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CNN's Henry advanced GOP criticism of stimulus package based on purported CBO "study," ignored Dems' response

January 24, 2009 3:55 pm ET

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SUMMARY: On Lou Dobbs Tonight, Ed Henry reported that a "study" from the Congressional Budget Office "was suggesting that a lot of the spending proposals in the original [economic stimulus] plan would not really take effect for a couple of years, so it wouldn't clearly help create jobs in the first two years of the president's administration." However, the director of the Office of Management and Budget stated in a letter that his agency's "analysis indicates that at least 75 percent of the overall package ... will be spent over the next year and a half" -- which Henry did not report.

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