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."
Saturday, March 20, 2010
CBO Scoring Convention Assumes GDP Unchanged By Health Care Reform And Other Laws
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