Tuesday, February 03, 2009

How Quickly Will the Stimulus Kick In?

Republicans were up in arms over a CBO report showing that under 40 percent of the estimated $350 billion in stimulus spending projects would hit the economy in the first two years. At the time, budget director Pete Orszag assured members of Congress that, once the CBO had scored the overall $825 billion package, that number would rise to 75%+

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