The goal of scoring a tax bill is to show policymakers the economic and revenue impacts from a change in tax policy. The accuracy of a score is based on how well the underlying logic of the estimation ...
Greg Ip has a good piece in the WSJ on the subject of the dynamic scoring of budget proposals. The opposition to this idea tends to come from the idea that it will all get very political. And I have ...
In his testimony before the Joint Economic Committee, Senior Fellow and Director of Economic Policy Studies at the American Enterprise Institute (AEI) Kevin Hassett examines the potential benefits of ...
While most citizens were distracted by the holidays, the enlarged Republican majority in Congress was laying golden pavers for its magical kingdom — a fabulous place where taxes are cut, military ...
WASHINGTON -- The dustup over "dynamic scoring" is a small indicator of the routine irrelevancy of Washington's budget debate. Instead of facing the real issues -- how much we should spend, on what, ...
David Stockman, President Reagan’s budget director, introduced the concept of dynamic scoring for tax cuts in 1981. Stockman believed that as the tax rates on income fell, the economy would expand.
Now that the Lee-Rubio tax plan has been introduced in Congress, we can anticipate a renewed discussion about how cuts in tax rates boost government revenue and help balance the budget. Republican ...
A much-needed corrective by the WSJ’s Greg Ip to the hysteria over the new House rule that requires the CBO dynamically score major legislation. Statically assuming that, say, big tax cuts have no ...
One of the major unanswered questions regarding President Trump's tax-reform proposal is: How much will it cost? In theory the government has a way to answer that, but surprisingly there's no standard ...
New Jersey Democrats Should Stop Adding Fire to ICE Protests On Voting for Terrible People Worse Than the Devil You Know Audio By Carbonatix There’s a fair amount of bunkum in accounting, but there is ...
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