Stimulus Cantor Commentary | Commentary: Big risk in Obama’s economic stimulus plan

January 18, 2009 by frankls · Leave a Comment
Filed under: Hot Topics 

Rep. Eric Cantor says Republicans want to make sure the massive economic stimulus plan is used wisely.Commentary: Big risk in Obama’s economic stimulus plan
Bolstered by wide Democratic margins in both chambers of Congress, the new administration assumes power Tuesday with a broad public mandate to repair the feeble economy.

But with such a free hand over current stimulus efforts comes great danger. Costing at the very least a hefty $825 billion, the plan’s potential for taxpayer waste and special-interest-driven giveaways is enormous.
We Republicans believe we can help mitigate those risks if we are given a meaningful place at the table. President-elect Barack Obama was correct to point out recently that no one party has a monopoly over sound ideas.

Read the original here Commentary: Big risk in Obama’s economic stimulus plan – CNN.com


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