A handful of congressmen in the Freedom Caucus want to strip federal funding from one part of the Congressional Budget Office (CBO) and rely on outside think tanks to analyze budget legislation, the Washington Post reported.
Virginia Republican Rep. H. Morgan Griffith introduced an amendment to a spending bill Monday that would abolish the CBO’s Budget Analysis Division, reducing the CBO’s $48.5 million proposed budget by $15 million.
“When someone gives you bad advice again and again, why would you trust them to help you make big decisions?” Griffith said in a statement. “I believe Congress would be better served if CBO becomes an aggregator of predictions made by third-party public policy groups across the political spectrum, from left to center to right.”
CBO’s estimates are often wrong, Griffith claimed, saying, “Too often, predictions made by CBO turn out to be far off the mark. For example, it overestimated by millions the number of people who would enroll in the Obamacare exchanges.”
AAN Staff
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