Thursday, February 12, 2009

How Much Is That Stimulus In The Window?

At least $3.27 trillion...

Yes, trillion, with a "t"

Who believes that these programs, once initiated, will ever be pared back much less eliminated?


Rep. Paul Ryan (R-WI) asked the Congressional Budget Office to estimate the impact of permanently extending the 20 most popular provisions of the stimulus bill. What did the CBO find? As you can see from the table below, the true 10 year cost of the stimulus bill $2.527 trillion in in spending with another $744 billion cost in debt servicing. Total bill for the Generational Theft Act: $3.27 trillion.


Details here.

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