Massive Three Ignore CBO Report: Economic system Will Get better in 2021 With out Biden
The evening news from ABC, CBS and NBC have now ignored news that makes former President Donald Trump’s economic policies look good even after his absence.
Fox Business reported, “The US economy will return to pre-pandemic size by mid-year with no urgent incentive, the US Congressional Budget Office [CBO] projected monday [February 1]. “The CBO report expressly states:”Applicable federal tax and spending laws (as of Jan. 12) generally remain in effect and no significant additional emergency funding or assistance will be provided.“The economy will continue to strengthen” over the next five years. “But guess what. ABC World News Tonight, CBS Evening News and NBC Nightly News all ignored the CBO report during their February 1st broadcast. [Emphasis added.]
The CBO report suggested that the economy would recover quickly if Biden didn’t change the current policies that were active under Trump. Two of the improvements were definitely encouraging. First, “Real GDP will grow rapidly in the coming year, reaching its previous peak in mid-2021 and surpassing its potential level in early 2025.” The CBO report also forecast that many people will “return to the civilian workforce they did during the.” Pandemic and will bring it back to pre-pandemic size in 2022 “.
The CBO report had other positive news that worked well for the Trump administration:
CBO is currently forecasting a stronger economy than it was in July 2020, in large part because the downturn was not as severe as expected and because the first phase of the recovery came earlier and was stronger than expected (see Table 4 on page 7).
The irony was that after meeting ten Republican senators on COVID aid, all three networks reported on Biden’s $ 1.9 trillion bailout plan, but neither bothered to handle the CBO report. The networks, of course, attacked the GOP’s counter-proposal for a relief plan, which came at a much lower price.
ABC World News Tonight February 1, broadcast (173 seconds of coverage of COVID relief with no mention of the CBO report.)
CBS Evening News Feb.1, broadcast (110 seconds of coverage of COVID relief with no mention of the CBO report).
NBC Nightly News February 1, broadcast (49 seconds of coverage of COVID relief with no mention of the CBO report.)
Conservatives are attacked. Contact ABC News (818-460-7477), CBS News (212-975-3247), and NBC News (212-664-6192) and hold them responsible for ignoring the CBO report, the Trumps Economic record has improved.
MRC News Analyst Nicholas Fondacaro contributed to this report.