Cornyn Asks for CBO Score of Build Back Better without Gimmicks

POLITICS & POLICY
Senator John Cornyn (R., Texas) speaks during the second day of the U.S. Supreme Court nominee Judge Amy Coney Barrett’s confirmation hearing before on Capitol Hill in Washington, D.C., October 13, 2020. (Erin Schaff/Reuters)

Senator John Cornyn today asked the Congressional Budget Office and the Joint Committee on Taxation to provide a score of Democrats’ Build Back Better legislation with all provisions made permanent. In a letter to the CBO director and the chief of staff of the JCT, the Texas Republican writes, “I am concerned that the CBO score of H.R. 5376 is artificially low because of a number of timing gimmicks. Specifically, the legislation includes a number of arbitrary sunsets and expirations of several expensive programs, which disguise the true cost of making these policies permanent.”

He doesn’t accuse the CBO or JCT of being biased; on the contrary, he thanks them for their nonpartisan analysis. He’s right to do so. The CBO and JCT make mistakes, but they are not systematically biased against one party. Democrats complained mightily about Republicans using arbitrary sunsets and expirations in the Tax Cuts and Jobs Act in 2017. Both parties know the rules of budget scoring and use them to their advantage when writing legislation.

The CBO and JCT work for Congress. It’s entirely reasonable for members of Congress to ask them for specific reports. One user of their services has been Bernie Sanders, who has requested CBO reports on issues such as prescription drug prices and tax avoidance by the wealthy. It’s good to have an independent, nonpartisan research body that members of Congress can go to for answers to specific questions.

Cornyn’s question is solid. The CBO estimated that Build Back Better would increase the deficit by $160 billion over ten years, but that estimate was based on taking Democrats’ claims about temporary programs at face value. That was the proper thing to do based on Congress’s budget-scoring rules, but it doesn’t give an accurate picture of the cost of the legislation. Democrats do not actually intend for the programs to expire. If given the chance down the road, they will certainly extend them.

The Committee for a Responsible Federal Budget estimated that with all programs made permanent, the cost of Build Back Better would roughly double, from $2.4 trillion to $4.9 trillion. The committee also found that the extensions of supposedly temporary programs would make the legislation more costly each year from 2027 through 2031.

The CBO would find something similar. Cornyn knows that, which is why he’s asking for the new report, so it’s all a bit of a political charade. It would nonetheless be beneficial to have an estimate from the CBO of Build Back Better with everything made permanent. The CBO is Congress’s only official scorekeeper, and there should be an official score of Build Back Better that treats the legislation as Democrats actually intend to implement it.

Articles You May Like

Ex-attorney for Daniels, McDougal says clients wanted to revive careers — and he never saw Trump’s signature on agreement
Giant screen erected at UCLA confronts student radicals nonstop with grisly footage of Hamas’ Oct. 7 atrocities
Greg Gutfeld Expertly Mocks NYC Trump Trial: ‘A City That Can’t Keep Violent Felons in Jail Wants to Lock up a President for Talking’ (VIDEO)
Hostin: You Can’t Send Police to Bust Camps, Kids Had ‘Fire Drills!’
Liberal viewers pounce on MSNBC host after Nancy Pelosi furiously accuses her of defending Trump on-air

Leave a Comment - No Links Allowed:

Your email address will not be published. Required fields are marked *