Stimulus Legislation constitutes net drag on GDP over next ten years, CBO says

Congressional Budget Office (CBO) Director Douglas Elmendorf says that, according to CBO's estimates, with the stimulus legislation in place, "the level of GDP would be a little lower at the end. That is, a net negative effect on the growth of GDP over 10 years." Elmendorf then confirms that CBO estimates that the economic drag will continue in the following decade. 

http://reason.com/blog/2011/11/17/cbo-on-the-stimulus