Economy

Changing the Stimulus

Jan. 12 (Bloomberg) -- President-elect Barack Obama is making “significant” changes to his economic stimulus program, such as boosting energy tax incentives, after members of his own party called elements of the plan inadequate.

I don't know the details of the changes yet, but this is an indication that Nate Silver's analysis that the president-elect intends to allow his recovery plan to increase in size -- hence the lower-than-expected $775 billion baseline.