The Washington Independent

Posts Tagged American Reinvestment and Recovery Act

Tax cuts bill more expensive than economic stimulus, according to Congressional Budget Office

By | 12.10.10 | 10:27 am

The tax cuts compromise brokered by President Obama and congressional Republicans will cost more than the 2009 economic stimulus, according to estimates from the Congressional Budget Office.

The CBO expects the tax cuts deal to cost $858 billion over 10 years, while the American Reinvestment and Recovery Act More…