Thursday, June 25, 2009

POLL: 76% Say Government Likely To Waste Stimulus Money


Seventy-six percent (76%) of Americans say it is at least somewhat likely that a large amount of money in the $787-billion economic stimulus plan will be wasted due to inadequate government oversight. Nearly half (46%) say it is very likely, only 18% say it is not likely that taxpayer money will be wasted.

Just 36% of Americans are at least somewhat confident that taxpayer money will be wisely and carefully spent, but that’s down 10 points from February just after the president made his pledge of unprecedented oversight of all government spending and put Vice President Joseph Biden in charge of oversight.

Forty-five percent (45%) of Americans believe the rest of the new government spending authorized in the stimulus plan should be canceled right away.

Obama in a press conference on Tuesday acknowledged that the U.S. economy remains sluggish and reiterated his intention to speed up stimulus spending...

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image toon - mny sclm = Stimulus balloons = still down economy

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