Political Quotes

William Orton: “CBO has it wrong, but under the gentleman's proposal CBO would have it even more wrong and we would have even higher…”

On the recordJuly 10, 1996
CBO has it wrong, but under the gentleman's proposal CBO would have it even more wrong and we would have even higher deficits.
Said by
William Orton
Democratic · Utah

Editor's note · Context

Discussing the implications of a proposal on budget deficits.

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More from William Orton

Mar 28, 1996

Just in response to my friend who just mentioned that it was the President who asked for this, yes, the President asked for line-item veto. The President did not ask for line-item veto to be until after the new year of 1997. It was offered…

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Jul 12, 1995

We did not get any money to build a road to a ski resort in Utah as they did in Pennsylvania.

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What this chart shows is that in each year, the CBO has underestimated deficits up until 1993, which they overestimated the deficit. About half, look at 1990, they underestimated the deficit by $119 billion. Half of that was revenue.

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Apr 17, 1996

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