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Wash. Times falsely claimed CBO "estimated that the full cost of" recovery bill "will reach $3.2 trillion by 2019"

February 17, 2009 11:11 am ET

SUMMARY: A Washington Times editorial falsely claimed that the Congressional Budget Office "estimated that the full cost of [the economic recovery] bill ... will reach $3.2 trillion by 2019." In fact, more than half of that $3.2 trillion figure comes from the cost of permanently extending more than 20 provisions in the recovery bill, which the bill does not do, as CBO director Douglas Elmendorf has noted.

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