Name: Episode 274: The CBO Predicts the Future
Uploaded: 2022-05-11T14:41:52+00:00
Duration: 30 min 11 s
Description: The Congressional Budget Office is the government entity that produces forecasts about the effects of new taxes and spending on the economy and the federal budget. Four years ago, we did an episode in

3 years ago

117

The Congressional Budget Office is the government entity that produces forecasts about the effects of new taxes and spending on the economy and the federal budget. Four years ago, we did an episode in which we showed that the CBO had a track record of under-estimating future spending and over-estimating future tax revenues. With four years behind us, we revisit the topic and ask whether the CBO has gotten any better and what it’s now forecasting for the future.

Get Your Copy of Cooperation and Coercion Now!

http://www.cooperationandcoercion.com

Show Your Support for Words & Numbers at Patreon

https://www.patreon.com/wordsandnumbers

Quick Hits and Foolishness of the Week

Quick hits and the foolishness of the week have gone on vacation for a few weeks. In their places, we’ll be talking about unintended consequences.

Topic of the Week

Historical CBO forecasts

https://www.cbo.gov/about/products/budget-economic-data#3

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/