WASHINGTON, DC – U.S. Senator Kit Bond today opposed the Democrat’s trillion dollar spending bill that will saddle Americans will a massive debt and do little to stimulate the economy or create jobs now.

 

          “It would take a thousand Clint Eastwoods to star in this ‘Trillion Dollar Baby – this budget buster is loaded up with too much spending that won’t create jobs, won’t let families keep more of their hard-earned money, and won’t attack the heart of our economic crisis,” said Bond. 

 

          For months, Bond has urged the Democratic leadership to include three critical components that any economic recovery package must include:  real and significant tax relief for working families and small businesses; significant investment in ready-to-go infrastructure projects; and a solid plan to attack the root of this economic crisis – the housing and financial crisis.  Unfortunately, since the Democrats’ trillion dollar spending plan failed to do any of these three things, Bond voted against the bill tonight.

 

          Bond stressed that in addition to failing to stimulate the economy or job creation, the Democrats’ spending bill will stimulate our nation’s debt and stimulate the growth of government.  Bond pointed out that this trillion dollar bill is loaded with wasteful spending, despite Republican efforts to trim the bill’s price tag. 

 

          While Bond opposed final passage of the bill, he fought to improve the legislation on the floor of the Senate.  First, Bond was successful in passing provisions to provide relief to hard-hit families and communities now.  These provisions included bipartisan efforts to provide much-needed affordable housing for low income and working families that would create jobs and programs to help communities, especially those in rural areas, receive funds to help them clean their water.  Also, Bond supported provisions to prevent failed CEO’s from receiving exorbitant salaries or luxury perks. 

 

          Throughout the debate over the Democrats’ spending bill, Bond heard from thousands of Missourians who asked him to oppose the legislation.  Tonight, Bond told Missourians he heard them loud and clear.

 

          “I’ve heard from Missourians across the state and almost all of you asked me to oppose this budget-buster and I listened,” said Bond.

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