Wednesday, December 9, 2009

TARP Funds

The TARP bill stated that any unused or returned funds would be applied to the national debt. That is the only way it is to be used. Our current debt can not be sustained or ignored. It must be addressed – now!

If Congress and the Administration want a new stimulus/jobs bill, they should use unspent funds from the first stimulus bill. It hasn’t worked anyway. Less than half of the 787 billion dollars has been spent. Let Stimulus Part I pay for Stimulus Part II.

The federal government can not continue to spend money that it does not have. Washington will turn us into a banana republic.

Signed,
The Electorate

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