hypocritexposer
Well-known member
SESSIONS: And in the next 10 years, since you're carrying that debt and paying interest on it and the stimulus value is long since gone, it would be a continual negative of some effect?
ELMENDORF: Yes, it would represent a drag on the level of GDP beyond that, if no other actions were taken.
http://reason.com/blog/2011/11/17/cbo-on-the-stimulus/print
video of testimony:
http://www.youtube.com/watch?v=2h_rDrd97sY&feature=player_embedded