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Right winger sent me this.....does anyone know if it is true. If so it is really bad....

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KansasVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:04 PM
Original message
Right winger sent me this.....does anyone know if it is true. If so it is really bad....
Edited on Wed Jan-28-09 04:13 PM by KansasVoter
A right wing friend sent me this. If we really pulled this from the web site it is not a good idea!

Since I posted this, many have posted proof that this is a LIE and I have notified my nutty right wing friend. Thanks DU!!!


During previous administrations (including Clinton), the reports for the Congressional Budget Office have been the “gold standard” for analyzing government spending.

According to Congressional Budget Office estimates, only $26 billion of the House stimulus bill's $355 billion in new spending would actually be spent in the current fiscal year, and just $110 billion would be spent by the end of 2010.

Shortly after this information was published, the CBO's analysis has vanished into thin air after having been posted early last week on the Appropriations Committee Web site.

Transparency?
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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:06 PM
Response to Original message
1. The report is nothing but another right winger LIE
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KansasVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:06 PM
Response to Reply #1
2. The CBO report is a lie or the friends comment??
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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:07 PM
Response to Reply #2
6. There never was a report
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ellie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:07 PM
Response to Original message
3. I believe there was a thread
Edited on Wed Jan-28-09 04:09 PM by ellie
on this the other day. This CBO report was on a prior version of the stimulus, not the current stimulus.

On edit, here is the thread: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3704895
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NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:07 PM
Response to Original message
4. the so called 'report' doesn't exist
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YOY Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:07 PM
Response to Original message
5. NOT THE CLENIS!!!
I'm sure it will be coming to Snope.com soon enough.
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pot luck Donating Member (326 posts) Send PM | Profile | Ignore Wed Jan-28-09 04:08 PM
Response to Original message
7. Don't believe everything (or anything) a RepubliCON tells you.
http://www.usnews.com/articles/news/stimulus/2009/01/27/cbo-majority-of-stimulus-money-would-enter-economy-by-end-of-2010.html

"The new report issued by the CBO examines the potential effect of the total stimulus package, which it estimates at $816 billion. The report says that 64 percent of the money would make its way into the economy within 19 months."
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:08 PM
Response to Original message
8. Is there a link for the CBO's report.....
Because reports don't just exist on the web.

There was a report that wasn't really a report that was cited by Republicans.

The report that just came out support the Democrats' position,
not the Republican's quoting a report that wasn't really a report.
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terisan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:10 PM
Response to Original message
9. It may have been taken down because changes in the stim plan made the figures obsolete.
Hopefully a new report will be available soon
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man4allcats Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:34 PM
Response to Original message
10. The "report" is nonexistent. The Republicans simply made it up.
Yes, that's right. They made it up. Rachel Maddow discussed this yesterday in her report entitled "Stimulus Showdown and Debunked Nonexistent CBO Report." The section relevant to the made-up CBO report is discussed at six minutes into Rachel's seven minute plus video.
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Thrill Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:36 PM
Response to Original message
11. I think this has already been debunked
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CitizenPatriot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:43 PM
Response to Original message
12. tell your friends to go ask the Republicans
who cited this report in their talks with the media to find it. They claim they read it, but the CBO said "there was never any report".

It turned out that repubs leaked what they called the report to reporters, in an attempt to justify their obstruction of the stimulus plan and their refusal to join the president in his attempt to save Americans from the financial ruin brought on by the GOP.

there was never any report. The Repubs lied to the media to sway americans against the new President. Ask your friends why they hate America and if they, too, listen to Rush Limbaugh? Ask them how we are ever going to fix this country with people like them spreading lies and pettiness when we have real work to do? Ask them if they would mind dealing with facts and trying to help this great nation instead of impede it further.

That leaked phony report was an OUTRAGE. Another GOP lie. If they keep this crap up, they will go out of power forever.

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backscatter712 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:48 PM
Response to Original message
13. It's bullshit. n/t
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snowbear Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 04:59 PM
Response to Original message
14. With friends like that....
.
.

...well.. you know..
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 05:00 PM
Response to Original message
15. Your thread title told me all I needed.
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 05:10 PM
Response to Original message
16. Your "friend" is WRONG. (link)
I believe that 63% is the correct estimate for the amount of stimulus money to be spent this fiscal year.

http://www.nytimes.com/2009/01/28/business/economy/28leonhardt.html?ref=business

From the New York Times:
How much of a difference will the stimulus make?

Two weeks ago, a Congressional committee posted a table of numbers on its Web site that gave an early answer. The numbers came from the Congressional Budget Office and seemed to show that only 38 percent of the money in the bill would be spent by September 2010. That didn’t sound very stimulating, and the numbers soon caused a minor media sensation.

But anyone who looked closely would have seen something strange about the table. It suggested that the bill would cost only $355 billion in all, rather than its actual cost of about $800 billion.

Why? It turns out that the table was analyzing only certain parts of the bill, like new spending on highways, education and energy. It ignored the tax cuts, jobless benefits and Medicaid payments — the very money that will be spent the fastest.

On Monday evening, the Congressional Budget Office put out its analysis of the full bill, and it gave a very different picture. It estimated that about 64 percent of the money, or $526 billion, would be spent by next September....


More:
http://www.nytimes.com/2009/01/28/business/economy/28leonhardt.html?ref=business

If the incorrect information was sent to you in a mass-mailing, perhaps you could send this out as a correction to the entire list.
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Vinca Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 05:15 PM
Response to Original message
17. Huh - wouldn't that be like the "Mission Accomplished" banner
disappearing from the White House web site during Bush . . . among other things? Your friend needs to go in search of a life.
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TankLV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 05:29 PM
Response to Original message
18. A right winger sent you something - it's a GIVEN that it's a LIE...
some people never learn, do you...!!!
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LynnTheDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-09 10:25 AM
Response to Original message
19. Can ya smell that bullshit??! It is, in fact, bullshit.
Gotta love how those Republics are so busy trying to destroy the current American government they'll even screech about non-existant reports "disappearing".

:rofl:
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