CapitalGainsandGames Washington, Wall Street and Everything in Between



Donald Marron Makes A Great Observation On The State Of The Stimulus

17 Aug 2009
Posted by Stan Collender

Stan Collender's picture

It's really nice having Don Marron in the blogosphere. 

This is something we all need to remember when talking about the stimulus.  Here's the money quote:

...I get the sense that some users of Recovery.gov do not realize that its figures cover only the spending side of the stimulus story, not the tax side.

The total impact by the end of June of the stimulus was closer to $100 billion than the $60 billion in spending shown on the website.  Another $40 billion in tax cuts has to be included to get the full picture.





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