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-   -   I have a pocket full of monopoly bucks ;but can't find enough ways to spend them (https://www.askmehelpdesk.com/showthread.php?t=851931)

  • May 9, 2024, 04:35 AM
    tomder55
    I have a pocket full of monopoly bucks ;but can't find enough ways to spend them
    That appears to be a problem going into our election season of discontent. Turns out that the administration can't find enough "infrastructure" (aka Green new steal) projects before the November elections to spend all those $$$ bucks Congress approved.
    Quote:


    According to a POLITICO analysis of public data, only a small portion of that money has been spent.
    $125 billion has gone out the door under Biden's infrastructure and pandemic relief laws.
    Biden’s biggest challenge: How do you even spend $1.6 trillion? (politico.com)

    Of $1.1 trillion ,less than 17% of the funds have been spent.
  • May 14, 2024, 05:12 AM
    tomder55
    Not that they aren't looking for wasteful projects . So let's say an elite in San Jose wanted to commute to their jobs in Silicone Valley ;so they don't have to drive their taxpayer subsidized EVs on crowded California highways .
    What they need is a redundant 6 mile subway route . But to build such a project will cost $12.75 billion

    Not to worry. The Federal Transit Authority has an idea. Let the US tax payer foot the bill.

    Quote:

    VTA is expected to finalize an agreement with the feds for more money later this year through the FTA’s New Starts Funding Program and will submit a formal request this summer for an additional $5.5 billion. That money is expected to cover roughly half the cost
    San Jose BART extension to receive $500 million in upcoming federal budget (mercurynews.com)

    This is in addition to the $3.1 billion for its bullet train to no where that California got from the Feds at the end of last year.

    Costa Secures $3.1 Billion for High-Speed Rail, Including Fresno Station | Congressman Jim Costa (house.gov)

    .....and another $3 billion for a bullet train from Las Vegas to Rancho Cucamonga (population: 176,336).

    Rancho Cucamonga to Vegas high-speed rail receives $3 billion in federal funds - CBS Los Angeles (cbsnews.com)
  • May 14, 2024, 05:56 AM
    jlisenbe
    Translation goes something like this. "Thank you for your utterly dependable democrat votes. Keep it up, and there will be more on top of this."

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