CBO Says UP To 1.6 Million Jobs Created Or Saved In September

Posted by | December 1, 2009 18:12 | Filed under: Top Stories

The Congressional Budget Office says between 600,000 and 1.6 million jobs have been created or saved because of the American Recovery and Reinvestment Act.

The data, released Monday, say the real inflation-adjusted gross domestic product was 1.2 percent to 3.2 percent higher than it would have been had the $787 billion stimulus package not passed in February. Also, the stimulus lowered the unemployment by between 0.3 and 0.9 percentage points, according to the report.

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By: Alan

Alan Colmes is the publisher of Liberaland.

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