Exact(4)
Borrowing enabled stimulus expenditures that revived demand for goods and services.
The rises reflect big stimulus expenditures in China, which has more leeway than governments elsewhere to pump money into the economy.
The report puts the stimulus expenditures (such as the $1,500 windows credit) in a broader strategy.
President Obama has vowed to track every dime of the stimulus funds and promised that the administration's new website, Recovery.gov, will detail everything taxpayers wanted to know about the stimulus expenditures.
Similar(55)
There are demands that multinational investment be taxed or intimidated into remaining at home rather than going abroad (though, so far, the extreme, Sarkozy-style urging of French firms abroad to return to France has not disgraced the American scene); and in demands that foreign workers and immigrants be fired first and hired last, especially if the stimulus package expenditures are involved.
Stimulus spending.
Some sort of domestic sourcing requirement has applied to most major infrastructure expenditures passed by Congress since World War II, so it would have been a surprise if a requirement had not been attached to the stimulus spending.
By Hendrik Hertzberg March 9, 2009 A letter to the magazine's The Mail section: Hendrik Hertzberg mocks Louisiana Governor Jindal (Talk of the Town, March 9th) for Jindal's criticism of the stimulus plan's expenditures on "volcano monitoring".
A letter to the magazine's The Mail section: Hendrik Hertzberg mocks Louisiana Governor Jindal (Talk of the Town, March 9th) for Jindal's criticism of the stimulus plan's expenditures on "volcano monitoring".
So it's better as a stimulus than other expenditures in the bill.
Fiscal stimulus, TARP spending, government-sponsored-enterprise-related expenditures, along with further slowdown in corporate and individual income tax revenues, will push the fiscal deficit to around $1.3 trillion in fiscal year 2009.
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