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Stimulus is helping economy, U.S. budget experts say | Reuters
Tue Aug 25, 2009 4:19pm EDT Email | Print | Share | Reprints | Single Page
By Andy Sullivan
WASHINGTON (Reuters) - The $787 billion stimulus package passed in February will fuel a recovery in the moribund U.S. economy this year, Congress' non-partisan budget watchdog said on Tuesday.
"Economic activity will begin to rebound in the second half of 2009, largely the result of fiscal stimulus," the Congressional Budget Office said in its assessment of the federal budget and U.S. economy.
Tue Aug 25, 2009 4:19pm EDT Email | Print | Share | Reprints | Single Page
By Andy Sullivan
WASHINGTON (Reuters) - The $787 billion stimulus package passed in February will fuel a recovery in the moribund U.S. economy this year, Congress' non-partisan budget watchdog said on Tuesday.
"Economic activity will begin to rebound in the second half of 2009, largely the result of fiscal stimulus," the Congressional Budget Office said in its assessment of the federal budget and U.S. economy.