Thursday, February 19, 2009

GOP GOVENORS REJECT STIMULUS MONEY

The Republican Governors of Texas, Alaska, Louisiana, Mississippi and South Carolina have questioned if the 787 billion dollar Stimulus Package signed into law this week will even help the economy. One of the top contenders for President Gov. Bobby Jindal of Louisiana has suggested that his state might not be interested in the 4 billion dollars given in the economic Stimulus Package signed by President Obama Tuesday in Denver. Gov. Jindal said that we have to review each program and each new dollar and make sure we understand the conditions and what are the strings attached and see whether it is beneficial for Louisiana to use these dollars. Gov. Jindal will give the response to President Obama State Of The Union speech on Tuesday. Gov. Perry of Texas finally, decided to take the money from the Federal stimulus Package. Gov. Perry biggest problems is the commitments attached to the Stimulus Bill with certain government programs. Gov. Marc Sanford of South Carolina might not accept the Stimulus Bill money but, there is a provision in the Stimulus Bill that State legislatures can override the Governor and get the money from the federal government. This means that all the GOP Governors against the Stimulus Bill can talk to there Conservative faithful about being fiscal Conservatives all the way up to the 2012 Presidential Election. The Governors of Florida, Georgia and Alabama have already put there money and new programs into there States budgets. The money that they will receive from the Stimulus Package will close there State deficits. Finally, Governor Sanford of South Carolina made the best statement when he said, that we really risk trashing the dollar and undermining every bit of so-called stimulus that has been implemented to date.

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