Lawmakers on Dynamic Scoring: A “Holy Grail” for Voodoo Tax Cut Economics
Number crunchers on Capitol Hill have taken a new approach to scoring legislation—one that’s likely being abused to justify more tax cuts, Democrats charged on Tuesday during a contentious hearing. The back-and-forth over how to properly estimate the cost of proposed laws occurred within the irregularly-assembled bicameral Joint Economic Committee, where Ranking Member Carolyn Maloney (D-N.Y.) accused Republicans of using “smoke and mirrors to institutionalize ideology.” “The dynamic scoring rule serves only one purpose, it helps Republicans reach their Holy Grail, rigging the rules so… Keep Reading