CNN's Blitzer, Keilar don't challenge latest GOP claim that spending bills amount to "$24 billion a day, a billion dollars an hour"
March 11, 2009 7:56 pm ET
SUMMARY: On The Situation Room, Wolf Blitzer did not challenge a Republican talking point repeated by Rep. Eric Cantor that the cost of the omnibus appropriations bill and the American Recovery and Reinvestment Act amounts to $24 billion a day, a billion dollars an hour." That calculation is based on dividing the costs of the two bills over 50 days. But as Time's Michael Scherer noted, "[t]he omnibus is a spending bill to run the government over the course of an entire year. ... The stimulus will be paid out over several years, with most of the money going out the door over the next 18 months."






