cebeu
04-13-2010, 11:54
http://www.foxnews.com/topics/politics/economic-stimulus.htm
Topic: Economic Stimulus
Total Allocated Cost: $862,000,000,000
In February 2009, President ([Puke]) Obama signed the American Recovery and Reinvestment Act of 2009. In early 2009, the Congressional Budget Office estimated that the Recovery Act's combined spending and tax provisions would cost $787 billion. In early 2010, CBO updated its estimate of the cost of the Recovery Act. It now estimates that the Recovery Act will cost $75 billion more than originally estimated - CBO now anticipates that the 2009 Stimulus will increase deficits by $862 billion over ten years.
Topic: Economic Stimulus
Total Allocated Cost: $862,000,000,000
In February 2009, President ([Puke]) Obama signed the American Recovery and Reinvestment Act of 2009. In early 2009, the Congressional Budget Office estimated that the Recovery Act's combined spending and tax provisions would cost $787 billion. In early 2010, CBO updated its estimate of the cost of the Recovery Act. It now estimates that the Recovery Act will cost $75 billion more than originally estimated - CBO now anticipates that the 2009 Stimulus will increase deficits by $862 billion over ten years.