Ex-CBO Staffer’s Warnings About Foreclosures Ignored

By: Friday March 16, 2012 8:19 am

Dr. Lan Pham, a former senior staffer financial economist for the Congressional Budget Office, was fired from the organization for her attempts to quantify the economic implications of foreclosures and foreclosure fraud. The CBO rejected her analysis and even dismissed the notion that foreclosures cause a negative hit to the economy. The letter, from February [...]

Elmendorf Does Simple Math for Catfood Commission II

By: Tuesday September 13, 2011 1:39 pm

CBO Director Doug Elmendorf had an interesting hearing in front of the Super Committee. Throwing a cold dose of reality on the proceedings, Elmendorf, who in his role is almost by definition concerned with long-term budget deficits, calmly explained that the Obama jobs framework is precisely what you would do if you were looking to [...]

CBO: Stimulus Now

By: Thursday July 1, 2010 8:15 am

The CBO definitely put their thumb on the scale with their long-term budget analysis yesterday. They admitted that, under current law, there would be very little long-term budget problems, but under an invented “alternative” scenario, where Congress spends more and taxes less, we’d have trouble. Some of those alternatives were accurate (the Congress will never [...]

Franken Admits That CBO Chief Elmendorf Personally Put The Kibosh On The Higher Medical Loss Ratio

By: Sunday December 20, 2009 8:44 pm

I was gone most of the day, but had the time to sit in on a conference call with Senators Tom Carper, Ben Cardin and Al Franken, talking about consumer protections in the health care bill. I find it interesting to see Franken deployed so strongly today. Other people like Joe Biden were expected to [...]

Democrats Express Frustrations With CBO’s Scoring Methods

By: Tuesday November 17, 2009 8:36 am

Sheryl Gay Stolberg produces a profile of Doug Elmendorf, the head of the Congressional Budget Office, whose numbers on the health care bill are expected as soon as today. In the article, Chris Dodd says publicly something that has become nettlesome for Democrats, not only in the health care debate but more broadly: Democrats, who [...]

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