About us Login Get email updates
Research
Print

Politico advanced GOP claim about stimulus plan's effect on job growth

January 29, 2009 9:14 am ET

SUMMARY: The Politico reported the GOP claim that "it may take years before the stimulus plan spurs real job growth" and highlighted a video showing "a Joint Committee on Taxation staffer tell[ing] Michigan Rep. Dave Camp that he can't promise that the $275 billion in tax cuts in the stimulus will create any new jobs." In fact, CBO director Douglas Elmendorf has stated of the bill: "According to CBO's estimates, the number of jobs would be between 0.8 million and 2.1 million higher at the end of this year, 1.2 million to 3.6 million higher at the end of next year, and 0.7 million to 2.1 million higher at the end of 2011."

Comments

Return to the full post.

Feed IconRSS Feeds

Get personalized rss or email alerts

Connect & Share

Facebook Twitter Digg YouTube Reddit