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. DC Observer

    January 2009 – "WE WILL CREATE 3,000,000 TO 5,000,000 JOBS." Barack Obama

    Jobs Report July 2009 – biggest unemployment rate in 26 years.

    $800,000 billion in stimulus monies approved.

    Results through July 2009 – Zip, Nada, nothing.

    Change you can believe in.

    July 5, 2009 04:23 pm at 4:23 pm |
  2. Mike in Kansas

    What is pretty typical of the right wing party is short memories. It took GWB 8 years to turn a surpluse economy into a disaster. In 8 years he and his rich croanies were the only ones to really prosper.

    Now President Obama is supposed to have it all better in 7 months. Go figure?

    July 5, 2009 04:25 pm at 4:25 pm |
  3. Bean Counter

    "Tea Party" anti-tax nuts, left wing "spend it, spend it and spend it quickly"! Considering the flak from the left and right, I'd say Obama's got it just about right.

    July 5, 2009 04:25 pm at 4:25 pm |
  4. Allen in Hartwell GA

    The Republicans can say what they want, but where I work we have several people who are now working and getting paid with stimulus money. Maybe it's because I work for a company with a government contract, but they are drawing a paycheck now where they were not before.

    July 5, 2009 04:31 pm at 4:31 pm |
  5. Jerry

    I hope America wakes up before we become a third world country. We used to be the greatest country in the world and now we're on the road to becoming a backwater. This inexperienced president and insane Congress are leading us to ruin. I pray to God that this joker will be a one termer but not destroy us as bad as Carter.

    July 5, 2009 04:32 pm at 4:32 pm |
  6. george from alaska

    A QUITTER & bookburner!

    ...and you people want to even consider this woman for anything more than a Matanuska milkmaid?

    (CNN) – As Gov. Sarah Palin blasted the media Saturday in a tough Facebook post, her attorney delivered a strong warning to news outlets that they should not report any stories that allege the Alaska governor is leaving office because she is under any kind of federal investigation.

    July 5, 2009 04:33 pm at 4:33 pm |
  7. skyhawkdriver

    Imagine that..the dimwitocrats want to hurry up and spend our money faster..can you say OBAMAGEDDON??.has unemployment goine down??..NO..except in the government sector of course..I mean they have to hire more hacks and relatives to run the largest expansion of government in history..has chrysler rebounded yet??..NO..they can't even give cars away,.have the bailed out banks lowered their interest rates yet??..NO..in case you haven't noticed they are raising their rates..especially on credit cards..we bail them out and get screwed for it..the federal government is rapidly following in the footsteps of California..pretty soon we will all get IOUs..and why aren't all the liberal weenies screaming about the obama surge in afghanistan the way they did about the bush surge in Iraq??..because they are a bunch of hypocrites that's why..the fractured fairy tale that is the administration of obumbler and buffoon biden are heading this country down the road to financial ruination..Obamageddon

    July 5, 2009 04:35 pm at 4:35 pm |
  8. Mike

    $800 Billion spent and no jobs created by Obama. Anyone surprised? All hot air out of that pie hole of his.

    July 5, 2009 04:38 pm at 4:38 pm |
  9. Different strokes for different folks

    When all those republican kept saying, NO to this NO to that, NO to anything that President Obama was trying to offer. Now they are saying everything took to long, Everything is moving to slow. The ecomony is not where it should be. When President Obama was trying to get help quickly, everyone put up a fight.
    So, its no wonder things are off track.

    July 5, 2009 04:38 pm at 4:38 pm |
  10. malclave

    Yeah, I'm surprised the Dems have been this quiet to date. The whole purpose of Obama's "stimulus" is to give kickback money to the Dem's backers, and they need to get it out before people wise up.

    July 5, 2009 04:38 pm at 4:38 pm |
  11. Champly

    I have heard Obama is participating in the coup against the Honduran government at this very moment. It is being stage out of DC. Why nothing from CNN ? It is a duly elected government, except in the eyes of a handful of Marxist, Obama amongst them. This seems like a very dangerous (and treacherous) act on Obama's part and nothing is being mentioned on CNN. What goes ?

    July 5, 2009 04:38 pm at 4:38 pm |
  12. Wignuttia-Free Zone

    GOP = Goofs on Parade

    July 5, 2009 04:39 pm at 4:39 pm |
  13. Solid

    Wow. They are beginning to see it. Are these the people we elected to govern us? UNBELIEVABLE!

    Tell us, you said, all these money will go to construction, that is, roads and railways. Do everybody work on these jobs? What happen to the rest of us who work on different jobs? DID THIS GUY EVEN TAKE ECON. OR BUS. 101? WHAT DO THEY TEACH IN YALE ANYWAY?

    July 5, 2009 04:40 pm at 4:40 pm |
  14. ronald schwartz

    This was the biggest waste and burden ever put on the american people,by some one who doesn't have a clue at what he's doing .I hope we can get them out in 2010 or face national socilalisoum.
    Lousy choice for sure. Remember the Second amendment it's not negotioble

    July 5, 2009 04:40 pm at 4:40 pm |
  15. dina levine

    America was warned, this was not a on the job training type of job. We gave this person with no experience with a budget or our international affairs the most important job there is (well, except parenting of course). We are in a deep world of trouble and not enough people are noticing.

    July 5, 2009 04:40 pm at 4:40 pm |
  16. America Shrugged

    Yeah, more tax breaks for small business? The banks aren't lending small businesses money and consumers aren't spending. Did tax breaks given during Bush 43's 2 terms really create any jobs? Last I looked, Bush 43 had a net deficit in creating new jobs due to jobs being outsourced. Where were these folks when Bush drove the deficits to highest levels ever? Where were they when we put the cost of 2 wars and tax breaks for the top 5% on the credit card? They have no credibility.

    July 5, 2009 04:43 pm at 4:43 pm |
  17. Troy Bryant

    As I warned before the election. Obama is a Terrorist. Bin Laden warned after 9-11 that they would eventually get inside our government and take us from within. The people fell right into the trap and voted our #1 in enemy right into the most poerful position in the world. I hope you like communism for it is coming and coming quickly; never mind socialism. That would be good compared to where we are headed.

    July 5, 2009 04:44 pm at 4:44 pm |
  18. William

    The truth? We can't "stimulate" our way out of this mess. While Obama's strategy to pump money into the economy and get people to working again is a god one, it cannot be the magic bullet that's going to make our economy soar again. This is because our economy had become over-valued and had remained that way too long. We must accept a substantial shrinkage of our GNP and then strive to keep it from becoming over-blown again.

    Economics follows the same laws as ecology and anyone who's studied ecology understands that a system is always limited by available resources. It cannot continue to grow without bounds. For some reason, businessmen and even economists have forgotten this first principle. To them all that is acceptable is for the U.S. economy to grow; anything else is deemed failure. It needs to be stable in the long term and grow only when there are real and sustainable opportunities for it to do so.

    July 5, 2009 04:45 pm at 4:45 pm |
  19. phoenix86

    Democrat mantra:

    Tax more, spend faster!

    July 5, 2009 04:45 pm at 4:45 pm |
  20. Brian - Pitt, PA

    That is the funny thing about compromises. Nobody is happy but in the end it was the best choice. I'm glad to hear both Republicans and Democrats both criticizing him. That means he truly is working on compromises between the parties and ideologies.

    July 5, 2009 04:46 pm at 4:46 pm |
  21. kate

    So let's keep throwing good money after bad
    typical Democrat

    July 5, 2009 04:48 pm at 4:48 pm |
  22. Corwin7

    Gee, Boner calls for more tax breaks...what a revolutionary idea from the rebuplicans...NOT! Why would CNN or the sunday talking heads even bother asking one of the players responsible for this economic meltdown we are currently enduring what he thinks(and I use that term loosely) we should do about it? Are'nt these the same idiots that blew 800 billion (and counting) "rescuing" the people of Iraq from the "brutal dictator" Saddam (and saving the world from his imaginary WMD's) over the last 7 years? Hey I know...why don't we get Bernie Madoff's opinion as well? Only a republican would be shameless enough to utter the phrase "freedom for the american people" after participating in tapping every telephone and internet connection in the country! As for Steny...sir respectfully, when a group of people that are smarter than you say "hey lets make sure we are spending this money in a wise manner" it's probably wise to sit down and shut up.

    July 5, 2009 04:50 pm at 4:50 pm |
  23. Fan of Common Sense

    Is it just me or is there something very very wrong with the philosophy that government should be spending money even faster than it already does?

    If this was not so scary, it would be funny.

    July 5, 2009 04:51 pm at 4:51 pm |
  24. brad

    Basically Boehner just admitted that the government is flawed and needs to get their act together for the common good. This applies to both sides.

    July 5, 2009 04:51 pm at 4:51 pm |
  25. Dale

    There are lots of opinions flying around... mostly from people who have never even studied economics.

    I am glad we have a president that is willing to listen to people with real expertise, rather than forming un-informed opinions based on emotion and biases. I trust Obama to make the best decision he can. Right or wrong, I think he will listen to the experts and give it real thought rather than make impulsive, uninformed decisions.

    July 5, 2009 04:51 pm at 4:51 pm |
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