Beck falsely claimed "[o]nly 3 percent" of stimulus plan would be "spent in the next 12 months"

SUMMARY: Fox News' Glenn Beck falsely claimed that "[o]nly 3 percent" of the Democratic economic stimulus plan would be "spent in the next 12 months." Beck's figures were based on a partial Congressional Budget Office cost estimate that excluded faster-moving provisions in the bill. According to the CBO's full cost estimate of the bill, 11.2 percent of the $816 billion bill would be spent in the first seven-and-a-half months after the bill is enacted, and, when including the bill's tax cut provisions, $169 billion -- or 20.7 percent of the bill's total cost -- would take effect in the first seven-and-a-half months.

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