Stimulus timing
For travel reasons, I won't get a chance to read through this right away, but here is a CBO report on the stimulus. (and this time the real report) Here is one summary paragraph:
Assuming enactment in mid-February, CBO estimates that the bill would increase outlays by $93 billion during the remaining several months of fiscal year 2009, by $225 billion in fiscal year 2010 (which begins on October 1), by $159 billion in 2011, and by a total of $604 billion over the 2009-2019 period. That spending includes outlays from discretionary appropriations in Division A of the bill and direct spending resulting from Division B.
Here is the CBO Director's blog, which offers and links to more information. What do you all think?
I thank Bruce Bartlett for the pointer.