Politicians are notably fair-weathered when it comes to touting reports issued by the Congressional Budget Office. When the data fall in your favor, it's considered gospel. When the number crunchers aren't so kind, it's deemed fantasy.
But on Thursday Republican national Chairman Michael Steele took the routine to a new extreme, going so far as to dismiss the CBO's analysis of the deficit reducing impact of the health care bill a "lie."
Asked to responded to calculations that the bill would save $1.2 trillion in the out-years following the first decade after implementation, Steele replied told CNN's Rick Sanchez: "I got two words for you -- or three words. Three words... That's a lie."
It's not, of course. It is an estimate based on a formula and data. And while it surely won't be dead-on-accurate, it's a well-respected basis for considering legislation
Steele, at the very least, should know this. Back when he was delivering a tour-de-force takedown of the health care bill in late July, the RNC chair cited CBO data eight times in an effort to claim it was a deficit killer.
Just like CM!!
Answer by sweet-a-kins at 7:13 PM on Mar. 18, 2010
Answer by Anonymous at 7:13 PM on Mar. 18, 2010
It is an estimate Yeah, you might want to go look up the definition of estimate before you unleash all that righteous indignation.
You might want to go look up every other post about the CBO one here. If they are favorable estimates for the conservative side..they are ALL OVER it like WHITE ON RICE,,,,and if it says they opposite...they dont know WTH they are talking about.
Mr. Steele cited their ESTIMATES 8 TIMES to say how its a deficit killer blah blah..then said they lied ..so which is it? Based on THEIR data you say A B C is going to happen...but since it works out in the OTHER SIDES favor it isnt reliable now???
Answer by sweet-a-kins at 7:22 PM on Mar. 18, 2010
Answer by stacymomof2 at 7:22 PM on Mar. 18, 2010
Hah! Pretty standard politics. Everyone loves the CBO when it comes down on their side!
The CBO is like the weather man of politics!! lol
Answer by sweet-a-kins at 7:23 PM on Mar. 18, 2010
Answer by stacymomof2 at 7:24 PM on Mar. 18, 2010
Answer by yourspecialkid at 7:25 PM on Mar. 18, 2010
Politics aside, we cannot afford this.
We cannot afford to NOT do this
Answer by sweet-a-kins at 7:26 PM on Mar. 18, 2010
Answer by 29again at 7:32 PM on Mar. 18, 2010
This is how Democrats get their 10-year spending under $1 Trillion--they don’t start up their $940 billion plan until the 5th year, LONG after Obama is gone along with MANY of the Dems who voted for this crap! $17 billion out of our pocket for nothing! THEN the program starts and it costs $923 billion--which as you know is going to end up being a VERY CONSERVATIVE estimate!!!!
Answer by LoriKeet at 7:32 PM on Mar. 18, 2010