Liberalism: Do You Agree We've Had Enough of It? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: TimF	2/22/2009 3:07:55 PM
	4 Recommendations of 224749

Jindal rejects La.'s stimulus share Stephen Dinan and S.A. Miller THE WASHINGTON TIMES Saturday, February 21, 2009 Louisiana's Bobby Jindal, a Republican, became the first governor Friday to refuse officially a part of his state's share of the $787 billion stimulus bill, while President Obama warned the nation´s mayors to spend stimulus money wisely. GETTY IMAGES Mayors from throughout the United States, including President of the U.S. Conference of Mayors Manuel Diaz from Miami (center), gather outside the White House after meeting with President Obama on Friday. While some governors were subtly backing off previous statements that they wouldn't take their share of the windfall, Mr. Jindal issued a statement saying Louisiana would not participate in a program aimed at expanding state unemployment insurance coverage. "Increasing taxes on our Louisiana businesses is certainly not a way to stimulate our economy. It would be the exact wrong thing we could do to encourage further growth and job creation," said Mr. Jindal, although the Louisiana legislature could override his decision. He said accepting the money would have required a change in state law and, after federal money runs out in three years, would have led to a $12 million increase in taxes on his state's businesses to keep funding the benefit. He also warned other states against the program. "I strongly suggest that other states also look closely at this provision in the bill so they can also avoid ultimately passing on a significant tax to businesses that will be left paying for this expansion of benefits when the federal money dries up," he said... washingtontimes.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next