we are having a really exciting discussion with my buddy of how CBO actually does scoring on things. I was trying to explain that some of the things we consider absurd are actually our fault because it is the law that we have passed to tell CBO how to do the scoring. Mr. Speaker, I want to make an apology to everyone because this one will go a little longer than normal. Yes, I know. Everyone can grab a cup of coffee or something. Hopefully, the Sergeant at Arms--we are apparently not allowed to drink coffee on the floor. Whatever happens, don't get caught, right? Mr. Speaker, I am going to try three things tonight. I will upset a number of folks. I am sorry. My math will be accurate because we have spent the last couple of days double-checking it. I am going to try to do something a little insane. I am going to walk folks through the Social Security actuary report. We are just going to do some of the most basic parts of it so folks understand what the reality is. Number two, I am going to walk through actually something that really bothers me because I have a number of politicians on the left and the right who spend day and night making up math. Mr. Speaker, can you believe that? They attack the CBO. They attack the Joint Committee on Taxation, this and that. I am going to walk us through parts of the accuracy and what we call the variance report done by the Congressional Budget Office and try to demonstrate--yes, there are mistakes.…
David Schweikert: “we are having a really exciting discussion with my buddy of how CBO actually does scoring on things. I was trying to…”
Editor's note · Context
Discussing the scoring methods of the Congressional Budget Office and addressing misconceptions about its accuracy.
Share
More from David Schweikert
to my appropriator friend, this is the game that we play, and this is where we talk past each other. Can I give an actual example? Clean coal technology, appropriated August 18, 2015; unobligated balance, $2 million. In the scale we deal…
Yeah. Your life is hell. I do Joint Economic Committee and Ways and Means. That is actually one of the elegance the Founding Fathers gave us is, we eventually end up where we are good. In some ways, I always loved the yin and yang thing…
As of today, for the last 12 months, so more than just within the fiscal year, the last 12 months--so I pick up the tax cycle, and I pick up everything else--we are borrowing about $87,000 a second, every second of every day. Yet, I will…





