Saturday, March 20, 2010

CBO Scoring Convention Assumes GDP Unchanged By Health Care Reform And Other Laws

When they [CBO] estimate the budget impact of a bill like this [Health Care and Education Affordability Reconciliation Act of 2010], they assume the path of GDP is unchanged....it is just one of the conventions of budget scoring.
From Greg Mankiw's Blog, "A Warning about CBO Scoring."

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