Perhaps the Most Important Issue for the New Congress to Get Right
My column this week at EveryJoe argues the need for reform at CBO and JCT. It may seem like inside baseball type stuff, but it is critically important if we ever want to be able to shrink government.
Imagine you were participating for years in a high stakes contest that was consistently rigged in favor of your opponent. Specifically, the contest hinges heavily on the verdict of third-party judges that claim neutrality, but in fact choose to interpret the rules in a way that tilts the field in favor of the opposition.
Now, image you have the opportunity to replace those judges with new ones, as well as to make their deliberations more transparent and accountable. Would you take advantage and replace the judges, even if the opposition cried foul? The answer to this question may seem obvious, but for Congressional Republicans it’s not just a hypothetical, and they are pondering once again making the stupid choice to accept the status quo.
The organizations represented by the biased judges in this scenario are the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT), which score policy proposals and predict the impact of legislation on the economy. They’ve typically held tremendous power over what does and does not make it into law, and for years have been actively hostile to the limited government agenda.
With current CBO Director Douglas Elmendorf’s term about to expire, Republicans not only have the power to name a better replacement, but also the opportunity to make some much needed rule changes that will ensure a fairer, more accurate, and more accountable legislative scoring system.
You can read the rest here.
Since I wrote the piece, news has leaked that Republicans intend to replace Elmendorf. This is good news, but it’s only a start. As the article explains, much more needs to be changed than just the man at the top. This Washington Examiner editorial also makes the case for moving toward accurate scoring.