Using stimulus money for tax cuts would make more 'cents'

Wednesday, June 3, 2009 | 5:20 p.m. CDT

It would have been impossible to predict in advance how the Missouri General Assembly would finally decide to distribute the stimulus funding that the state received from the federal government. Although legislators ultimately decided to spend the stimulus to bolster various budget shortfalls and on large-scale capital projects, the state House of Representatives proposal to use a portion of the funds to provide Missourians with a tax cut deserved more consideration. Dismissing such an idea out of hand would ignore the trade-offs present in any policy decision. Ideas need to be vetted instead of cast aside. In this way, we do justice to the legitimate discussions of economic policy.

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