Friday, February 06, 2009

Silver Lining on the "Stimulus" Bill

Update: The Senate bill is now $827 billion, so the following item has been overtake by events. Hopefully the outcome alluded to below will still take place.

Breaking news from CNN:
Democratic and Republican Senate negotiators reached a tentative agreement for a $780 billion economic stimulus package, according to two Democratic sources and a GOP negotiator. Senate Majority Leader Harry Reid took the list of cuts to the nearly $900 billion Senate bill to fellow Democrats, and the Senate continued the debate into the evening.
Below $800 billion! Well, look at the bright side. Maybe it will drive Paul Krugman crazy.

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