Birdwatch Note Rating
2023-04-04 02:56:26 UTC - NOT_HELPFUL
Rated by Participant: 16225E4AF968E31FD07DFA25D1098E21A249C6C57C77232129298DE526F7C785
Participant Details
Original Note:
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
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