On the Conference Committee Tax Bill Where's The CBO Cost Estimate Report?

[JimofPennsylvan]

It is really surprising that Speaker of the House Paul Ryan is not requiring a CBO cost estimate report on the actual Republican Tax Bill that has come out of the Conference committee and the Republican leadership intends to enact into law and will dramatically change the tax code which America has lived with for the last twenty-five plus years! Speaker Ryan is supposed to be this principled guy, a champion for American Democracy and he is not doing this fundamental task that America's law making process calls for. This is really an important issue the American people deserve to know from America's premier authority on such issues what will be the overall cost to extend all these lower individual tax rates in this bill when they expire at the end of 2025. Will the price tag be affordable or are Americans like Senator Joe Manchin correct that this Republican bill is just a tax cut bill it is not a tax reform bill the individual tax reductions won't be maintained after 2025 because they're unaffordable the Republicans lowering of individual tax rates is just a way for the Republicans to permanently lower the U.S business tax rates, it is cherry syrup in the sore throat medicine that the Republicans intend to pour down the American people's throat!

 

[Billy_Kinetta]

The CBO is often full of political shit, their claim of non-partisanship notwithstanding.

 

[blastoff]

When the CBO figures out the difference between static and dynamic forecasting, I'll be happy to pay attention to whatever they're working on.

 

[Silent Warrior]

"Our tax system still siphons out of the private economy too large a share of personal and business purchasing power and reduces the incentive for risk, investment and effort--thereby aborting our recoveries and stifling our national growth rate." JFK