Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Dulcinea

(8,490 posts)
Tue Jun 3, 2025, 08:19 AM Tuesday

GOP beats down key budget office over tax plan projections

(The Hill) Republicans are using Congress’s official budget scorer as a whipping boy, as they argue a major package of President Trump’s tax priorities is costless, despite multiple projections placing the plan’s price tag at trillions of dollars over the next decade.

While the Congressional Budget Office (CBO) has not yet released its final estimate of House Republicans’ “One Big Beautiful Bill Act” as it advances on Capitol Hill, Republicans have increased attacks on the nonpartisan office over its cost projections of the party’s tax cuts plan — which seeks to permanently lock in expiring provisions in Trump’s 2017 tax plan, along with a host of other add-ons.

“The CBO sometimes gets projections correct, but they’re always off every single time when they project economic growth,” Speaker Mike Johnson (R-La.) argued during an appearance on NBC’s “Meet The Press” on Sunday, asserting the bill “is going to reduce the deficit.”

https://www.yahoo.com/news/gop-beats-down-key-budget-221442724.html

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
GOP beats down key budget office over tax plan projections (Original Post) Dulcinea Tuesday OP
Can't find it but in 2017 Mitch didn't wait for the CBO score underpants Tuesday #1

underpants

(190,981 posts)
1. Can't find it but in 2017 Mitch didn't wait for the CBO score
Tue Jun 3, 2025, 11:06 AM
Tuesday

The Senate voted to have a vote without the CBO score because they knew it would be bad.

I did find this.
How the 2017 Tax Act Has Affected CBO’s GDP and Budget Projections Since January 2017

https://www.cbo.gov/publication/54994

Latest Discussions»Editorials & Other Articles»GOP beats down key budget...