Birdwatch Note Rating
2023-04-03 23:02:11 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5065EF7C89CE16FA22998C1B74D94BF20E758795D1B82A007E6D33F9CF4A3CFC
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
All Note Details