|
On ABC's This Week, Pelosi
again
addressed the the Congressional Budget Office's
estimated
spend-out rate of the bill's roughly
$358
billion in total discretionary dollars for various initiatives
-- such as highway and clean water projects -- would only reach 40
percent after 18 months.
"We have a letter from the administration that says 75 percent
of the investments will be paid out in the first 18 months,"
Pelosi said, adding that CBO "by their own admission" did not
provide estimates for the entire bill.
When asked how the "hundreds of millions of dollars to expand
family planning services" was stimulus-related, Pelosi responded
that these services will "reduce costs to the states and the
federal government."
Meanwhile, on NBC's Meet the Press, Boehner described
the stimulus bill as "a lot of slow-moving government spending."
House Republican leaders on Friday offered an
alternative stimulus proposal that includes a reduction of the
15 percent individual tax rate to 10 percent, and from 10 percent
to 5 percent, in lieu of Democrats' proposed refundable credit
based on payroll taxes.
"On the energy side I may not be in full agreement, but it's
generally moving in the right direction," Boehner said. "But
providing $300 billion of this package to states -- $166 billion
in direct aid to the states, another $140 billion in education
funding -- this is not going to do anything, anything to stimulate
our economy."
|
