"Stimulus was supposed to be quick. In fact, they never intended to spend it and will not completely have effectively spent it until after the presidents re-elect. Always looking at how do you get the maximum hit when the president was up for re-elect.
Rep. Darrell Issa (R-Calif.), chairman of the House Oversight and Government Reform Committee, March 19, 2012
This is a pretty serious charge by a senior member of the House of Representatives, made on Fox and Friends earlier this week. The presidents opponents usually say the stimulus was a failure and a waste of money, not that money was purposely held back. We immediately thought he must have some damning evidence that his investigators had turned up.
But when we asked for more information, we only got a statement blasting President Obama (more on that below). That wasnt very illuminating, but as we will see, perhaps there is a reason his staff could not provide much information.