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Obama's New Spending Initiatives Get Mixed Reviews

September 7. 2010

U.S. President Barack Obama 

Economists and political pundits are weighing in on U.S. President Barack Obama's latest spending proposal, seeking $50 billion from Congress, to create infrastructure jobs and $200 billion in tax cuts for businesses. His plans are receiving mixed reviews. 

As stated yesterday, the Judiciary Report is not in favor of it, as it is fruitless debt for short term results, translating into more artificial growth. This is not what America needs.

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