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Katashi_itto

(10,175 posts)
Tue Dec 23, 2014, 08:40 AM Dec 2014

Report: New Congress Dumping CBO Chief To Clear Way For Special GOP Budget Math

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The incoming leaders of the new Republican-controlled Congress have opted against reappointing Doug Elmendorf as head of the Congressional Budget Office, Bloomberg News reported Monday citing an "aide briefed on the decision." The move helps clear the way for so-called "dynamic scoring" -- a Holy Grail of conservative GOP budget wonks who don't like the way the costs of tax cuts are currently calculated.

Elmendorf previously served as an economist with the Treasury Department and the Federal Reserve. He was appointed to lead the CBO in 2009 after Peter Orszag, the previous director, was nominated to run the White House Office of Management and Budget. After that, in 2011, Elmendorf was confirmed for a four-year term after Republicans took over the House of Representatives.

Supporters of Elmendorf have said that the fact that he was reappointed by congressional Republicans shows that he isn't spiking the numbers to favor establishment Republicans or the Obama administration.

Over the past few months Republicans have renewed their focus on changing the way CBO scores budgets if they were to take control of the Senate and keep control of the House of Representatives. Dynamic scoring calculates budgets through a controversial view that tax cuts both create economic growth and counter lost revenue. Currently the CBO does not use dynamic scoring.

http://talkingpointsmemo.com/livewire/republicans-renominate-doug-elmendorf-dynamic-scoring
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Report: New Congress Dumping CBO Chief To Clear Way For Special GOP Budget Math (Original Post) Katashi_itto Dec 2014 OP
On teh bright side dixiegrrrrl Dec 2014 #1
+1 Katashi_itto Dec 2014 #2
There is not enough SamKnause Dec 2014 #3
Oh good. Now the whole Government can go back to doing Karl Rove's math.. Volaris Dec 2014 #4
"Dynamic Scoring" -- a pseudoscientific term meant to obscure that it's total bullshit. eppur_se_muova Dec 2014 #5
Glad to see Ms. Pelosi and Mr. Reid opposing Special GOP Budget Math. Octafish Dec 2014 #6

dixiegrrrrl

(60,010 posts)
1. On teh bright side
Tue Dec 23, 2014, 09:09 AM
Dec 2014

There are gonna be some fun books and movies and plays made about the Kongressional Klown Kar gang, down the road.
If anyone has a sense of humor left by then.

Wonder if only Faux news will be allowed at press conferences?

Volaris

(10,272 posts)
4. Oh good. Now the whole Government can go back to doing Karl Rove's math..
Tue Dec 23, 2014, 11:33 AM
Dec 2014

The reason they want this done is so that they can erase the on-paper (see ACTUAL AND REAL) savings to the Federal Government provided by the ACA. Then, they can claim that its a giant waste of tax-payer money, and vote (again) to repeal it.

If they do, it won't be 5 years and single-payer will be the Law of the Land.
Let's pray they're actually that stupid.

eppur_se_muova

(36,271 posts)
5. "Dynamic Scoring" -- a pseudoscientific term meant to obscure that it's total bullshit.
Tue Dec 23, 2014, 12:05 PM
Dec 2014

The name sounds like something technical that only budget wonks would understand, but it's really just a formula for telling big lies and cloaking them in ersatz legitimacy.

Octafish

(55,745 posts)
6. Glad to see Ms. Pelosi and Mr. Reid opposing Special GOP Budget Math.
Tue Dec 23, 2014, 02:12 PM
Dec 2014

No? More "Go Along to Get Along." So it's more of the same-ol', same ol'. Fool me once shame on you. Fool me twice. Won't get fooled again trickle down Budget Math.

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