Almost Half the Spending in Stimulus Bill Would Not Happen for at Least Two Years, Says CBO Analysis Thursday, January 29, 2009 By Matt Cover (CNSNews.com) – Although the argument for quickly passing the $800-billion-plus stimulus bill now before Congress is that pumping money into the economy immediately will spur economic growth and create jobs, almost half of the new spending—as opposed to tax cuts—being proposed in the bill would not be spent until at least two years from now, according to an analysis published by the Congressional Budget Office. The tax cut provisions in the bill would take effect...