http://tpmlivewire.talkingpointsmemo.com/2010/05/cbo-stimulus-put-up-to-34m-to-work-in-first-quarter.php?ref=fpaThe CBO now estimates that stimulus put as many as 3.4 million people to work in the first three months of this year -- and raised GDP by as much as 4.6%, according to Reuters.
The CBO estimates that the stimulus created 1.4 million to 3.4 million jobs in the first quarter, and boosted GDP between 1.7% and 4.6%.
Stimulus raised GDP by up to 4.2 pct in Q1 2010 -CBO
http://www.reuters.com/article/idUSN2512520220100526?type=marketsNewsVice President Joe Biden said in a statement that the CBO report "is important validation that the action we took to rescue the economy last year has not only pulled us back from the brink, but put us on a firm path toward economic recovery."
http://www.reuters.com/article/idUSN2512520220100526?type=marketsNews
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