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CBPP Statement: Robert Greenstein on Stimulus Deal

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Publication Date: January 2008

Publisher(s): Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Robert Greenstein

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Banking and finance (Taxation and tax policy)
Economics (Economic policy, planning, and development)

Keywords: Tax code; Economic inequality; Food costs; Job displacement

Type: Report

Abstract:

Although the package includes a reasonably designed tax rebate, the two most targeted and economically effective measures under consideration--a temporary extension of unemployment benefits and a temporary boost in food stamp benefits--were zeroed out, apparently at the insistence of House Republican leaders.