Quote:
Originally Posted by wiphan
How about the Stimulus Package? Did that increase the budget deficit with no real stimulus or benefit?
Rep. Paul Ryan (R-WI) asked the Congressional Budget Office to estimate the impact of permanently extending the 20 most popular provisions of the stimulus bill. What did the CBO find? The true 10 year cost of the stimulus bill $2.527 trillion in in spending with another $744 billion cost in debt servicing. Total bill for the Generational Theft Act: $3.27 trillion
But again Obama is a deficit cutting king and everything is Bush's fault.
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amazing that in 8 years, even with 9-11 the debt raised almost $5 trillion under W Bush and with just one misguided program Obama adds $3.27 trillion. And some still bill it as a success.
