CBO Scoring Must Be New New Math

Discussion in 'Politics' started by boedicca, Mar 18, 2010.

  1. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    The CBO Scoring must be based on New New Math - and Nancy Pelosi must be a psychic.

    Despite the fact that no score has been released, Pelosi says she loves the number - and one of her flying monkeys, Steny Hoyer, has been touting it as reducing the deficit over the next 10 years.

    If the CBO process is truly independent, how is it that Pelosi has any information prior to the score being released? If our laws were applied fairly, Pelosi and Crew would be in the cells next to Bernie Madoff for cooking the books.

    Rep. Steny Hoyer of Maryland, the Number 2 House Democrat, said the economy would be stronger in the long run. The bill is estimated to reduce federal deficit by more than $130 billion over its first 10 years — and $1.2 trillion in the second decade, he said. Hoyer called it the biggest deficit reduction bill since the 1990s, when President Bill Clinton put the federal budget on a path to surplus.

    Authoritative numbers from the Congressional Budget Office were expected later Thursday, but Speaker Nancy Pelosi, D-Calif., was already pleased. "We loved their number," said Pelosi, who is privy to the estimates.

    "I think the momentum is growing for this bill," said Hoyer. "The more and more people have looked at this bill...a greater number of people are becoming more comfortable."...


    House Dems on track for vote on $940B health bill - Yahoo! News
     
  2. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Oh, this is good.

    The word is that ObamaCare CUTS the amounts that individuals and families can contribute to HSA accounts.
     
  3. Some Guy
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    Some Guy Deregulated User

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    Health Savings Account accounts? :)

    But that makes sense. We can't have people spending their money the way they want to.
     
  4. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    The score is being released.

    All anyone really needs to know is that the taxes are in effect for 10 years, with benefits at most for 6 years.

    It's a sad commentary on the state of our country that our supposed elected representatives have so little respect for The People, that they think we are fooled by such shady accounting.
     
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  5. Samson
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    Samson Póg Mo Thóin Supporting Member

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    Why so cynical.

    Haven't ALL Government Programs Saved US Money?

    :confused:
     
  6. Care4all
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    Care4all Warrior Princess Supporting Member

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    so it is bad, the bill saves money?

    or it is bad if the dems say they are reducing their projected spending?

    or the CBO is bad because they let the speaker of the house know the score of the bill before they let you know?

    or the CBO is filled with lying liberals....even though it is the SAME people in the CBO that were scoring the republican bills when they were in the majority?

    silly outrage boe! :lol:
     
  7. Midnight Marauder
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    Midnight Marauder BANNED

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    No.

    It's based on the best they could do with information given.
     
  8. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    It doesn't save money.

    Collecting taxes for 10 years with only 6 years of expenditures is cooking the books. The real test is what the tax and cost structure look like on a fully ramped basis, which does result in a significant deficit. If it reduced the deficit with full benefits immediately - why the delay?

    It's sad that you don't recognize the bait and switch being played here.
     
  9. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    It's too bad the CBO is not allowed to do proper financial analysis.
     
  10. beowolfe
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    beowolfe Senior Member

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    What word? And from whom?
     

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