I appreciate my new friend for yielding. And going back to a comment from good Dr. Gingrey from Georgia about the $862 billion stimulus package, because I know he recalls and others recall that CBO told us that it was a $787 billion stimulus package. And lo and behold, we get here a year later, and they say, Oh, you know what? We blew it by about 15 percent. We just blew it. Most statistical analysts say, you know, it's within the margin of error, 2 to 4 percent. Not with CBO here. You know, maybe we can blow it 25 percent, in this case, 15 percent or so. Whoops. In a year's time, we were $100 billion off the mark. Really, to be fair, $80 billion off the mark. But still, that points out just how irresponsible things have gotten. And when you look at the numbers, too, you find out that CBO really has been a bit of a willing ally, an accomplice, complicit in what's been going on. They told the country, okay, this ridiculous health care bill that's going to bankrupt the country, we're already finding, they're already starting to tell people we're going to have to ration your care. And, by the way, it's going to cost about $250 billion more than we thought it would. We just misplaced some numbers somehow, because if we had found them before the bill came for a vote, people had said they wouldn't vote for it if it was more than $1 trillion. Well, what difference does another $250 billion make when you're putting us in debt $1 trillion?
Louie Gohmert: “I appreciate my new friend for yielding. And going back to a comment from good Dr. Gingrey from Georgia about the $862…”
Editor's note · Context
Gohmert discusses the inaccuracies of the CBO's budget estimates and the implications for the stimulus and health care bills.
Share
More from Louie Gohmert
I am very grateful for the message from my friend from Arkansas, words of wisdom that are greatly appreciated. One of the things we took up this afternoon on a vote here--and if I recall correctly, there were two of us voting no--but I…
I appreciate my friend bringing that to our attention. That was a great tribute to a great man from a great man. I did attend and help things out at Gilley's on a number of occasions there in Pasadena--Pasadena, Texas, that is--not far…
This is the bill, 728 pages, that we got from the Senate this week. Has anybody read it? Come on. That is over a billion dollars average per page. That ain't gold; that is fool's gold. Look, more IRS agents, as Art Laffer said years ago…





