Monday, August 16, 2010

Total Stimulus: $1 Trillion

With the passage of a $26 billion state aid package Tuesday, Congress has approved over $1 trillion in spending and tax measures to stimulate the economy, according to a recent summary of the legislation by two independent economists. This fiscal stimulus has been just a part of the government's response to the recession, which also includes policies such as TARP, homeowner assistance and initiatives by the Federal Reserve.

source

No comments: