[Editor’s note: This graphic from this Sunday’s Washington Post graphically breaks down who benefits from the bill’s spending measures. Most of the effect of the bill would be felt in 2009 and 2010. Thanks Karen!]
Republished from The Washington Post. February 01, 2009
Reporting by Karen Yourish, graphic by Laura Stanton.
Related article: 8 Questions on the Stimulus Package.
The centerpiece of President Obama’s domestic agenda is an $819 billion economic stimulus plan. The Senate will consider the measure this week, with an eye toward the amount of tax cuts and spending. Republicans and Democrats spar over what to consider a tax cut. An analysis by the nonpartisan Congressional Budget Office tallies the tax-cut portion to be significantly less than the one-third Democrats claim it to be.
View full size (screenshot below).
SOURCE: Congressional Budget Office
Tags: bailout, cbo, congress, economy, karen, laura, obama, stimulous
I look at Washington Post almost everyday, but somehow missed this graphic on stimulus funding.
Looks like a chandelier I might find at the (now operating under bankruptcy protection) Trump Taj Mahal.
As to the decline shown for “Spending Over Time”, it seems to be wishful thinking. It’s very difficult to “project” these expenditures that far, in a steady state situation; in these turbulent times, it’s just about impossible.
But that is a comment on the CBO estimates, not on the cartography, which is the issue here.