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Thursday, January 29, 2009
CNS Misinterprets CBO Analysis of Stimulus?
Topic: CNSNews.com

A Jan. 29 CNSNews.com article by Matt Cover states that the Congressional Budget Office analysis of the economic stimulus bill "found that only 52 percent of the money in the stimulus bill devoted to new government spending will actually be spent by 2010."

By contrast, Media Matters reports that the CBO "concluded that 64 percent of the package would be spent by the end of the fiscal year 2010."

CNS might want to show its work and demonstrate how it came up with its lowball number, given that others have reported much different numbers.


Posted by Terry K. at 12:30 PM EST

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