Also in this playlist...
This transcript is automatically generated
A lot of people in Washington talk about being -- -- politics but we may have found the one man and one agency that really are.
Here is our power player of the.
So like an umpire in a baseball game we're not rooting for either team.
We're simply trying to -- balls and strikes.
Douglas -- door -- as director of the Congressional Budget Office the stubbornly nonpartisan agency that tells congress.
The financial effects of policies it's considering.
The CBO score -- every bill passed by a committee as well as the president's budget what is scoring.
To say this piece of legislation would increase the federal deficit or reduce the federal deficit.
By a certain number of billions of topics so you're basically saying you you pass this -- and here's what it's gonna cost yes.
That may sound pretty dry but the CBO score could have big implications.
To begin this.
Discussion about the future of Health Care Reform in 1993 when -- -- was a CBO -- for.
They gave this analysis of the Clinton Health Care Reform.
That bill would cost more to the federal government and administration had estimated and that ended up.
Hurting the bill's prospects.
I think it did hurt the bill's prospects but does.
-- CDO man has it was before then as it is now is that we don't care about the political implications of what we do.
Case in point Obama care the CBO says it will reduce the deficit 130 billion dollars over ten years.
Critics say that assumes cuts in Medicare congress will never pass.
-- -- says that doesn't matter.
It's not our place to say to congress we don't believe you actually mean this piece of legislation.
-- our -- -- -- what happened with the legislation they give us we tried not to successfully view to get -- door to weigh in on current issues.
How do you feel about the fact that the senate house and passed the budget in three years.
I don't think if the roles he the other -- -- up procedures and congress the fact that there has not mini budget resolution that passed the congress of the hole and several years.
Is a symptom.
Of this underlying inability to agree on what the but -- a path should be.
What about tax -- gotten the trillions in spending cuts and tax hikes.
They kick in at the end of the year.
That situation would lead to a reception.
In this country again.
The first half of next year alma -- parents were computer programmer and a math teacher.
And he inherited their analytic approach to the world.
Is it true that when you're recording your wife that you invited her to a baseball game because you had calculated.
That if there was a lull in the conversation.
You could watch the -- -- I did think when I was beating.
That's baseball games were good opportunity because one could sit and talk with something else going on.
You have been called a geek with -- Scott's.
-- played I think CBO is a group of geeks would -- And what we do with CBO is to do our analysis and let the chips fall within.
-- endorse as the big decision Americans must make now is what to do about taxes and entitlements.
The longer we put out all -- as the further we traveled down the path.
Filter by section