RANCHO MIRAGE, Calif. (AP) — The White House says a costly spending bill PresidentBarack Obama signed into law five years ago Monday was good for the economy and helped the U.S. avoid another Great Depression.
Republicans are taking a dimmer view, arguing that the $787 billion economic stimulus bill amounted to too much spending for too few results.
The White House says in a new report that the bill, among other things, saved or created an average of 1.6 million jobs a year between 2009 and 2012.
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