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CBO score in
Posted by: pdq
Date: November 18, 2021 07:26PM
Most of the headlines say it will $367B to the deficit. That's 1) over 10 years, and 2) only if you include the costs of increased IRS enforcement of tax cheats...but don't include the increased revenue that CBO projects will come in as a result.

confused smiley

If you do include the CBO's estimate of increased revenue (which Larry Summers calls "conservative to the point of implausibility" - the Treasury Department is estimating more like $400B), you end up with a cost of $160B, over 10 years. So, around $16B a year (about what a single aircraft carrier is running these days). And no "dynamic scoring" necessary.

Well, we see how this is received. The House may vote tonight. Waiting for cold water from SineManchin.
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Re: CBO score in
Posted by: Speedy
Date: November 18, 2021 09:14PM
The speaker won’t hold a vote if she doesn’t expect it to pass.



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: CBO score in
Posted by: vision63
Date: November 18, 2021 10:07PM
Quote
Speedy
The speaker won’t hold a vote if she doesn’t expect it to pass.

McCarthy, this utter pos is having himself a marathon speech. If I thought working his district would get rid of him, I'd be all over Bakersfield.
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Re: CBO score in
Posted by: RgrF
Date: November 18, 2021 10:27PM
Not gonna' happen. Kern County might as well be in rural Arkansas.
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Re: CBO score in
Posted by: vision63
Date: November 18, 2021 10:31PM
Quote
RgrF
Not gonna' happen. Kern County might as well be in rural Arkansas.

It is but he's getting less and less of the vote. 62% last year.
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Re: CBO score in
Posted by: pdq
Date: November 19, 2021 08:20AM
Voting is underway in the House. It’ll pass there.

Edit: It did. Now on to SineManchin.



Edited 1 time(s). Last edit at 11/19/2021 08:44AM by pdq.
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Re: CBO score in
Posted by: bfd
Date: November 19, 2021 01:16PM
The congressional member from NY who noted that she delivered a baby less time than it took McCarthy to deliver his nonsense. Epic.

Another member from Cali who joked that CBO estimates Kevin McCarthy has robbed us of two hours of our life…
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