W.H. ties big job gains to stimulus
From: The Washington Times | October 31, 2009
In its most extensive analysis to date, the Obama administration said Friday that money spent under its $787 billion economic stimulus plan has directly saved or created 640,329 jobs, but the White House faced new Republican complaints that the plan’s benefits are being badly oversold. With about $150 billion allocated so far and another $288 billion in the plan, administration officials said stimulus dollars are directly and indirectly responsible for creating or saving more than 1 million jobs, and that the program is on track to reach 3.5 million jobs when fully implemented. The newly released estimates are not likely …
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