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CBPP Statement: Robert Greenstein in Response to Administration Comments on Economic Stimulus

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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: Economics (Economic policy, planning, and development)

Keywords: Economic projections; Fiscal future; Recession; Federal budget

Type: Report

Abstract:

In outlining its principles for economic stimulus today, the Administration helpfully called for measures that would be temporary and would take effect right away. At the same time, however, the Administration also included several principles that would
substantially reduce the effectiveness of a stimulus package.