Birdwatch Archive

Birdwatch Note

2023-04-03 20:59:25 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

CBO and university researchers estimate federal spending "has an average annual rate of return of about 5 percent, or half of the agency’s estimate of the average rate of return on private investment." For every $1 in private investment, $20 in federal funds must be spent. https://www.cbo.gov/sites/default/files/114th-congress-2015-2016/reports/51628-Federal_Investment.pdf https://budgetmodel.wharton.upenn.edu/issues/2021/6/15/economic-effects-of-infrastructure-investment

Written by C73C7F685A58EE17B470DD7ADE00FC9F87B7B238E952A43D71C9D3571D05DD7E
Participant Details

All Information

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• noteAuthorParticipantId - C73C7F685A58EE17B470DD7ADE00FC9F87B7B238E952A43D71C9D3571D05DD7E Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• CBO and university researchers estimate federal spending "has an average annual rate of return of about 5 percent, or half of the agency’s estimate of the average rate of return on private investment." For every $1 in private investment, $20 in federal funds must be spent. https://www.cbo.gov/sites/default/files/114th-congress-2015-2016/reports/51628-Federal_Investment.pdf https://budgetmodel.wharton.upenn.edu/issues/2021/6/15/economic-effects-of-infrastructure-investment