Etheridge school bill included in stimulus


U.S. Rep. Bob Etheridge says some economic stimulus money may build schools.

In a conference call with reporters this afternoon, the Lillington Democrat said that a bill he has long pushed to provide zero-interest school construction bonds has been included in the House version of an economic stimulus package.

Earlier this month, Etheridge wrote President-elect Barack Obama a letter asking that school construction be included in the stimulus package.

His efforts got a boost from his recent appointment to the House Ways and Means Committee, which is overseeing the stimulus bill. He also attributed it to being at the right place in the right time.

"I had a piece of legislation that fitted the needs," he said. "It was timely, it was needed and the president-elect thought it would be most appropriate for his package."

He said that the bill currently includes some direct appropriations and some bonds. He estimated the bill would provide $448 million for North Carolina and create or sustain an estimated 10,752 jobs here.

Overall, Etheridge's proposal would provide for $26 billion for school construction.

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Re: Etheridge school bill included in stimulus

Hey, Top, You're not familiar with the new rules at the Nus and Ubserver. You can't actually criticize democrats anymore. You can say that any republican eats babies and sells their organs for profit, but Dems, all you can say is "Gee, they're just swell". I guess NandO knows who's gonna be paying their bills soon. I bet they've already got people lobbying these swell democrats for a little federal 'aid'. Please note that I didn't use the word for swines, female sex workers or theft, graft, corruption or payola anywhere in my above descriptions of our swell and honorable 'public servants'.

Re: Etheridge school bill included in stimulus

Our useless politicians at the local, state, and national levels do not care about how far in debt we are as long as they "bring home the bacon" and get credit for it.

The President of the Dallas Federal Reserve, Richard W. Fisher in a May speech at the Commonwealth Club of California, he states that the US national debt is close to $100 trillion. You can read his whole speech at the Federal Reserve web site. http://www.dallasfed.org/news/speeches/fisher/index.cfm