Monday, February 16, 2009

I read somewhere once, "You can steal a whole lot more with a briefcase than with a gun!"

And that would certainly seem to be the case in Washington last week. You probably thought that Porkulus Bill passed by your representatives was a miserly $789 Billion Dollars that your kids and grand kids would be paying for ..... right? Wrong ---!

Rep. Paul Ryan (R-WI) asked the Congressional Budget Office to estimate the impact of permanently extending the 20 most popular provisions of the stimulus bill. What did the CBO find? As you can see from the table below, the true 10 year cost of the stimulus bill $2.527 trillion in in spending with another $744 billion cost in debt servicing. Total bill for the Generational Theft Act: $3.27 trillion. That would be, $3,270,000,000,000 of your grandkids tax money!!!!!

A tip o' the stetson to the Heritage Foundation for publishing this quietly held fact!!

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