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Posted on August 25, 2009 | tags

 
 

Biz, U.S.: Congressional Budget Office: That stimulus is helping – at a cost

  • The Congressional Budget Office, which has no ties to the White House, says that the economy will recover in late 2009, which they say is “largely the result of fiscal stimulus.” source
  • Despite that positive development, this negative development should get conservatives in a tizzy. The deficit will reach a record $1.6 trillion. The old belt doesn’t fit anymore. source