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Three Problems with the New Economic Stimulus Bill
Posted By Todd Thurman On September 18, 2008 @ 4:26 pm In Ongoing Priorities | Comments Disabled
Heritage’s Rea Hederman discusses  three problems with the proposed Economic Stimulus Bill currently before Congress. In July, the Bill was projected to cost $25 billion dollars. Since then, the projected cost has doubled due to spending projects that should have been taken care of with the Budget process. The Bill will also increase the already large national deficit. The most expensive items are proven failures.
Hederman also points out sensible measures that Congress can do to help the economy, lower gas prices, as well as lower the cost of food at the same time.
Article printed from The Foundry: Conservative Policy News Blog from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2008/09/18/three-problems-with-the-new-economic-stimulus-bill/
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 discusses: http://www.heritage.org/Research/Budget/bg2186.cfm
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