Showing posts with label CBO on Surface Transportation Bill. Show all posts
Showing posts with label CBO on Surface Transportation Bill. Show all posts

Saturday, May 31, 2014

Don't Say I Didn't Tell You

++The House GOP leadership has been trying to figure out a way they might create jobs. To do this, they put forward the Surface Transportation Bill, which they expect to act on this week. Fantastic, hey?

++The CBO, the nonpartisan group evaluated the cost of the bill. They concluded it would bankrupt the Highway Trust Fund by 2016 and will create a $86 billion shortfall over ten years. In addition, it will destroy not create 550,000 jobs.

++So it will destroy what the GOP created years ago,add billions to the deficit and kill hundreds of thousands of jobs. This seems to reflect the Party's economic views at large.