Birdwatch Note Rating
2023-04-03 21:20:41 UTC - SOMEWHAT_HELPFUL
Rated by Participant: C6047AC895BC538562B69427CF49C8C20A28E88C9C4B8C5FD911BFD7DF94F8D8
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