Updated July 7 at 9:26pm

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opinion

What is the correct size for the economic stimulus package being debated in Congress?

Posted:
Less than $500 billion 20% | 20 votes
$500 billion to $750 billion 20% | 20 votes
$750 billion to $1 trillion 22% | 22 votes
More than $1 trillion 21% | 21 votes
No need for a stimulus package 16% | 16 votes

Having passed the Senate yesterday, the economic stimulus bill is now in the midst of what could turn out to be contentious House-Senate conference committee negotiations.

While it is not clear if principled opposition to the approach of the stimulus or political gamesmanship (or both) is the reason for the nature of the public debate on the bill, there seems to be no question that there will be a stimulus package approved by Congress and signed by President Barack Obama.

Whether it will contain larger tax cuts or more government spending is likely to be the crux of the Congressional debates.

In the end, however, the biggest question is likely to revolve around just how much money the government will pump into the economy as the "buyer of last resort."

economic stimulus, banking system bailout, president barack obama, u.s. congress, public works projects, infrastructure investments, state budget deficits

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