Political Quotes

“Madam Speaker, I include in the Record letters and statements of support from various organizations and individuals as part of H.R. 9716. These include the Economic Policy Innovation Center and National Taxpayers Union Foundation. Economic Policy Innovation Center, December 10, 2024. Hon. Jodey Arrington, Chairman, Committee on the Budget, House of Representatives, Washington, DC. Hon. Brendan Boyle, Ranking Member, Committee on the Budget, House of Representatives, Washington, DC. Chairman Arrington and Ranking Member Boyle: The Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) serve Congress by providing non-partisan analysis. To accomplish this mission, it is essential that Congress and the public have faith in the methodology by which the CBO and the JCT produce their estimates and reports. An important way to improve trust in the Congressional scorekeepers is by increasing transparency through more frequent updates to the baseline and regular releases of economic data. H.R. 9716, the Increasing Baseline Updates Act, introduced by Congressman Blake Moore (R-UT-01) would improve the CBO's ability to access data from the Executive Branch. It would also ensure Congress has updated information to use when legislating. The bill requires the CBO to submit to Congress at least two updates to the budget and economic baseline each year.…”