Soon after taking office President Obama detailed plans for an $825 billion economic stimulus package, which goes before the House of Representatives later this week. Completely predictable battle lines were drawn on this weekend's talk shows: Republicans say the plan involves too much spending, and Democrats say it doesn't.
The real question, then, is this: does Barack Obama's stimulus package have a catchy name, or at least an acronym, like TARP or TALF? Sadly, no. He's calling it the "American Recovery and Reinvestment Act," aka ARRA. ARARA?
Meh. You disappoint me, BO.
At least the ARRA has its very own website, Recovery.gov, although right now it's just a landing page that says there won't be any real content until Congress passes the Act. Go on, get on the horn to your legislator. Hurry! I bet there will be innovative social networking tools to help us be a part of history!
Oh, and the site also promises this…
An oversight board will routinely update this site as part of an unprecedented effort to root out waste, inefficiency, and unnecessary spending in our government.
I feel much better about spending $825 billion in taxpayer dollars if I know someone's going to be blogging about it.
Tags: Barack Obama, Economy, House of Representatives, Internet