Tuesday, January 27, 2009

CBO: Congressional Democrats' Trillion Dollar Spending Package "Falls Short of Obama Goal"

As the House prepares to debate the trillion dollar spending bill written by a handful of congressional Democrats, supporters of the bloated legislation have endured yet another harsh blow from the non-partisan Congressional Budget Office (CBO). A Reuters story titled “Stimulus Bill Falls Short of Obama Goal-CBO Report” reports that the director of CBO has advised that fast-acting tax relief for families and small businesses – not the slow-moving and wasteful government spending that dominates the congressional Democrats’ bill – would have the greatest impact on the economy in the shortest amount of time:.......


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