Tuesday, February 10, 2009

Using data from the CBO and Moody's, the Center for American Progress reports that, "The Senate compromise recovery and reinvestment legislation provides for 12 to 15 percent fewer jobs created or saved than the House-passed Recovery and Reinvestment Act despite costing slightly more." The Senate version has more tax cuts and less investment spending. [1] Economist Paul Krugman agrees.[2]

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