Senate Majority Leader Harry Reid, pushing for fast action on the stimulus bill, turned to a well-worn maxim: "We should not let the perfect be the enemy of the good." The bill the Senate is expected to send to a conference committee as soon as Tuesday includes provisions -- particularly the $69.8 billion one-year "patch" on the alternative minimum tax (AMT) -- that key economists and budget specialists say are less likely to have the maximum anti-recessionary impact than direct spending provisions calling for substantial purchases by all levels of government.
Comment on The $800 Billion Gamble: Economists Say Stimulus Cuts Could Be "Disastrous"
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Mon, 02/09/2009 - 7:45am
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