New Report Shows American Recovery And Reinvestment Act Will Work

The American Recovery and Reinvestment Act is essential to our economic recovery.  Yet, Republicans have repeatedly provided misleading information on its effects in an effort to undermine this important legislation. As part of this campaign, Republicans and conservative media figures disingenuously cite a Congressional Budget Office (CBO) statement, falsely asserting that this non-partisan office has determined that the recovery package would harm the economy: “CBO reported this week that the congressional Democrats' plan wouldn't have any real impact for years,” said House Republican Leader John Boehner (1/22/09).  But a new report shows that the CBO projects that the recovery package will work.