CBO: Jobs Created and Saved By Stimulus Cost At Minimum An Average of $228,055 Each


(CNSNews.com) – The jobs created and saved by the economic stimulus law that President Barack Obama signed on Feb. 17, 2009 cost an average of at least $228,055 each, according to data released by the Congressional Budget Office.

In a report released Wednesday—“Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October Through December 2010”—the CBO said it now estimates the stimulus law cost a total of $821 billion, up from CBO’s original estimate that the stimulus would cost $787 billion.

Read more: http://www.cnsnews.com/news/article/cbo-jobs-created-and-saved-stimulus-cost#

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