Maastricht Treaty revisions needed?

[Jester]

Let me reiterate, "In the case of States, you can look at the "2009 stimulus bill" for which the bulk of the so-called stimulus went to bail out States whose falling revenue could no longer sustain their social programs." This was reauthorized in 2010, to again bail out the states, and there is no doubt that they are working out the 2011 bailout of State shortfalls as we speak.

I'll let Pete handle the bulk of this, since he seems to have it well in hand, but I must point this out. The stimulus breaks down like so:


As should be obvious, the largest sum is tax breaks, and there are also plenty of other substantial parts, including infrastructure and education.

So, "the bulk" of the stimulus bill was not bailing out states. That's just factually wrong. It wasn't even the largest single part. It makes up less than 1/6 of the whole bill.

-Jester