JOHN BOEHNER

CLICK TO PLAY

CBS ANCHOR KATIE COURIC: Now let’s get back to that $787 billion ‘stimulus’…. Earlier this year, the President claimed it would create or save three million jobs. There are some questions about how many it may have created so far. Chip Reid is at the White House tonight. And Chip, I know the Administration is putting out a jobs report card tomorrow. What can you tell us about that?

CBS CORRESPONDENT CHIP REID: Katie, that report is going to claim the ‘stimulus’ has already created or saved hundreds of thousands of jobs, but if the Administration's first effort at counting stimulus jobs is any guide, tomorrow's numbers could be hard to believe.

At a small college in Georgia, $100,000 in ‘stimulus’ funds paid for trucks for students to practice for commercial driver's licenses. Another $100,000 went for a modular classroom. The school reported to the government that 280 jobs were created. In reality, not even close. That’s the number of students who benefitted. It has nothing to do with jobs.

In Cocoa, Florida, a childcare center reported 129 jobs created by a ‘stimulus’ grant. In fact, no jobs were created. The money was really used to increase the compensation and benefits of 129 existing employees.

Overall, it turns out the Administration’s initial ‘stimulus’ jobs report contained hundreds of errors as first reported by the Associated Press.

Critics say if the kinds of errors found in that earlier report are repeated in Friday’s much more extensive job creation survey, it won’t be worth the paper it’s printed on.

CRAIG JENNINGS, FISCAL POLICY ANALYST, OMB WATCH: We have, I think, a rough estimate at best. And at worst, these numbers are next to useless.

CHIP REID: The White House says the errors have already been corrected, that tomorrow's jobs report has been double and triple checked for weeks, and that it will give an accurate, detailed look at the early success of the ‘stimulus.’ Republicans in Congress, though, predict the report will be a world-class example of government obfuscation.

HOUSE REPUBLICAN LEADER JOHN BOEHNER (R-OH): There is no factual way of determining how many jobs were saved or created.

CHIP REID: Those Republican critics also say they don’t understand how some ‘stimulus’ projects will create any jobs. For example, half a million dollars to study social networks like Facebook and $219,000 to study the sex lives of female college freshmen.