Here’s a breakdown of where the money has gone, where it is now, and how we’re getting it back: http://www.recovery.gov/Pages/default.aspx
We’ve gotten many loans paid back from firms that have re-established their profitability — the stimulus bill did create added debt, but its overly simplistic to think only about how we are paying back the stimulus bill alone. A better approach would be to think about what levels of debt are acceptable, then getting there through a combination of revenue changes, cuts to entitlements, and more stimulus to avoid continued recession.
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