CNN poll: 56 percent oppose stimulus program Posted: January 24th, 2010 08:57 AM ET Washington (CNN) - A majority of Americans oppose the economic stimulus program, according to a new national poll.
Fifty-six percent of people questioned in a CNN/Opinion Research Corporation survey released Sunday say they oppose the stimulus package, with 42 percent supporting it.
Last March, just weeks after the stimulus bill was signed into law by President Barack Obama, a CNN poll indicated that 54 percent of the public supported the program, with 44 percent opposed.
The program, formally known as the American Recovery and Reinvestment Act of 2009, attempts to stimulate the country's economy by increasing federal government spending and cutting taxes at a total cost to the government of $787 billion. No Republicans in the House and only three in the Senate voted in favor of the bill.
The CNN/Opinion Research Corporation poll was conducted January 8-10, with 1,021 adult Americans questioned by telephone. The survey's sampling error is plus or minus 3 percentage points.
WOW....when CNN starts reporting obama's negative fall out, ya know we're all in trouble!!
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
WASHINGTON — More than $3.5 billion in economic stimulus funds are going to programs that President Obama wants to eliminate or trim in his new budget. The president's budget released this month recommends getting rid of Army Corps of Engineers' drinking-water projects, which got $200 million in stimulus funds, and a U.S. Department of Agriculture flood-prevention program, which received $290 million from the stimulus, a USA TODAY review of stimulus spending reports show..........>>>>..............>>>>...........http://www.usatoday.com/news/washington/2010-02-17-stimulus-funds_N.htm
Housing program fails to deliver Effort launched one year ago has little effect BY ALAN ZIBEL The Associated Press
WASHINGTON — The new president climbed aboard Air Force One a year ago for a trip to Phoenix to reveal his strategy for attacking the housing crisis. It was a signal moment in the buoyant early days of Barack Obama’s administration. The plan, Obama told a cheering audience of high school students, would keep as many as 9 million people in their homes by lowering their monthly mortgage payments. The program wouldn’t save every home, Obama cautioned, but few people paid attention. Not with Treasury Secretary Timothy Geithner saying things like, “You’ll start to see the effects quite quickly.” Ambition, though, got far ahead of reality. The numbers show a program that failed to deliver. About 116,000 homeowners have had their loans modified to reduce their monthly payments, the Treasury Department said Wednesday. Only about $15 million in incentive money has been paid to more than 100 participating mortgage companies. That’s 0.02 percent of the $75 billion available. “We were attempting to set realistic expectations, but I think we failed to do so,” Michael Barr, an assistant Treasury secretary, said in an interview. ............>>>>............>>>>............http://www.dailygazette.net/De.....r00900&AppName=1
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