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Again, I'm operating from the premise that if a project were already underway and, say, 3/4ths complete, you can either give it the money it needs to finish or turn the whole thing into waste. Under that, I don't think there's any possible way the additional funding wouldn't be approved. I don't think Republicans would ever get to say "we told you it couldn't work" because they'll never get to the point of doing it in the first place. What they would do is essentially what we're seeing now - that these projects are "waste" yadda yadda yadda. Truth is, that argument can only really work if/when the project is complete in most of these cases, which is why the stimulus will pass ultimately. Conversely, I think if an across the board cut were instituted, Democrats would say "Look, we did it your way, even though we told you it needed this much money. You were wrong. We're making it right." Given the political capital currently involved, that's a losing battle for Republicans.
No, I think if Republicans are to do anything it will be to try to strip out entire projects rather than an across the board cut. It may be the politically lazy way to do things (the across the board, that is), and I may be underestimating their stupidity, but I doubt they'd be so foolish as to set themselves up for massive failure like that.
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