Jophiel wrote:
gbaji wrote:
Wow. So I'm not allowed to point out that the CBO score is based on 10 years of revenue to pay for 6 years of the program?
You can point out whatever you want. Pointing it out to someone who cares is another matter. Again, the CBO is the metric Congress, and most likely the commission, uses. If you want to cry about it, take it up with them.
It's one metric Joph. Scoring only measures the deficit effect of a bill. It does nothing to tell us if the money is well spent. If I put 1 Trillion dollars into a pit and light it on fire, CBO will score it as "paying for itself" as long as I raise taxes by 1 Trillion dollars to pay for it. Hopefully we can all agree that this is not the only measurement of whether a bill is a good idea fiscally.
They got that score by taking 500 Billion dollars out of Medicare, projecting revenues of another 500 Billion to cover the rest, and then amortizing 6 years of costs across 10 years of said revenues. CBO scoring doesn't tell us if something is a monumentally bad idea. It just tells us if the numbers add up over the time frame they are given. Garbage in, garbage out.