Where Fun Comes to Die

Graphic depiction of proposed stimulus spending

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Courtesy of the Washington Post, a great breakdown of how the stimulus money would be spent.  Interestingly, although some have complained that Republicans are being extremely partisan in not supporting the package, compromises appear to have trended to more spending and fewer tax cuts.  Obama’s own goal of having 40% of the money be immediately injected into the economy via tax cuts has dwindled to 22% with the peak of stimulus injection not occurring until 2010.  This stimulus proposal also misses the administration’s goal of having 75% of the money spent by September 30, 2010.
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Written by wherefuncomestodie

February 11, 2009 at 12:15 am

Posted in Bailout

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