Capital Commerce

Does Obama's Stimulus Really Cost $3.3 Trillion?

By James Pethokoukis

Posted: February 13, 2009

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.

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Procedureany of @ Dec 07, 2009 11:27:33 AM

patritism

this is america where you can express your opinion with out retrubution. the types of big business propaganda and republican pundent comments against a man elected by the people to lead in any other country would be seen as they truly are- tratorous acts. these well funded efforts to undermine and demonise these democraticly elected officers because they are trying to even the playing field between the wealthy and the working class should be condemed by the honorable people who call themselves a citizen of these united states of america.

john of CO @ Aug 02, 2009 18:01:52 PM

Xzpgsyia

aiGYSL

Xzpgsyia of MO @ Jul 15, 2009 18:07:50 PM

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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