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Schieffer carries water for GOP, mouthing myth about stimulus

February 08, 2009 2:58 pm ET

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SUMMARY: On Face the Nation, Bob Schieffer adopted the often repeated Republican talking point that some government spending in the recovery package currently being debated in the Senate is not stimulus. In fact, while testifying about the bill, CBO director Douglas Elmendorf said that CBO and "most economists" believe that "all of the increase in government spending ... provides some stimulative effect."

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