Dynamic Scoring
Latest
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New Estimates Confirm Economic Growth Won’t Pay for Tax Cuts
The latest estimates from third-party modelers confirm what we’ve said several times before: economic growth will not pay for tax cut extensions. New...
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$3 Trillion of Dynamic Feedback is Fantasy Math
According to a recent press report, the House may try to claim $3 trillion of deficit reduction as a result of “assumed economic growth from tax cuts”...
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Putting Numbers to TCJA Dynamic Feedback Estimates
As we have pointed out before, extending the various individual and estate tax provisions of the Tax Cuts and Jobs Act (TCJA) beyond their scheduled...
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TCJA Extension Might Not Pay for Any of Itself
New data from the Congressional Budget Office (CBO) finds that economic feedback may not cover any of the revenue loss and that TCJA extension might...
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Tax Cut Extension Would Only Pay for 1% to 14% of Itself
Several major elements of the 2017 Tax Cuts and Jobs Act (TCJA) are scheduled to expire at the end of 2025. While the estimated cost of extending...
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New Build Back Better Framework Relies Too Heavily on Gimmicks
For Immediate Release Today, the White House released an updated framework for its Build Back Better plan. The framework proposes $1.85 trillion of...
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Reconciliation Unlikely to Produce $600 Billion in Dynamic Revenue
Policymakers are claiming their $3.5 trillion reconciliation package will be fully paid for by counting on $600 billion of dynamic feedback on top of...
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CBO Report Shows Infrastructure is More Pro-Growth When It's Paid For
The Congressional Budget Office (CBO) released a report today detailing the macroeconomic effects of two illustrative, $500 billion infrastructure...
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Budget Changes in Proposed House Rules
House Democrats are proposing a package of rules to govern the House of Representatives in the 116th Congress. The package contains many changes from...
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It Would Take Nearly Unprecedented Economic Growth to Balance the Budget
Increased economic growth has often been cited as a solution to our fiscal problems or as a way to offset deficit-increasing legislation. However...
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Our Top 10 Charts of 2017
The year 2017 was a busy time for budget policy as lawmakers considered major legislation dealing with health care and taxes following the...
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Official Dynamic Score Shows Senate Tax Bill Will Still Cost Over $1 Trillion
The Joint Committee on Taxation (JCT) has released its official dynamic score of the Senate tax plan as passed by the Senate Finance Committee...