CBO Gives Update on Scoring For Democrats’ Budget BillEpoch Times, United States politics | The Epoch Times

The Congressional Budget Office (CBO) released a statement on Tuesday detailing its progress on scoring Democrats’ controversial $1.75 trillion budget bill. The CBO was created in the mid-1970s as part of a larger effort by Congress to take back its budgetary power following the revelations of the Watergate scandal. Its main role since its creation has been to give so-called “scores” to legislation, detailing the actual effects a bill will have on federal spending and revenues compared to its intended financial effects. These scores are nonpartisan, and the CBO does not give recommendations to Congress to pass or not pass proposed legislation. The CBO has not yet given scores on the Democrats’ reconciliation budget bill. Moderates, who have emphasized the importance of financial responsibility when crafting the budget, refused to vote for the legislation before these scores were released. In a Tuesday letter to Speaker of the House Nancy Pelosi …Read More

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