Use access key #2 to skip to page content.

Stimulus Verdict: A $3.27 Trillion Porker



February 17, 2009 – Comments (2)

The gargantuan stimulus bill Congress has rubber-stamped with virtually no Republican support contains tens of billions of the very spending projects that made the legislation a lightning rod for criticism.

And although the bill is generally described as costing $787 billion, the Congressional Budget Office reports the actual figure is now closer to $3.27 trillion.

That stems from the $744 billion it will take to pay for the additional debt the legislation will create, and $2.527 trillion in increased spending from the new and expanded programs the bill will spawn over the next decade.

Link to rest of article

2 Comments – Post Your Own

#1) On February 17, 2009 at 1:41 PM, kdakota630 (28.87) wrote:

For those who are paying attention to the 'stimulus' bill, it appears it will be signed into law at approximately 2:40pm.

Report this comment
#2) On February 18, 2009 at 1:31 AM, uclayoda87 (28.52) wrote:

Obama's team is like Patton's 3rd army:

Engaging in more pork spending, in the shortest period of time, and without any due diligence.

Unfortunately, the casualties of this war will be the future generations of Americans who will be stuck with the bill.

Report this comment

Featured Broker Partners