What is the true cost of the stimulus bill from Obama and the Obamacrats? Go over to the Congressional Budget Office website and you'll find this interesting tidbit: Rep. Paul Ryan, a Wisconsin Republican, asked the CBO to project the 10-year cost of the House version of the stimulus bill if 20 key, hard-to-eliminate provisions were permanently extended. Stuff like the Making Work Pay Tax Credit, Head Start, the Earned Income Tax Credit and so forth. Making those provisions permanent, it turns out, costs $2.527 trillion. Then tack on another $744 billion in interest costs, and the true total comes to $3.3 trillion.
Capital Commerce
Does Obama's Stimulus Really Cost $3.3 Trillion?
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