Capital Commerce

Does Obama's Stimulus Really Cost $3.3 Trillion?

February 13, 2009 RSS Feed Print

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What is the true cost of the stimulus bill from Obama and the Obamacrats? Go over to the Congressional Budget Office website and you'll find this interesting tidbit: Rep. Paul Ryan, a Wisconsin Republican, asked the CBO to project the 10-year cost of the House version of the stimulus bill if 20 key, hard-to-eliminate provisions were permanently extended. Stuff like the Making Work Pay Tax Credit, Head Start, the Earned Income Tax Credit and so forth. Making those provisions permanent, it turns out, costs $2.527 trillion. Then tack on another $744 billion in interest costs, and the true total comes to $3.3 trillion.

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Even if the cost is 3.3 trillion, that is approximately the cost of invading Iraq when you include the follow up costs of caring for wounded vets. Which one represents the best investment?

Bill van Vugt of MN 11:08PM February 10, 2010

this is america where you can express your opinion with out retrubution. the types of big business propaganda and republican pundent comments against a man elected by the people to lead in any other country would be seen as they truly are- tratorous acts. these well funded efforts to undermine and demonise these democraticly elected officers because they are trying to even the playing field between the wealthy and the working class should be condemed by the honorable people who call themselves a citizen of these united states of america.

john of CO 6:01PM August 02, 2009

Obamas' PORK SPENDING PLAN is NOT a stimulus plan at all.
It is a reward for all of the LIBERALS that put him into office.
It is a Christmas dream list come true for these liberals in waiting.
God help this country as OHBAMA is killing us with his socialism.

The conservative one of FL 4:24PM February 27, 2009