July 6th, 2009
05:21 AM 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 • Joe Biden • John Boehner • Steny Hoyer
soundoff (92 Responses)
  1. ronvan

    Sit back, watch, and enjoy the ride. I hope this truly works as this country has enough problems.

    July 6, 2009 09:47 am at 9:47 am |
  2. Will 18E

    Hoyer, is way off base. As a Marylander, the very first stimulus money to hit Maryland went to a road project that had been backed logged for 13 years. The point being wheather or not the economy was good or bad, Maryland could not afford the project. Now stimulus money is being spend on aproject we cannot afford to have, or maintain, even when the economy was good.
    Gov. O"Malley took stimulus money and prevented the layoff of over 700 Maryland states workers. Worker's that we do no need or can afford. Maryland today has seen a $2Billion dollar revuenue short fall over it's current budget. And they keep spending at the same pace, and use stimulus money to maitain the status quoe, and not for job creation.

    July 6, 2009 09:49 am at 9:49 am |
  3. buckwheat

    Money has always burned a hole in Democrat's pockets especially if it is someone elses.

    July 6, 2009 09:50 am at 9:50 am |
  4. Neilz

    We don't need to spend it faster. The stimulus is doing exactly what Obama/Biden want it to do. Keep the wealthy wealthy and swell the ranks of the poor. For every one job created by stimulus, there are five unemployed people in line.
    The only jobs Obama/Biden are working to create is jobs in the military. Cannon fodder for the American Empire.

    July 6, 2009 09:55 am at 9:55 am |
  5. PFFT

    Spend, spend, spend, spend. It's not working? Then spend more and spend it faster. Do the Dems know any other tune?

    July 6, 2009 09:55 am at 9:55 am |
  6. munchmom

    Why? It isn't helping anyway, or we wouldn't have 9.6% unemployment rate! Stimulus is a joke!!!!

    July 6, 2009 09:58 am at 9:58 am |
  7. cramit

    Lets remember the Dem's have controled the money from 2006 when they got Plelosi in power. ....not Bush..............ooooohhh evil

    Why has everything gone bad from that time? Inquiring minds want to know

    July 6, 2009 10:00 am at 10:00 am |
  8. RAG

    It is largely agreed by economists that he resession is over. Unemployement is a trailing indicator, by up to 9 months, so don't look for numbers to stablize – much less improve before next years.

    Obama has done it. He has saved the economy from utter collapse. Republican "do nothingism" would have taken the economy down such a deep hole that it wouldhave very likely destroyed civilization.

    Inflation can be controlled by the Fed and they are already taking steps to curtail it. I'm buying stocks like there IS a tomorrow!!!

    July 6, 2009 10:01 am at 10:01 am |
  9. panem et circenses

    We are not spending money we don't have fast enough?????

    Wake up! The debt is about to explode because interest rates are going to rise because we keep spending money we don't have.

    Translation (I'll use small words): our annual budget will increase because we have to make higher interest payments on our debt. That leads to more borrowing to cover the cost of the budget increase. That means more interest payments on the money we borrowed to cover the cost of the budget increase. That means more borrowing...

    Could it be any simpler???????? Stop spending money we don't have!

    July 6, 2009 10:02 am at 10:02 am |
  10. Chuck Paisley

    Since the bill is not working, why not kill the bill and relieve the taxpayers of this amount of the waste? Can democrats even think to reduce the amount of planned spending? Is that possible?

    July 6, 2009 10:06 am at 10:06 am |
  11. nom deplume

    Hoyer says we aren't spending tax dollars fast enough. Give him props for being an honest democrat at least. Most others preach "fiscal responsibility", which is newspeak for "how much can we take from the productive members of society"?

    July 6, 2009 10:06 am at 10:06 am |
  12. SarahPalinNextFOXbigmouth

    Quote from the article: "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."

    This doesn't make sense in the current climate. Businesses are laying people off because there isn't any demand. The stimulus package is intended to juice the economy so that people will actually have money to go into businesses and spend. What businesses need is customers. If you give them more money, they are not going to hire people if there is no demand for those people's services."

    July 6, 2009 10:07 am at 10:07 am |
  13. Chuck Paisley

    Hoyer: .."we're disappointed we haven't been able to spend more and more taxpayer money even faster and faster..." Democrats are political pukes.

    July 6, 2009 10:08 am at 10:08 am |
  14. Harley

    The Dem's, and the SOCIALIST Pres. say we need to do this, and that !!!! They don't know what the a talking about we are getting worse then when Pres Bush was in office !!!! The SOCIALIST Obama is spending more money the every other Pres. If you like SOCIALESEM move out of the U.S.A. Obama = ONE – BIG- ASS – MISTAKE – AMERICA .

    July 6, 2009 10:08 am at 10:08 am |
  15. RealityKing

    Spend, spend, spend say Congress!!

    Meanwhile.., America's National Debt pass 80% GDP under their progressively liberal watch.

    July 6, 2009 10:15 am at 10:15 am |
  16. TCM

    this whole stimulus plan reminds me of people that obtain a debt consolidation loan...seems like a good idea at the time, yet they end up deeper in the hole.....
    The gov't is promising jobs, when they cannot even do their own job....and if they could develop a job, say, to build new bridges...well, how long does it take to build a bridge? 3-8 months? Then what? The job's over, that's what. So, Obama wants to fork out billions to create either dead end, short term jobs, giving FALSE hope, or he wants to add jobs to the government, creating yet another burden on taxpayers to fund the salaries of these jobs...Either way, he's strategically trying to hold onto the funds, not to help Americans, but to use the money in a political fashion for gaining votes...so, now Obama's stepped up from illegal contributions to get elected, to taxing all of us, and returning the money in some facade of a program at a predetermined time in hopes of winning re-election votes...

    I look forward to the daily and weekly Rasmussen report where it continually shows the truth about his sliding popularity....Liberals are losing ALL credibility with this fiasco of a president....and it's becoming totally enjoyable to watch him fail...why? Because his agenda is to dismantle the America that so many of us worked hard to obtain, and redistribute it to the lazy slackers that he duped with "hope and change..."

    July 6, 2009 10:27 am at 10:27 am |
  17. Wrong Change

    Yikes! We are in bad shape. We are borrowing nearly a trillion dollars from the chinese to stimulate our economy and so far we cannot even stop the bleeding of jobs. Democratic leadership can't even say they are helping end the recession. Maybe now people will start understanding that you cannot tax, borrow and spend your way out of a bad economy. We need real job creation in the private sector, not government bureacracy job creation with money we don't have. Wealth is not created by the government. Sustainable job growth is not created by the government. When are people going to wake and realize the change people voted for was actually to make things worse than before?

    July 6, 2009 10:28 am at 10:28 am |
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