Controversial CBO Report On Stimulus Turns Out Not To Exist

[kpete]

Source: Huffington Post

Reports of a recent study by the Congressional Budget Office, showing that the vast majority of the money in the stimulus package won't be spent until after 2010, have Democrats on the defensive and the GOP calling for a pullback in wasteful spending.

Funny thing is, there is no such report.

"We did not issue any report, any analysis or any study," a CBO aide told the Huffington Post.

Rather, the nonpartisan CBO ran a small portion of an earlier version of the stimulus plan through a computer program that uses a standard formula to determine a score -- how quickly money will be spent. The score only dealt with the part of the stimulus headed for the Appropriations Committee and left out the parts bound for the Ways and Means or Energy and Commerce Committee.

Because it dealt with just a part of the stimulus, it estimated the spending rate for only about $300 billion of the $825 billion plan. Significant changes have been made to the part of the bill the CBO looked at.



Read more: http://www.huffingtonpost.com/2009/01/23/a-controversial-cbo-repor_n_160495.html

[Ilsa]

1. It's not news that Republicans are liars. I hope the "librul media"

gets the word out on this farce before Obama starts facing more opposition. Thanks for the post.

[pleah]

2. K&R Why am I not surprised.

[skeewee08]

3. Those lying piece of sh**

[Joanne98]

4. Mythomaniacs strike again!

[Enrique]

5. the report exists, there's a link to it in this article

it's short, it's incomplete, it's not a finished "CBO product", but it exists.

[jasmeel]

6. I think the stimulus plan changed since they rant their product.

[Lasher]

15. Right, and a draft version does not constitute a report.

The report does not exist.

[Omaha Steve]

7. Great post

K&R!

[underpants]

8. LOL- the Fox News guy thought he had a winner with this at the presser the other day

WOw they really are just making stuff up....again

[lonestarnot]

9. Welp for fuck sakes. No shit. It was just another theft fest.

[radfringe]

10. so as usual....

repubs get half the info, get it wrong and make a stink

[samsingh]

11. imagine if the gop did not exist?

[Piewhacket]

12. propaganda machine cranking up in opposition mode.

need to identify (and discredit) those reporting these fabrications.
so WHO MADE THE REPORT?

[Doremus]

13. So who, specifically, put the lie out there? Find him/her and punish as appropriate.

This kind of shit won't stop unless/until we reinstitute the concept of accountability in government.

Starting NOW.

[Skink]

14. What's wrong with spending money on roads and bridges anyway?

should we not do it cause it might not act fast enough. FDR faced the depression. Ike built the Federal highway system just because. Now let's rebuild our infastructure with the goal of a better greener future. Not just because we are in recession.