Is Obama's Proposal Any Good? Ctd

Howard Gleckman decodes Obama's latest gambit:

Keep in mind that while Obama's initiatives seem expansive, theirreal budget cost is relatively low. Because companies would havededucted this newly-expensed investment over time anyway, they willeffectively pay back any short-term tax savings and Treasury willeventually recover most of its revenue loss. The White House claimsbusiness would get an immediate tax cut of $200 billion but figures the10-year cost of this 15-month proposal would be...