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IPFS News Link • Economy - Economics USA

Officials say stimulus bill to cost $75B more

• AP
Last year's $787 billion economic stimulus bill is going to be even more expensive -- $75 billion more.

The new Congressional Budget Office estimate, released Tuesday, provides more ammunition for Republicans who say the stimulus has been long on spending and short on creating promised jobs. The additional cost also eats into the savings forecast from the budget freeze President Barack Obama is expected to propose Wednesday night during his State of the Union address.