Sen. Chuck Grassley, ranking member of the Committee on Finance, today made the following comment on the Senate's passage of a $17.6 billion bill described by Democratic sponsors as a "jobs" bill.  The Senate's passage clears the measure for the President.

"I voted against this bill because it gives a healthy share of taxpayer dollars to Wall Street bankers instead of Main Street employers.  The Build America Bonds program got richer on every pass through the House and Senate.  Wall Street loves this program, which ought to be a red flag for taxpayers.  And the Democratic majority was so eager to pass this new spending bill that it violated its own spending guidelines and voted against applying its own budget restrictions to the bill.  For billions of dollars, we should see real bang for the buck in job creation, especially among the small businesses that create 70 percent of all net new jobs.  This bill isn't targeted nearly enough for small businesses."   

Support the River Cities' Reader

Get 12 Reader issues mailed monthly for $48/year.

Old School Subscription for Your Support

Get the printed Reader edition mailed to you (or anyone you want) first-class for 12 months for $48.
$24 goes to postage and handling, $24 goes to keeping the doors open!

Click this link to Old School Subscribe now.

Help Keep the Reader Alive and Free Since '93!


"We're the River Cities' Reader, and we've kept the Quad Cities' only independently owned newspaper alive and free since 1993.

So please help the Reader keep going with your one-time, monthly, or annual support. With your financial support the Reader can continue providing uncensored, non-scripted, and independent journalism alongside the Quad Cities' area's most comprehensive cultural coverage." - Todd McGreevy, Publisher