THE AMERICAN JOURNAL

CBO: Stimulus $75 Bln More Expensive Than Estimated

By on 1.26.10 @ 4:59PM

This isn’t the headline that President Obama wanted heading into his State of the Union address as he promises to rein in budget deficits and makes a last ditch effort to boost public support for his health care legislation. But today, the Congressional Budget Office estimated that his signature domestic achievement to date — the economic stimulus package — cost more than the $787 billion it originally estimated. On page 113 of its Budget and Economic Outlook for 2010 to 2010, CBO tells us:

Read more: American Spectator

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January 27, 2010 - Posted by | Uncategorized | ,

2 Comments »

  1. At least is was money well spent… Ok, maybe not.

    Comment by Slamdunk | January 27, 2010 | Reply

  2. And the $75 billion more than estimated. It cost more because of the extension of unemployment benefits. How does this stimuluate the economy?

    Comment by MTR | January 27, 2010 | Reply


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