[stephenjohnbanker]

“It is always used to justify something with years out predictions, so politicians can cut taxes while increasing spending NOW to get re-elected while claiming it will all be pay for itself 2 to 5 congresses in the future, based on CBO estimates. Other times they overestimate tax increases revenues and always underestimate program costs.” Standard Operating Proceedure.

[ding_dong_daddy_from_dumas]

Do you remember when the CBO initially came out with unfavorable numbers for Obamacare, and Obama was so angry about it? Hannity seized upon that temporary report, and kept repeating, “The CBO is the Gold Standard.”

And I thought, “You idiot! What are you going to say when they swallow Obama’s phony numbers later?”

[stephenjohnbanker]

Hannity I quit listening to 10 years ago. CBO is “Gold standard” ?

This is why : )