John Ensign: “A big deal has been made of which economists we can trust. I ask my friend from California, when Joint Tax scored this…”

“A big deal has been made of which economists we can trust. I ask my friend from California, when Joint Tax scored this last time, not only were they wrong on revenue estimates, but they estimated that about $100 billion or so would come back to the United States. The outside economists estimated between $300 billion and $400 billion would come back to the United States. According to CRS this time, according to the study the chairman of the Finance Committee quoted, $360 billion came back and $312 billion was used according to the measures we put in the bill. Was she aware that the Joint Tax Committee was that far off on their estimates, not only on revenues produced but on how much money could come back?”