Tags: obama | stimulus | waste

Obama Warns No Room for Error on Stimulus Waste

Friday, 20 Mar 2009 06:37 PM

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

WASHINGTON – President Barack Obama warned Friday there was no room for error on spending billions of dollars of economic stimulus money and nixed a White House heating upgrade to set an example.

"The American people are watching what we do," Obama told a representatives of state legislatures meeting at a White House event.

"They need this plan to work. They're skeptical, and understandably, because they've seen taxpayer dollars frittered away before.

"There's little room for error here, especially in a time for crisis."

The president unveiled new rules to cut wasteful use of the 787 billion dollar stimulus fund in US states, as he tries to maintain political support for spending taxpayer money to bail out the economy.

The president said new rules were being built into the stimulus plan to prevent the use of money on projects that would create few jobs, like the building of dog walking parks.

"Now, let me be clear. I don't have anything against dog parks," Obama joked. "I intend to get a dog."

"What I do oppose is building them with funds from the recovery act, because that's not how we'll jump-start job creation."

Obama said that he would set an example for the states by intervening to stop a request for recovery plan funds to repair aging electrical and heating system in the East Wing of the White House.

"I'm not willing to ask all of you to do what I'm not willing to do myself, we're going to set an example here in the White House," Obama said.

"Because this request does not meet the high standards that I have set, because it will not create many jobs or advance our recovery, it will not be funded under the recovery act."

The approximate cost of the proposed project was not immediately available.

Copyright 2009 AFP. All rights reserved.

-

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Hillary Clinton's Economic Approach Under Scrutiny

Saturday, 27 Dec 2014 08:34 AM

If Hillary Rodham Clinton seeks the White House again, her message on the economy could be an important barometer as she . . .

Policies of Walker, Other GOP Governors Could Find National Play

Saturday, 27 Dec 2014 07:26 AM

One group of potential candidates for president probably won't be shuffling off to Iowa, New Hampshire or other early ca . . .

Jeb Bush Stepping Down from Tenet Healthcare Board

Friday, 26 Dec 2014 17:59 PM

As he takes steps toward a presidential run, Jeb Bush is resigning from the board of Tenet Healthcare Corp.The health ca . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved