A Whopping $1 Trillion in Stimulus Spending
Reuters reports:
President-elect Barack Obama’s team is considering a plan to boost the recession-hit U.S. economy that could be far larger than previous estimates and might reach $1 trillion over two years, the Wall Street Journal reported on Saturday.
That’s just under $1,000 per U.S. family.
Will it stimulate your economy for the government to tax that from you?
What about adding that to your share of the national debt?
It’s a long way from today to an Obama stimulus package, but it’s nice to have some idea of what the price tag might be.