<http://scottystarnes.wordpress.com/author/scottystarnes/> Taxpayer
Alert: CBO adds another $43 Billion to Obama's Stimulus Price
Tag<http://scottystarnes.wordpress.com/2011/05/25/taxpayer-alert-cbo-adds-another-43-billion-to-obamas-stimulus-price-tag/>
*Scotty Starnes
<http://scottystarnes.wordpress.com/author/scottystarnes/>*| May 25,
2011 at 6:47 PM | Tags:
CBO <http://scottystarnes.wordpress.com/?tag=cbo>, Congressional Budget
Office <http://scottystarnes.wordpress.com/?tag=congressional-budget-office>,
Obama's stimulus <http://scottystarnes.wordpress.com/?tag=obamas-stimulus> |
Categories: Political Issues
<http://scottystarnes.wordpress.com/?cat=35145>| URL:
http://wp.me/pvnFC-5jN

Obama=One Big Ass Mistake America and it's pushing us towards insolvency.
That $787 billion failed stimulus just grew by another $43 billion. $830
billion dollars spent and the unemployment rate is still above 9% and
millions of jobs lost. Some recovery.

>From The 
>DailyCaller<http://dailycaller.com/2011/05/25/cbo-stimulus-law-will-cost-43-billion-more-than-estimated/>
:

*The Congressional Budget
Office<http://dailycaller.com/2011/05/25/cbo-stimulus-law-will-cost-43-billion-more-than-estimated/#>said
in a new report that President Obama’s economic stimulus law will
raise
the federal deficit $830 billion over ten years, $43 billion more than the
initially estimated cost of $787 billion.*

During the law’s consideration in Congress, the Joint Committee on Taxation
made the initial estimate.

CBO estimated the law lowered the unemployment rate by between .6 and 1.8
percent in the first quarter of 2011 and increased the number of people
employed by between 1.2 million and 3.3 million during that same period.

Again, who would trust the CBO when their numbers are always conservatively
low? How do they explain the increased unemployment rate?

Obama<http://dailycaller.com/2011/05/25/cbo-stimulus-law-will-cost-43-billion-more-than-estimated/#>and
congressional Democrats enacted the law, arguing it would provide a
quick jolt to the economy. Republicans opposed the law, saying it would
increase deficits and wasn’t designed to work quickly.

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