Treasury has not recalculated cost of stimulus bonds

11/25/2009 | Bond Buyer (free content), The

Build America Bonds, which were created under the American Recovery and Reinvestment Act, have driven private and public investment, according to the Treasury. But Alan Krueger, the Treasury's assistant secretary for economic policy, said the cost of the bonds for taxpayers has not been recalculated since initial projections. "It's not an easy thing to calculate," he said. "There's a lot of parts that are relevant to it."

View Full Article in:

Bond Buyer (free content), The