see the bill as a waste of taxpayer dollars. Is the stimulus the boost the American economy needs, or will it be the nail in the coffin of our financial future?

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Republican National Committee

We Need Real Bipartisan Solutions

Republican National Committee

Americans looking for jobs and struggling to pay bills will be disappointed by the spending package written by Congressional Democrats and signed by President Obama today. The transparency and bipartisanship that President Obama promised the American people was sacrificed to pass a pork-laden bill without any public review or meaningful Republican support.

In these difficult economic times, it is imperative that Republicans and Democrats work together to create new jobs and grow the economy. Instead, Congressional Democrats worked behind closed doors to write legislation that will fall short of creating the promised new jobs, but will guarantee a larger debt burden on our children and grandchildren.

Republicans are unified in our disagreement with Congressional Democrat leaders and President Obama on this bill. It all comes down to this - the Democrat plan focuses on putting Americans on the public dole, while the Republican plan focuses on putting America back to work.

The Republican Party stands ready to work together in a bipartisan manner with the Democrat leaders in Congress and the President. Hopefully they will learn from the mistakes in this bill and be interested in true bipartisan efforts in the future.

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"Americans Deserve Better" Republican National Committee
"Relief for Struggling Families" Democratic National Committee
"Congress Gets it Right" NRDC
"Funding for Justice" DOJ
"What Job Creation?" Reason Foundation
"More Spending not the Answer" Hudson Institute
"A Slowing of Economic Recovery" FREE
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