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Posted By Conn Carroll On January 27, 2009 @ 3:08 pm In Ongoing Priorities | Comments Disabled
Remember when leftist groups like the Center for American Progress  were denying the CBO had a report debunking the claim’s of The Pelosi-Reid-Obama Debt Plan?  Turns out that report DOES EXIST! 
President Barack Obama has promised  that 75% of the money from the stimulus package will be pumped into the economy by Sept. 30, 2010. Well, according to the very real CBO report  only 41%  of the government purchases in The Pelosi-Reid-Obama Debt Plan  occurs in the first two years.
Sounds like a thorough debunking to us.
Article printed from The Foundry: Conservative Policy News Blog from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2009/01/27/41/
URLs in this post:
 Center for American Progress: http://yglesias.thinkprogress.org/archives/2009/01/81_times.php
 The Pelosi-Reid-Obama Debt Plan?: http://www.foundry.org/2009/01/27/stimulus-101-the-pelosi-reid-obama-debt-plan/
 DOES EXIST!: http://cboblog.cbo.gov/?p=199
 has promised: http://uk.reuters.com/article/marketsNewsUS/idUKN2650866620090127
 only 41%: http://gregmankiw.blogspot.com/2009/01/cbo-on-fiscal-policy-lags.html
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