Even After CBO Reports Stimulus Created Up To 1.6 Million Jobs, Conservatives Claim It ‘Failed’

Today, the White House is hosting a jobs forum, “to sound out ideas for accelerating job growth during the worst labor market in a generation,” as Democrats in both houses of Congress are attempting to craft jobs legislation. Yesterday, the administration for the first time expressed support for new legislation, so long as it has a “relatively small deficit impact.”

This effort comes in the wake of a Congressional Budget Office (CBO) report showing that the economic stimulus package is having its intended effect — creating or saving 600,000 to 1.6 million jobs — albeit in a weaker than anticipated economy.