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Economic recovery package before Congress"would provide massive fiscal stimulus."
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<blockquote data-quote="Jagger" data-source="post: 475891" data-attributes="member: 16628"><p><span style="font-size: 12px"><strong><p style="text-align: center">Economic recovery package before Congress</p></strong></span></p><p style="text-align: center"><span style="font-size: 12px"><strong>"would provide massive fiscal stimulus."</p><p></strong></span></p><p></p><p>ABC's Gibson stated that "a lot of people" say spending in recovery bill isn't "stimulus" -- but CBO director says "most economists" disagree</p><p></p><p> Summary: Interviewing President Obama, ABC's Charles Gibson repeated assertions that "not enough" of the economic recovery package before Congress "is really stimulative," that the bill "really doesn't stimulate," and that "it's a spending bill and not a stimulus." But according to the director of the Congressional Budget Office, "most economists" believe "all of the increase in government spending" included in the bill "provides some stimulative effect." The CBO director has further stated that the bill "would provide massive fiscal stimulus."</p><p></p><p><a href="http://mediamatters.org/items/200902030016?friend=h_top" target="_blank">http://mediamatters.org/items/200902030016?friend=h_top</a></p></blockquote><p></p>
[QUOTE="Jagger, post: 475891, member: 16628"] [SIZE=3][B][CENTER]Economic recovery package before Congress "would provide massive fiscal stimulus."[/CENTER] [/B][/SIZE] ABC's Gibson stated that "a lot of people" say spending in recovery bill isn't "stimulus" -- but CBO director says "most economists" disagree Summary: Interviewing President Obama, ABC's Charles Gibson repeated assertions that "not enough" of the economic recovery package before Congress "is really stimulative," that the bill "really doesn't stimulate," and that "it's a spending bill and not a stimulus." But according to the director of the Congressional Budget Office, "most economists" believe "all of the increase in government spending" included in the bill "provides some stimulative effect." The CBO director has further stated that the bill "would provide massive fiscal stimulus." [URL]http://mediamatters.org/items/200902030016?friend=h_top[/URL] [/QUOTE]
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Economic recovery package before Congress"would provide massive fiscal stimulus."
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