January 7, 2015 11:24 AM
By Richard Phillips, Research Analyst at CTJ | Permalink |
The new budgetary mantra of the House GOP appears to be: if you can't make the math add up, change the rules of math.
On Tuesday the House did exactly that with its passage of a new rule requiring the non-partisan Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) to use "dynamic scoring" rather than static scores for official cost estimates on proposed tax changes. Dynamic scoring is a controversial method of assessing the effect of tax cuts. It allows lawmakers to claim that a tax reform proposal is revenue neutral, even if it would lose revenue under a conventional score.
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