Thursday, January 28, 2010

Stimulus price tag soars

The economic stimulus bill's price tag has risen to $862 billion, the Congressional Budget Office said Tuesday — a $75 billion jump that's a result in part to the fact that, despite the spending, joblessness has risen and the government is paying out more than expected on unemployment benefits. The CBO, in a new report, also said spending in fiscal 2010 will push the deficit to more than $1.3 trillion, or nearly the record $1.4 trillion deficit recorded in more

Let's play the incentive game. As the Obama economic policies fail the costs go up. In other words, failure results in the bureacrats having more money to spend. What kind of incentive is that?

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