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December 1, 2014

JOHN FUND ON THE NEW CBO HEAD: The Voters Spoke: Now Listen. “Right now, there is a fierce behind-the-scenes battle over who will head the Congressional Budget Office, an influential agency of 200 analysts that provides estimates on the cost and societal impact of legislation. . . . Since January 2009, the CBO has been headed by Doug Elmendorf, who served on President Clinton’s Council of Economic Advisers and in Clinton’s Treasury Department. He was appointed by Democrats at a time when they controlled both houses of Congress and is generally well respected by his fellow academic economists.”

CBO did a terrible job with ObamaCare. Someone should pay a price for that.