By Dan Calabrese ——Bio and Archives--December 29, 2014
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A major shortcoming in current budget rules is that they assume that legislation has little or no impact on the real economy. For 19 years CBO and Joint Tax have been developing models to measure economic effects. And since 2003 Joint Tax has done a separate economic analysis of tax legislation. But none of this has been used as part of the official tax and spending budget score.
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