July 5th, 2009
07:06 PM ET
12 years ago

Stimulus money needs to be spent faster, Dems say

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/07/05/art.steny0705.gi.jpg caption="House Majority Leader Steny Hoyer said Sunday that the president's $787 billion dollar stimulus plan was taking too long to create jobs in the struggling economy."]
(CNN) - A leading congressional Democrat and Republican both expressed disappointment Sunday with the pace of the government's economic stimulus program, but offered differing views on whether it was a good idea.

House Majority Leader Steny Hoyer said allocating the $787 billion in the stimulus package pushed by President Barack Obama to create jobs was taking too long.

"We're disappointed," Hoyer, D-Maryland, told "FOX News Sunday." "We're looking at ways to get the money out more quickly."

Hoyer's Republican counterpart, Rep. John Boehner, said on the same program that the stimulus bill passed by Congress in February was flawed.

"You can't spend $800 billion of taxpayer money and not create jobs, when you say that's what the bill was for," Boehner, of Ohio, complained. Boehner said the bill only funds more government, rather than creating private sector jobs.

Democrats, led by Vice President Joe Biden, contend the stimulus money will begin launching more construction projects and other job-creating programs now that necessary mechanisms have been established and contracts signed.

"This was set up to spend out over 18 months," Biden said in an interview with ABC's "This Week" program. "There are going to be major programs that are going to take effect in September - $7.5 billion for broadband, new money for high-speed rail, the implementation of ... the new electric grid. And so this is just starting."

Neither Biden nor Hoyer would comment on whether an additional economic stimulus package is necessary to help pull the U.S. economy out of recession. The latest unemployment figures issued last week showed a 9.5 percent jobless rate, the highest in more than two decades.

Boehner, however, warned against more government spending to heal the economic problems.

"I don't believe it will create jobs," he said, calling instead for reduced taxes to let small business and consumers spend their money as they choose.

Boehner called the scope and speed of Obama's domestic agenda - which so far includes the stimulus package, a health care overhaul now working its way through Congress and an energy bill to combat global warming passed by the House - "nothing short of breathtaking."

The end result, he said, would be "bigger government, higher taxes, less freedom for the American people."

Filed under: economic stimulus • Extra • Joe Biden • John Boehner • Popular Posts • Steny Hoyer
soundoff (196 Responses)
  1. lkb

    the stimulus debt we incurred has helped this country tremendously. Our unemployment rate continues to rise. Good job Obama!

    July 5, 2009 03:32 pm at 3:32 pm |
  2. It's not working.....

    Unemployment is RISING which it shouldn't be if this stupid stimulus program were working....

    Obama says we will have 10% unemployment like it's a good thing....
    why isn't he taking steps to ensure that it doesn't reach 10%?????

    Because he has no clue how to fix the economy.....Obama is ONE and DONE....

    July 5, 2009 03:38 pm at 3:38 pm |
  3. rick

    I just wanted to take the opportunity to say that over the last year I believe this CNN website is not only asleep at the wheel but probably drinking too. Sometimes for days in a row there are news articles that just sit as if there is no other news about a particular subject in the world. Come on. How could such a large entity not be able to report real news. I am so disappointed in this company. I am taking this sight off of my favorites because CNN is an old tired dog that just wants to eat and sleep but do no tricks. Signing off for good in search of a real news worthy website. Please go out of business soon so you don't convince others that this company makes any effort whatsoever to do good in this world.

    July 5, 2009 03:38 pm at 3:38 pm |
  4. Joe Biden...major doofus....

    if it's working Joe, why is unemployment rising????

    July 5, 2009 03:39 pm at 3:39 pm |
  5. Zero.

    That is not the trouble! Barack Obama is a proven socialist.
    America is losing billions of dollars because of that.

    The investment in the USA today is way down.

    It will just get worse, the longer Obama plays King....

    July 5, 2009 03:39 pm at 3:39 pm |
  6. Mike b

    Please send the stimulus, they are outsourcing jobs at a record pace. Who can compete with cheap labor.

    July 5, 2009 03:46 pm at 3:46 pm |
  7. TCM

    yeah, we need to hurry up and create those burdensome arms of government, propped up by additional tax dollars, or create those short term, manual labor jobs, lasting no more than a year or so, repaving roads....That Change! Once that money's depleted, what then? Another big taxing of the heavily taxed Americans to support government spending? SAY NO TO TAXES...IMPEACH OBAMA!

    July 5, 2009 03:50 pm at 3:50 pm |
  8. Hugo Castro

    The best way to "spend" the money is to give it back to the taxpayers in the form of tax reductions! Otherwise they are literally throwing away trillions of dollars.

    Obama's socialist policies are blatant wealth redistribution, which is the surest and quickest way to economic destruction.

    July 5, 2009 03:50 pm at 3:50 pm |
  9. P Alfonso

    How are you going to spend what you don't have.
    Who is going to lend the money China, Japan, Korea, Russia? They have their own problems and are dumping the dollar that are know holding as quickly as they can.
    Remember that we have to borrow $.50 out of every $1 that we spend. It is amazing to see that people in our country have not yet grasp the reality.

    July 5, 2009 03:52 pm at 3:52 pm |
  10. Sniffit

    You can spend it faster by giving me about $30,000.

    Thank you.

    July 5, 2009 03:57 pm at 3:57 pm |
  11. gl, Pittsburgh

    Boehner your rich so you don't care a f with is good for the Middle Class. I would for the Allegheny County Economic Development Department and we are just finished with training on how to spend the money correctly. So I would disregard any negative comments coming for the Boehner or any Repubicans.

    The media needs to try to talk to the right person and get facts. If our office is just spending the money than I take it other one are too. President Obama said he wanted the money to be spend on shovel ready projects so it take time to get contract with constractorsddddx

    July 5, 2009 03:59 pm at 3:59 pm |
  12. annie s

    The Recovery Act was always intended to create jobs over a two year period, and while progress has been slow to start, it's way to early to doom it as a failure. I don't listen a whit to the Republican mantra of "tax cuts for corporations and the rich"; the current economic crisis has proven that tired old Reagan policy is the problem, not the solution.

    July 5, 2009 04:03 pm at 4:03 pm |
  13. arivera

    This top down philosophy espoused by both parties is fatally flawed and continues the down fall of this once great nation.

    July 5, 2009 04:04 pm at 4:04 pm |
  14. renea

    As far as the stimulus bill the democrats i feel did the right thing the president said when it was first put out that it was not a perfect bill but at least something was done instead of nothing.Yes the republicans hope that its not working and its a shame they want to play politics when so many have lost their jobs. It was said when the stimulus first went out that it would be a big win for the democrats if the package does work, but the republicans are just playing usual politics by talking it down and saying its not working when in reality they are hoping that its not. to me its a down right shame.

    July 5, 2009 04:06 pm at 4:06 pm |
  15. gl, Pittsburgh

    Why don't the media do their homework and call the County that have the stimulus money and get some facts to shut these Repubicans that are hoping the stimulus don't work. It is not easy to get their project up and running if you want to do it right. Repubicans gave Bush 8 years so why not give this Administration more time than 6 months. Stop talking to Congress and go straight to the County that recieved the money if you want answers.

    July 5, 2009 04:07 pm at 4:07 pm |
  16. Jeff E.

    Gotta love Boner. His party's responsible for sending this country into the greatest economic tailspin since the Great Depression, and he's knocking the President's stimulus plan. This guy needs a little more spray on tan to cover his blushing hypocracy.

    July 5, 2009 04:07 pm at 4:07 pm |
  17. anyone here?

    except neo-con warmongers and neo-lib thieves?

    July 5, 2009 04:11 pm at 4:11 pm |
  18. Karen - Missouri

    How funny. First the whiny Republicans tried to block the stimulus now they're crying it's not spent fast enough. What planet do the Republicans come from anyway? The more any of them open their mouths the sillier they sound!

    July 5, 2009 04:12 pm at 4:12 pm |
  19. gl, Pittsburgh

    I don't believe it will create jobs," he said, calling instead for reduced taxes to let small business and consumers spend their money as they choose.

    I rather suffer some more months they to give the rich greedy CEO a tax cut. Sorry Bonehead we gave Bush years of tax cuts and look what it got us. It will take more then 6 months for us out of this mess so Bonehead Repubicans shut the hell up.

    July 5, 2009 04:12 pm at 4:12 pm |
  20. lemmy

    I have never seen a President lose so much so fast. Obama is done and thanks to his failures, we will see a GOP resurgence. Great job Mr. President.

    July 5, 2009 04:14 pm at 4:14 pm |
  21. S M R

    The depth of our economy woes happened over a long period of time, so how do you people expect things to turn around in such a short time? I'm glad the stock market is closed today or we would see a big loss due to Impatiant people and uncalled for negative comments.

    July 5, 2009 04:18 pm at 4:18 pm |
  22. Paul H

    Basically what they are saying is that you need to push our liberal agenda quicker because this new Conservative movement is unstoppable.

    July 5, 2009 04:18 pm at 4:18 pm |
  23. New England - land of pedophile priests

    At the request of a couple of Marxist dictators in Central America, Barack Obama launches a coup against the duly elected government of Honduras, using Dulles airport in DC as the staging point, and CNN has not one word to say.

    July 5, 2009 04:20 pm at 4:20 pm |
  24. ck

    Lets see...

    Billions to GM.... filed for bankruptcy

    Billions to Chrysler..... sold to a foreign company

    AIG... LOL where do we begin on that one....

    And they keep spending.

    Way to spend taxpayer money wisely Dems!!

    LOL Ahh, this must be the "change" we were promised

    July 5, 2009 04:22 pm at 4:22 pm |
  25. Champly

    The Dems were really hoping to use the money to buy votes in next years election but with the economy in free fall they have to do something now. Too darn funny. They will probably loose now to the Palin sunami that is about to sweep them into oblivion. Grevious miscalculation on the part of the Dems and Barack Hussien Obama.

    July 5, 2009 04:23 pm at 4:23 pm |
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