The Congressional Budget Office just estimated that H.R.1, the House version of the American Recovery and Reinvestment Act of 2009 will add $169.5 b. of deficit/stimulus in FY09 and $356.0 b. in FY10, assuming a mid-February effective date. The total 10-year cost is estimated at $815.9 b., so 64.4% would be spent or reach taxpayers within the first 18 months after enactment. This is better than initial estimates, which showed about 40% going out over the same period. The House plans to pass the bill late Wednesday, and the Senate hopes to follow suit next week.
|
|
FY09 |
FY10 |
FY11 |
FY12 |
FY13 |
|
Revenue |
-76.5 |
-131.3 |
-14.5 |
+12.2 |
+8.1 |
|
Outlays |
93.1 |
224.7 |
159.4 |
60.7 |
33.4 |
|
Deficit |
169.5 |
356.0 |
173.9 |
48.5 |
25.3 |

Bailout Failout
850 billion dollars redux...
okay lets say that there are 350 million population US and that of the 100 million are working tax paying adults...if you divide 850 billion by 100 million you could give
8500 to each of those 100 million. I don't know about you but that would get my economy goin.
Let the people have the money.
Idiots
It would be to easy and show we probably would do fine without all the idiots we put in the house and senate.
Totaly fed up with the fed!!!