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Lincoln Diaz-Balart on stimulus package: "We can do better"

Lincoln Diaz-Balart just took to the House floor to outline his opposition to the proposed stimulus package, saying it fails to pump enough money into rebuilding bridges and modernizing mass transit --projects he says would quickly jumpstart the economy.

"I realize this opportunity lost is more than sad," Diaz-Balart said. "With sadness, I rise not only to oppose..but to say this is an unsatisfactory package. We can do better."

His brother, Rep. Mario Diaz-Balart, said less than 7 percent of the bill is pegged for infrastructure projects.

"That's shameful," he said. And Diaz-Balart, who is sponsoring a resolution that calls for increased oversight, predicted the money will be misspent.

"This is son of TARP," he said, referring to the Troubled Asset Relief Program, and skepticism over how the first $350 billion in the fund was spent. "We're going to be embarrased, it's not going to help the economy and we're going to be reading about the scandals."

The Democratic chairman, Rep. James Oberstar, D-Minn., is saying the bill will put people to work and all the projects will be tracked online.

Newbie Rep. Tom Rooney, R-Tequesta Springs, criticized the majority for only recently releasing details on the bill.

"The minority has been left out of the discussion," he said. 

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