Marking the second anniversary of the passage of Democrats’ massive stimulus package, Minority Leader Mitch McConnell (R-Ky.) said the law had become a "national punch line" and likened it to President Obama's proposed budget.

"Within a year of its passage, the so-called stimulus bill had become a national punch line," said McConnell.

“Now they want to do it again,” he added. “They are back for more. … We find another wasteful stimulus project just about every day and they say they can’t find a dime’s worth of government spending to cut.”

McConnell was referring to Obama’s proposed budget and its call to freeze government spending for the next five years.

In his floor speech, McConnell also indulged in what has become a favorite Republican pastime: questioning items to which stimulus money has been directed.

McConnell named a turtle tunnel, a plant database project and a study on the mating decision of female cactus bugs.

"We learned what the administration meant by ‘investment,’" said McConnell.

Senate Majority Leader Harry Reid (D-Nev.) said he did not mark the anniversary in his floor speech.