CBO Scoring

Just a quick note on the Federal Congressional Budget Office (CBO) and their scoring process – OK, quick for me.

As designed, the CBO was set up to be a non-partisan federal agency inside the federal legislature that among other things would score, or project, the future efficiency of a bill before debating and voting on a bill. This organization has worked well in the past, but has been little noticed up until the beginning of the Obama Administration. Suddenly, the CBO has become big news over and over as we try and determine just how much damage the actions taken by the country’s Democrat leadership will actually do to our country.

Now, before making the next two points, it is important to remember that this organization was established with the best of intentions. It would be good to believe that it was awesome forethought and a desire for true public introspection by the federal legislature to create an organization such as the CBO; however, without truthfulness in reporting by the legislature, the CBO can only do so much. So with that said, let’s look at the two things that need to be pointed out.

First thing is that the CBO looks at budget, tax, and revenue figures for proposed legislature and makes projections only as far out as the next ten years. This is significant when looking at the proposed federal healthcare bill and the seemingly positive scoring that the CBO has given it. While the projections for the next ten years are positive, many on the CBO have publically estimated that the projections become gravely worse in the second decade of this healthcare bill. We won’t even discuss beyond that.

Second thing to remember is that the CBO scores bills via the vacuum of variables contained within the bill for scoring. A simple (and yes cheesy) example of this would be id a bill were presented with an explanation of funding that would show how the bill should be funded by a leprechaun with a pot of gold behind the rainbow. Yes that is simplistic, and fantasy-laden, but it explains how the CBO Scores within a vacuum. This is how the CBO can score the healthcare bill positively when the same healthcare bill states that much of the funding comes from money saved from Medicare cuts and that those cuts will be spent twice later in the healthcare plan.

Opposing the CBO’s official report in the case of the current healthcare bill, some members of the CBO privately leaked to the press that they believe the healthcare bill will not reduce the deficit as reported, but instead will drive even deeper the hole created for our grandchildren. This private acknowledgement is based on the fact that the healthcare bill provides flawed figures (the variables) used to show how the bill will be funded and not factual evidence.

Basically, when created in 1974, the CBO was a needed agency for use by the federal legislature; however, in today’s world of information manipulation and tragically partisan politics, the CBO’s use is not directed as it was intended and is not utilized to the benefit of America as it should be.

Did anyone see my calculator?
Bill