Skip to main content

This seems to fly in the face of Obama's often stated goals for America to consume less foreign oil and emit less greenhouse gasses.

White House role in slashing stimulus bill transit funding questioned

Transit advocates say Oberstar — a supporter of transit himself — has been telling them he had a "shouting match" with Summers, who doubted whether transit money could be spent fast enough to stimulate the economy. And, as least so far, the Summers view is reflected in the House bill, H.R. 1.

According to Oberstar's spokesman James Berard, Oberstar met with Summers two weeks ago, on January 13, and "expressed his concern" about the level of transit funding in the bill. Oberstar wanted $12 billion, plus $5 billion for inter-city railroads.

When the House bill was unveiled last week, it had forty percent fewer funds: $9 billion for transit and another $1 billion for rail.

This tells me that Larry Summers has Obama's ear when it comes to fashioning the $800 Billion Stimulus Bill. If Larry Summers had that much influence, it makes me question the wisdom of the whole makeup of the Stimulus Bill.

House transportation committee chair James Oberstar is the one with the best idea here.

On MSNBC's "The Rachel Maddow Show" Friday night, Congressman Peter DeFazio, D-Ore., added to the impression that Summers was behind the cut in transit. Speaking of President Barack Obama, DeFazio said, "I think he is ill-advised by Larry Summers. Larry Summers hates infrastructure and some of these other economists — they were part of creating the problem and now they are going to solve the problem. They don't like infrastructure." But DeFazio stopped short of saying orders were coming directly from Summers. "That's not clear," he told Maddow.

I thought Larry Summers was a poor choice for Obama's director of the White House's National Economic Council, and this just confirms that view.

Originally posted to Lefty Coaster on Tue Jan 27, 2009 at 07:11 PM PST.

Poll

Is Larry Summers the best one to fashon the Stimulus Bill

7%20 votes
75%204 votes
17%48 votes

| 272 votes | Vote | Results

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site