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Posts Tagged ‘stimulus’

The First Five Promise Zones

Sunday, January 12th, 2014

Last year, in his State of the Union address, President Obama announced his plan to work with local communities and businesses to create jobs, increase economic security, expand educational opportunities, increase access to quality, affordable housing and improve public safety by creating 20 “Promise Zones” across the country.

Yesterday, as we reflected on the 50th anniversary of the War on Poverty, the President reiterated this commitment; he reminded us of the frustrations that many American families face, and the need to build ladders of opportunity for those working to get into the middle class.

In a country as great as this one, a child’s zip code should never be what determines his or her opportunity. The government can’t fix this on its own, but it can be a much better partner in helping local leaders develop policies that improve education, protect the most vulnerable, and encourage the entrepreneurial spirit. That’s what we’ll be doing in these Promise Zones, where the federal government will partner with local innovators, advancing their work to expand opportunity in their communities.

Today, in the East Room of the White House, the President will announce the first five “Promise Zones”, located in San Antonio, Philadelphia, Los Angeles, Southeastern Kentucky, and the Choctaw Nation of Oklahoma.

These areas – urban, rural, and tribal – have all committed, in partnership with local business and community leaders, to use existing resources on proven strategies, and make new investments that reward hard work. They have developed strong plans to create jobs, provide quality, affordable housing and expand educational opportunity, which we’ll help them execute with access to on-the-ground federal partners, resources, and grant preferences.

Each of these designees has a proven track record of working collaboratively; their officials work as a team with business, faith-based and non-profit organizations; and with the public to ensure that opportunity becomes real for every member of their communities.

Over the next three years, we’ll announce 15 more Promise Zones around the country to help build on this Administration’s commitment to create better futures for the middle class and those striving to reach the middle class. The President called this the defining challenge of our time, and I’m proud that today’s announcement will take us one step closer to addressing that challenge. You can watch the President’s remarks here, starting at 2:20 pm ET, and visit our web site to learn more about our efforts to build ladders of opportunity.

We Need Sunlight to Disinfect the Legislative Process!

Monday, August 24th, 2009

Texas Straight Talk – A weekly Column
Rep. Ron Paul (R) – TX 14

During August recess, many legislators have heard an unexpected amount of discontent from their constituents about what is happening on Capitol Hill, particularly regarding healthcare. Some people are justifiably terrified at what the government could do to healthcare, should it get its claws even further into it. Others demand a public option for health insurance and are adamant that healthcare be treated as yet other absolute entitlement. One thing everyone agrees on is that the final bill needs to be read and understood by all legislators before a vote is taken. To any American, this is common sense. In Washington, that is unlikely to happen.

There is much confusion and debate over what is and is not in the reform plan being considered. Are there or are there not so-called death panels? What are the end-of-life consultations really for? How will private insurance be affected? Can you keep your current plan or will you eventually be forced into a government plan? Will it pay for elective abortions or not? What are the implications for medical privacy? The truth is no one knows what will be in the final bill until it is on the House floor, and provisions could be added in and taken out in the wee hours of the morning before.

In February, the House was forced to vote on an over 1,000 page “stimulus” bill that had first been posted on the internet just after midnight the morning of the vote. It passed. Then in June, House leaders rushed a vote on the cap-and-trade bill, even though an over 300 page “manager’s amendment” making substantive changes to the bill, was introduced shortly after 3:00 a.m. the morning of the vote.

Washington thrives on crisis. If enough people can be convinced that we are in an emergency, they will more likely tolerate rushing legislation to the floor like this. Last minute changes will be slipped in, benefitting who knows what special interests and at what expense to the taxpayer. But the mantra is repeated over and over: We are in a crisis. We must act immediately.

It should be unconscionable for legislators to vote in favor of legislation they have not had the opportunity to read. This is why I have re-introduced the Sunlight Rule, H.Res 216. The Sunlight Rule prohibits any piece of legislation from being brought before the House of Representatives unless it has been available to read for at least 10 days.

The Sunlight Rule allows citizens to move for censure of any House Member who votes for a bill in violation of this act. Because the Sunlight Rule could never be waived, any Member could raise a point of order requiring any bill in violation to be immediately pulled from the House calendar until it can be brought to the floor in a manner consistent with this rule. This rule does not require that Members read the bills. It merely guarantees the opportunity to do so. It has 4 cosponsors.

Justice Louis Brandeis famously said, “Sunlight is the best disinfectant.” The Sunlight Rule would do much towards negating the cycle of pseudo-crises and cleaning up the legislative process here in Washington. I sincerely hope this is the year Congress remembers its deliberative duties and passes it.

Obama repackages stimulus plans with old promises

Monday, June 8th, 2009

By BRETT J. BLACKLEDGE and MATT APUZZO, Associated Press Writers,
Jun 8, 2009

WASHINGTON – President Barack Obama assured the nation his recovery plan was on track Monday, scrambling to calm Americans unnerved by unemployment rates still persistently rising nearly four months after he signed the biggest economic stimulus in history.

Obama admitted his own dissatisfaction with the progress but said his administration would ramp up stimulus spending in the coming months. The White House acknowledged it has spent only $44 billion, or 5 percent, of the $787 billion stimulus, but that total has always been expected to rise sharply this summer.

“Now we’re in a position to really accelerate,” Obama said.

He also repeated an earlier promise to create or save 600,000 jobs by the end of the summer.

Neither the acceleration nor the jobs goal are new. Both represent a White House repackaging of promises and projects to blunt criticism that the effects haven’t been worth the historic price tag. And the job estimate is so murky, it can never be verified.

The economy has shed 1.6 million jobs since the stimulus measure was signed in February, far overshadowing White House announcements estimating the effort has saved 150,000 jobs. Public opinion of Obama’s handling of the economy has declined along with the jobs data.

For the first time, the administration admitted the economic forecasts it used to sell the stimulus were overly optimistic.

“At the time, our forecast seemed reasonable,” Vice President Joe Biden’s top economic adviser, Jared Bernstein, said Monday, explaining that the White House underestimated the scope of the recession. “Now, looking back, it was clearly too optimistic.”

By now, according to earlier White House economic models, the nation’s unemployment rate should be on the decline. The forecasts used to drum up support for the plan projected today’s unemployment would be about 8 percent. Instead, it sits at 9.4 percent, the highest in more than 25 years.

Some analysts believe the White House is still not being realistic, that Obama will be lucky if any real job creation from his recovery effort is seen by the end of the year, let alone the employment explosion he predicts.

“I think these estimates are overly optimistic,” said Arpitha Bykere, a senior analyst with RGE Monitor.

Obama spoke Monday about “modest progress” in the economy, citing fewer jobs lost last month than expected. He said he hopes to build on that in the months ahead with stimulus programs.

“We’ve done more than ever, faster than ever, more responsibly than ever, to get the gears of the economy moving again,” he said.

But he acknowledged, “I’m not satisfied. We’ve got more work to do.”

Americans apparently agree. Obama’s disapproval rating on the economy has risen from 30 percent in February to 42 percent, according to a Gallup poll completed May 31. Sensing weakness on a signature issue of Obama’s presidency, congressional Republicans are renewing their criticisms that the stimulus plan has not shown results, only mounting debt.

“This is President Obama’s economy, and his administration must provide results and specifics rather than vague descriptions of success that seem to change by the week,” House Republican Whip Eric Cantor of Virginia said. “The administration looks dramatically out of touch as they highlight the creation of temporary summer employment in the face of job losses unseen in decades, record unemployment and massive deficits.”

By any measure, spending $44 billion in less than four months — and with unprecedented openness — is an uncharacteristic feat in Washington. But the expectations have been even higher.

Several economists said Monday the economy is unlikely to see much boost from the stimulus before next year.

“It takes time to organize projects, to get the bids in, the funds out and the work started,” said Nigel Gault, chief U.S. economist at IHS Global Insight.

Obama answered his critics Monday by announcing a list of stimulus projects, including many already previously outlined, saying the work will have a huge affect on the economy this summer.

There is money for expanded health services in local clinics; improvements in national parks and medical centers for veterans; money for police and school jobs; and more than 1,800 public works projects.

Without naming names, Obama shot back at skeptics during the Cabinet meeting.

“Now, I know that there’s some who, despite all evidence to the contrary, still don’t believe in the necessity and promise of this recovery act.”

“And I would suggest to them that they talk to the companies who, because of this plan, scrapped the idea of laying off employees and, in fact, decided to hire employees. Tell that to the Americans who received that unexpected call saying, ‘Come back to work.'”