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The Myth of Obama’s Economic Stimulus Package

Published on February 1, 2009 By uga.republicans

If you have been following the news over the past week you have noticed that President Obama’s Economic Stimulus package has passed in the House and is now up for deliberation in the Senate.  The Stimulus plan is expected to cost anywhere from $800 billion to over $1 trillion depending on which version you look at(House and Senate).

The impact this bill will have on the economy is dubious, last week the Congressional Budget Office released a study that found that [...]