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CBO: Cost of stimulus rises $75 billion to $862 billion

Wed, 01/27/2010 - 12:31pm | posted by Jason Pye

According to a new report from the Congressional Budget Office shows the stimulus bill passed by Congress will now cost $75 billion more (from $787 billion to $862 billion) than taxpayers were originally told by the Obama Administration and the Democratic leadership in Congress.

Here is the story from CNN:

  • 314 reads
  • Tagged: CBO Congressional Budget Office Deficit Spending Stimulus Bill Stimulus Package

Hardly a surprise. I mean we all know that whatever price tag Congress puts on a bill is the “low estimate.”

DavidCarlson's picture
David Carlson on Wed, 01/27/2010 - 1:49pm.

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