MSNBC hosts ask "how do you justify" recovery funds spent after FY 2010 without noting CBO head's response

SUMMARY: On MSNBC Live, Melissa Francis cited what she called the "legitimate" "complaints" of opponents of the economic recovery plan and stated, "Only 64 percent of the money is going to be spent within the next 19 months." Contessa Brewer replied, "And how do you justify that?" However, the CBO director has stated in congressional testimony that unlike ordinary "periods of economic weakness" that "are fairly short-lived," "CBO projects that economic output will remain significantly below its potential for several more years, so policies that provide stimulus for an extended period of time may be appropriate."

Comments