Saturday, December 20, 2008

$775 Billion, And Not A Penny More

As the New York Times reports that the Obama stimulus plan will now go as high as $775 billion, we read:
The message from Mr. Obama was that “there was not going to be any spending money for the sake of spending money,” said Lawrence H. Summers, who will be the senior economic adviser in the White House.
That explains what happened to that last $25 billion: Fiscal prudence.

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