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Enough!

The reasons are many when it comes to the incumbent who is a career Washington politician. Recently, it was leaked that Mr. Bachus is now under an internal investigation for his insider trading. Besides, Spencer Bachus is NOT the conservative he is espousing to be!

 

Actions speak louder than words…below are just some of the ACTIONS Spencer Bachus has taken proves he DOES side with liberal spending in Washington D.C.

1. Spencer Bachus co-sponsored the Global Poverty Act. Cost To Tax-payers: $845 Billion Dollars to be given to the United Nations. (This bill did not pass the Senate, but thanks to Spencer Bachus…it did pass the House!) See the following web links:

  • H.R. 1302: Global Poverty Act of 2007
  • Obama’s Global Tax Proposal
  • The Wrong Track for U.S. Aid Policy

2. Spencer Bachus co-sponsored The Jubilee Act. Cost to Tax-payers: $980 Million Dollars designated for African Nations. (Thank goodness this bill remains in committee and has not passed.) See the following web links:

  • The Jubilee Act
  • Responsible Lending and Expanded Debt Cancellation of 2009

3. Spencer Bachus co-sponsored Troubled Asset Relief Program (TARP). Cost to Tax-payers: $ 700 Billion Dollars given to bailout designated Banks and Financial Institutions. Additionally, Spencer Bachus received campaign contributions from the banks and financial institutions that received the TARP Bailout Money. See the following web links:

  • H.R. 1424: Emergency Economic Stabilization Act of 2008
  • Troubled Asset Relief Program
  • Troubled Asset Relief Program (TARP)
  • TARP and the Treasury: Time to Allow Markets to Work
  • Conservatives replaced Bachus in the lead on regulatory overhaul

 

4. Spencer Bachus co-sponsored the Education for All Act (2007) Proposed Cost to Tax-payers: $3 Billion Dollars for improving facilities, training teachers, providing lunch programs and empowering foreign countries that are placing a priority on education. This money was projected to poor nations and not to education programs in the United States. (Fortunately, this bill did not pass—no thanks to Spencer Bachus, though!) See the following web links:

  • The Education for All Act
  • H.R. 2092: Education for All Act of 2007

Total Cost to the American Tax-payer for only these 4 bills co-sponsored by Spencer Bachus: $1,548,980,000,000.00 (1 Trillion, 548 Billion, 980 Million Dollars)!

Insider trading set-aside, the American taxpayer cannot afford two more years of Spencer Bachus in Congress! I will honestly and faithfully represent the Alabama taxpayer and NOT frivolously spend your hard earned tax dollars.



Paid for by The Committee To Elect Penny Bailey for Congress.