On the recordSeptember 21, 2004
with an unprecedented fiscal meltdown in this country, going from $5.5 trillion in projected surplus over the next 10 years to over $3.5 billion in additional debt, fiscal turnaround of over $9 trillion, would we not like to think that, at least for that degree of damage to the Federal budget, that we have gotten the maximum economic stimulus, or that we have at least been able to fund our major priorities like education and research and health care, transportation? Yet I do not know any economist who will claim that we have had the best possible economic stimulus or the economic turnaround. This is as sluggish an economic recovery as anybody can remember.
Source
govinfo.gov




