[sickoflibs]

This became obvious to me last year, The CBO always bases it's calculations on incorrect and usually dishonest assumptions manufactured by those in Washington to sell something good for them. It's work is politically useful, practically useless.

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.

[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.

[SunkenCiv]

Thanks sickoflibs. It'll be gone, as soon as Zero and his thugs get rid of Congress.

• High Treason: Obama and Pentagon Declare Congress Invalid 2012