On the recordNovember 28, 2011
Yes, and the recommendation of the President of the United States. What about duplication? Is there not someplace we can find the $240 billion that President Obama wants to put into the economy for helping those of the middle and lower income levels make it through this tough time? Sure there is. We have 100-plus surface transportation programs that can be consolidated into about 20 programs. We have 82 Federal teacher quality programs. Not one has the metric on it, and we don't know if they work. Economic development programs--we have 88. Transportation assistance programs, outside surface transportation--we have 80 of those. We have 56 financial literacy programs. We have 47 job-training programs, at $18 billion a year. All but three of those overlap one another, and not one has a metric to say it works. Homelessness prevention and assistance--there are 20 separate programs. There is nothing wrong with that goal, but why do we need 20? Food for the hungry--we have 18 different programs. Couldn't we do that through one Federal program? Why do we need to have 18? Disaster response and preparedness in FEMA has 17 different programs. We have taken a ``stupid'' pill, and now we sit bankrupt. We are physically bankrupt--fiscally and physically bankrupt at this moment, except we just haven't recognized it, and what is happening in Europe is going to happen to us in less than a year. The price we pay for our bond interest is going to go up.…





