American Recovery and Reinvestment Act

[xinpig]

The bill currently stands at 838 billion dollars. What does everyone think of this? I also know that the head of the treasury department has now called for at least another 2 TRILLION dollars to aid in recovery. I know that people believe that this is all for a good cause, but I think that this is just going to push our country further into debt. I heard on a radio talk show that to pay for all this they would have to raise income taxes from 25% to 75%. The government is printing this money out of nowhere, which just raises our inflation and causes the dollar we have to be worth less and less. I dont want to push a whole anti-obama opinion like some may think this sounds like, but spending all this money we dont have is not in the best interests of our country.

Does this make for a good topic? I did read the guidelines and this is the best i could do with my understanding of the rules.

Discuss the bill and possible repercussions/benefits