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Public Statements

$746,000 of Taxpayer Money for One Job

Location: Washington, DC

$746,000 OF TAXPAYER MONEY FOR ONE JOB -- (House of Representatives - July 21, 2009)


Mr. SCHOCK. Mr. Speaker, in the last 6 months, a lot has changed. We have a new President of the United States, we have a new Congress, the 111th Congress, and we have 3.1 million fewer jobs, and an increase of 28 percent in unemployment just in the last 6 months.

What was the reaction? What was the response from the new administration and of this Congress? Well, we need to pass a stimulus bill, and we need to pass it now. No time for debate. No time for amendments. No time for input from the minority. We need to pass it now.

This bill had less than 24 hours of debate on this floor before it was passed out of the floor, and yet the President took 4 days to sign it. What did it do? It spent $787 billion, the largest spending bill in our country's history.

And what have we gotten? The administration says we created 150,000 new jobs after spending $112 billion.

Well, get out your calculators. That is $746,000 of taxpayer money for one job.

Where are the jobs?


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