CBO Report Debunks GOP's Stimulus Talking Point
Remember last week, when Republicans were beating their chests over a Congressional Budget Office report that showed 64% of the money in the House stimulus bill would be spent during the first 18 months after its enactment?
After all, the GOP told us in no uncertain terms, the Obama administration had vowed to spend 75% of the stimulus in 18 months -- so the 64% spend-out rate of the House bill represented total failure.
Given that agita, one wonders how the GOP will respond to the CBO's newest report on the Senate stimulus bill. The budget office found that $694 billion of the bill's total $884 billion cost would be spent during the first 18 months after enactment, or a spend-out rate of 78%.
By the Republicans' own metric, that makes the bill a smashing success! Does that mean you'll promise not to filibuster it, guys?
Josh
Matt
Eric
Brian
ROTFLMAO! Love your sense of humor!
These numbers will probably never see the light of day outside of political blogs.
February 2, 2009 4:53 PM | Reply | Permalink
Both sides know how to count votes. No way McConnell demands a cloture vote he knows he's going to lose. That just puts them on record as having voted against it twice.
February 2, 2009 4:55 PM | Reply | Permalink
They'll keep lying about it, just like they did for two weeks about a nonexistent CBO report?
Nothing they have said publicly about it so far gives any indication that they're interested in a serious debate. There's no reason to think the response to this news will be any different.
February 2, 2009 5:56 PM | Reply | Permalink