December 6, 2001

The Centrist Coalition's Disappointing Stimulus Proposal
by John Springer

PDF of this fact sheet
HTML of full report
PDF of full report

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On November 20, the Center on Budget and Policy Priorities released a report, The Centrist Coalition's Disappointing Stimulus Proposal. The report analyzes an economic stimulus package unveiled on November 14 by Senators John Breaux, Olympia Snowe, and several other senators. That package has been presented by its sponsors as being the basis for a possible compromise on a stimulus package. The Centrist Coalition package, however, is a significant disappointment in some key respects. This is particularly the case with regard to assisting unemployed workers and providing fiscal relief to states — the two areas where a number of leading experts on the economy have stated Congress can provide the most effective stimulus. The report's findings include: