Why CBO Numbers Shouldn’t Be The Only Source For Fiscal Sanity Of Proposed Legislation
Whenever we hear proposed legislation being debated, we typically see the politicians reference CBO numbers and estimates. This is because the CBO, or the Congressional Budget Office, is a non-partisan group, therefore, they can be trusted to not have an agenda. They do still have their limitations in their estimates as I’ll let Paul Ryan explain in the video below. Specifics to what I’m referring to are at the 2:50 mark of the video, although I encourage watching the full interview.
From my point of view, Ryan is one of the few who “get it” on either side of the aisle in D.C.