Democrat Oberstar explains why the stimulus hasn't worked out as promised

I agree that the tax cuts were worse than useless -- after all, they raised the marginal tax rate that people faced even for those that they lowered the average rate. But that is surely not the reason that Oberstar gives. From the Hill News:

Congress cut taxes by too much and did not include enough money for transportation projects when it passed a $787 billion stimulus bill this year, the Democratic chairman of the House Transportation and Infrastructure Committee said Monday.

Rep. Jim Oberstar (Minn.) stopped short of saying Congress should move a second stimulus, as some Democrats have recently suggested. But he told The Hill on Monday that lawmakers could create jobs by passing his own big-ticket public-works legislation: a $500 billion surface transportation reauthorization bill. . . . .



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