“Republican Stalwart” Chosen to Lead CBO

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The current director of the Congressional Budget Office, Doug Elmendorf, is pretty widely respected on both left and right, and even a lot of Republicans were hoping he’d be reappointed to a new term by the incoming Congress. But despite his sterling credentials, Elmendorf is insufficiently dedicated to the conservative idée fixe of dynamic scoring, which insists that tax cuts will supercharge the economy and thus cost much less than you’d think. So today the CBO got a new director:

GOP dismisses CBO director, picks Republican stalwart as chief scorekeeper

Republicans Friday announced they will not keep current chief congressional scorekeeper Douglas Elmendorf and will replace him with Keith Hall, an economist with a long record of service in Washington and deep ties to Republicans.

….The CBO celebrated its 40th anniversary earlier this week, where past directors from both parties praised Mr. Elmendorf for his even-handed approach to the job. But Republicans had wanted to push the CBO to go further in the way it evaluates tax cuts by using so-called “dynamic scoring” to take into account the potential economic benefit feedback loop that could stem from Americans paying less to the federal government after a tax cut.

I’m not sure Hall has taken a public stand on the virtues of dynamic scoring, but it’s probably safe to assume that he’s more sympathetic to it than Elmendorf was. Should make for a fun few years.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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