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Apologies: This was supposed to be a regular feature, and I slacked. Now it's back.
Today is the one-year anniversary of the president's stimulus plan, and here is some background reading on the administration's biggest domestic policy win:
- Vice President Joe Biden thinks the stimulus is awesome. Er, at least he says so in this report released by his office, which details the various accomplishments of the American Recovery and Reinvestment Act.
- In a more non-partisan fashion, the Congressional Budget Office's most recent analysis of the stimulus suggests it created as many as 1.6 million jobs through the end of September 2009.
- The Center on Budget and Policy Priorities notes that just seven of the bill's provisions "are keeping more than 6 million Americans out of poverty and reducing the severity of poverty for 33 million more."
- Mark Zandi has a chart of the fiscal multiplier of each dollar spent on various policy options; these figures were found in basically every stimulus analysis last winter.
- Here's a new interactive chart from ProPublica that tracks how fast each department has spent its stimulus funding.
Previous Annotation: Deficits and Debt.
-- Tim Fernholz