Birdwatch Note Rating
2023-04-04 01:18:29 UTC - NOT_HELPFUL
Rated by Participant: F16F79E10FE3153FF8706923AD8A142BD55447F4AAFC89C194D93DEA8009C720
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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