“Senate leaders are planning to begin debate on a far-reaching tax package as soon as Thursday as rank-and-file Democrats warm to an agreement between the White House and Republicans to extend a host of expiring tax cuts and pump fresh cash into the economy.” (Washington Post)
They’re all Keynesians now.
FEE Timely Classic
“Transforming America: The Bush-Obama Stimulus Programs” by Randall G. Holcombe