"Your Weekly Address" by President Obama, GOP Response

Some highlights, full transcript here.

"Our economy could fall $1 trillion short of its full capacity"

So lets spend $1 trillion dollars of funny money to fix it? Huh?

"In short, if we do not act boldly and swiftly, a bad situation could become dramatically worse."

Thanks for another positive, upbeat dire apocalyptic message of hope.

"We’ll save taxpayers $2 billion a year by making 75% of federal buildings more energy efficient, and save the average working family $350 on their energy bills by weatherizing 2.5 million homes."

So, let's spend $1 trillion to save $2 billion? Oh, and here's a better way to save Americans $350 -- cut taxes. Ever think of that? No?

"We’ll launch an unprecedented effort to root out waste, inefficiency, and unnecessary spending in our government, and every American will be able to see how and where we spend taxpayer dollars by going to a new website called recovery.gov."

Oh really? Root out unnecessary spending?

"But if we act now and act boldly; if we start rewarding hard work and responsibility once more; if we act as citizens and not partisans and begin again the work of remaking America, then I have faith that we will emerge from this trying time even stronger and more prosperous than we were before."

Take your own advice, Mr. President. You are playing partisan politics, sir.

House Republican Leader John Boehner (R-OH) issued the GOP response.

“We had a productive meeting with the President this morning and, as he requested earlier this month, presented him with a series of proposals to get our economy moving again. Our proposals are rooted in the belief that fast-acting tax relief, rather than slow-moving and wasteful government spending, is the most effective way to create jobs and put our economy back on track. They provide relief to those who need it most: middle-class families, job seekers, small businesses owners, the self-employed, and homebuyers.

“Rather than spending too much, too late as the congressional Democrats’ proposal does, our proposals let the American people keep more of what they earn to spur investment, encourage savings, and create more private-sector jobs. I thank our Republican Whip, Eric Cantor, for leading the Working Group that developed these proposals, and hope the President and congressional Democrats consider our ideas to get more money back into the economy as quickly as possible.”

We know how Cantor's plan was received by The President.

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You can view the House Republicans’ economic recovery proposals here .

We also encourage you to visit readthestimlus.org.

From the site, this is a great link to see exactly how your tax dollars are being wasted by Democrats:

Thanks to the efforts of a great group of volunteers, we've now completed our first pass at entering all the actual dollar appropriations from the bill into a Google spreadsheet. You can view the results here.