Clive Crook's view:
[T]his stimulus is not bigger than the first, not even close. Two-thirds of its "cost" is keeping tax rates where they currently are. There is no new stimulus in failing to put taxes up--in forgoing a drastic fiscal tightening that nobody wanted and nobody expected. Unlike Krauthammer, I think further short-term stimulus makes sense, so I welcome the $300 billion (over two years) or so of extra stimulus in the deal. Oppose this if you like, but please don't call it a bigger stimulus than the first.
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