So is this new $825 billion bailout part of the original $700 billion or all new money??
If it's new then we're talking about $1.5 trillion on bailout packages (not to mention the other "investments" the government has been making with our tax dollars).
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readytoretire answered 11 months ago …
It's the government, so obviously it is more money. Why take credit for what is already announced when you can shovel some more out the door. And the part of the new plan dealing with our infrastructure is a massive 90B, or 11 percent of the 875B. Hard to see how much infrastructure we can rebuild for that. Not the kind of massive investment the run up to now had talked about. Some of the 875B we will actually see, a $500 cut in our payroll taxes. Try not to spend it all in one place, after all, we are supposed to stimulate the economy.
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