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Politics : Formerly About Advanced Micro Devices
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To: RetiredNow who wrote (530700)11/19/2009 1:52:40 PM
From: i-node2 Recommendations  Read Replies (1) of 1573990
 
>> The CBO has scored the Senate bill and has said it will reduce the deficits by $128B over 10 years.

Do you realize that the Senate bill has been structured such that revenue provisions start immediately and expense provisions start halfway through the 10 year period? A tactic designed specifically to make the legislation look half as expensive as it actually is?

I'm not quite sure how you could (a) have the background in economics you claim, (b) be paying attention, and (c) not have noticed this fact. Something is wrong with the picture that you wouldn't recognize this gimmick.

>> Now we can choose to not believe the CBO

While it is true the CBO has never been right on one of these bills yet, the fact is they try very hard. But when Congress hands them bills that are designed to get around the CBO's required scoring process, there is not a damned thing CBO can do but score it.
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