Tag Archives: CBO

Two Suggested Additions to the Proposed Balanced Budget Amendment

by Sam Wice — Wednesday, Apr. 11, 2018@Wice_sam

The House of Representatives plans to vote this Thursday on a constitutional amendment to require a balanced budget. To ensure that a future Congress does not use budgetary gimmicks to avoid balancing the budget, I suggest including two additional provisions: (i) prevent the shifting of costs into future fiscal years and (ii) enshrine the independence of […]

A Closer Look at the 28-Hour Waiting Period for CBO Estimates

by Sam Wice — Tuesday, Oct. 10, 2017@Wice_sam

The Congressional Budget Office (CBO) has played a prominent role in the recent debate regarding Obamacare repeal and replace proposals. Many Republicans likely hoped that they could have voted on the proposals without first having CBO’s estimates bolster opposition to the proposals. After this failure to repeal and replace Obamacare, Senate Republicans plan to include in […]

The CBO-CBA Analogy, or What Wonks Could Learn from Each Other

by Jennifer Nou — Sunday, Mar. 19, 2017@Jennifer_Nou

The Congressional Budget Office (CBO) recently released its long-awaited report on the likely budgetary effects of the American Health Care Act. The legislative counterpart to the White House’s Office of Management and Budget, CBO estimates how federal spending and revenues would change as a result of proposed legislative bills. The resulting Republican talking points were […]