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Not sure about their efficiency, but the CBO is normally way off on their estimates for what various programs are going to cost. Unlike in a lot of life, being
by crusso 13y ago
Not sure about their efficiency, but the CBO is normally way off on their estimates for what various programs are going to cost.
Unlike in a lot of life, being wrong in the government has little or no impact upon your ongoing viability.
- predius 13y agoA lot of this isn't actually the CBO's fault... because they're totally non-political, or need to appear to be, they score things according to the letter of the law. The thing is, the letter of the law is never followed, as whenever the painful (cost reduction) parts start to apply, Congress votes to nullify the pain, which makes them more expensive. See the 'doc fix'.
- crusso 13y agoI'm not that interested in fault. I'm interested in its reliability as a source of information. I'm interested in the trust that their information is given when they're wrong so often - for whatever political or non-political reason. CBO numbers are used as a shield by politicians to push their agendas. I wish that they didn't have that shield because voters were more aware of its inaccuracy.
- jeffdavis 13y agoThe CBO scores based on the information given to them. It's a "garbage in, garbage out" problem.