No Celebration on Stimulus Anniversary

Matthew McKillip /

Today marked the two-year anniversary of President Obama’s economic stimulus law. But based on the reaction from Capitol Hill, there was little reason to celebrate.

Rep. Jim Jordan (R-OH) held a House Oversight and Government Reform Committee hearing Wednesday morning with Heritage’s J.D. Foster, George Mason University economics professor Russell Roberts, and Stanford University economics professor John Taylor.

Jordan intentionally left two empty seats as placeholders for Christina Romer and Jared Bernstein, architects of the $787 billion plan. Both declined to attend and Jordan turned down an offer from the Obama administration to send replacements.