They want to adopt a
method called "dynamic scoring," popular among wingnuts since the
1970s, which scores budgets under the controversial assumption that tax
cuts generate economic growth and make up for lost revenue - something
critics have likened to "fairy dust." The nonpartisan Congressional
Budget Office, the official scorekeeper, does not use the method, but repugicans want it to.
House Budget Committee Chair Paul Ryan (r-WI), who expects to chair the tax-writing Ways & Means Committee next year, floated the idea of requiring CBO to use dynamic scoring at a Financial Services Roundtable speech on Sept. 18. Likely next Majority Leader if repugicans can steal the Senate, Mitch McConnell (r-KY) championed the method in a 2013 interview with the National Review. Outside proponents of supply-side economics, such as the Wall Street Journal editorial board, also like the idea.
House Budget Committee Chair Paul Ryan (r-WI), who expects to chair the tax-writing Ways & Means Committee next year, floated the idea of requiring CBO to use dynamic scoring at a Financial Services Roundtable speech on Sept. 18. Likely next Majority Leader if repugicans can steal the Senate, Mitch McConnell (r-KY) championed the method in a 2013 interview with the National Review. Outside proponents of supply-side economics, such as the Wall Street Journal editorial board, also like the idea.
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