Late last week, according to White House staffers, there was internal debate about releasing a “dynamic scoring” report of the Bush stimulus package that showed a lower increase in tax revenue and economic growth than the White House had expected.
“The numbers were still good, better than anything static scoring would have indicated,” says a White House congressional liaison staffer. “But they weren’t on the high end of results. We saw an increased revenue stream, but not a huge jump.”
For decades Republicans have insisted on the use of dynamic scoring to project the economic effects of such measures as tax cuts, budget cuts, or tax increases. For example, dynamic scoring of a tax cut would indicate a greater return to government coffers because money in the pocket of a consumer would be spent, creating tax revenue, income to a business, which is taxed. On the opposite end, a tax increase would similarly dampen economic growth.
Dynamic scoring is not the primary means by which the government scores tax or revenue plans, although Republicans in the House have insisted that the Congressional Budget Office score tax plans with both static and dynamic scoring approaches.
When word began leaking out about the less than expected dynamic scoring for the Bush plan, Democrats on Capitol Hill made calls to friendly ears inside CBO, asking for another round of scoring that might give them ammunition against the Bush plan. According to one Democratic House leadership staffer, Rep. Henry Waxman considered ordering the White House to turn the dynamic scoring report over to Congress and to make it public: “Every little thing Waxman just jumps on it. He’s just rabid right now that nothing is sticking to the Bush people.”
Democrats won’t like the dynamic scoring results, whatever they may be, says the White House staffer. “The numbers are still better than anything the Democrats would want. It’s not going to give them anything to tout. It’s like the Lincoln photo op. The more they talk about it, the worse off they will be.”p> GETAWAY WEEKENDERS br> Iowa was the center of the political universe over the weekend, as seven of the nine Democratic presidential aspirants gathered there for the American Federation of State, County and Municipal Employees-sponsored forum. Less covered or publicized was the fundraiser by AFSCME’s political action committee, PEOPLE— “Public Employees Organizing to Promote Legislative Equality” — where the Democrats could get “up close and personal” with potential donors. /p>
Former Vermont Gov. Howie Dean, Sen. John Edwards, Rep. Dick Gephardt, Sen. Bob Graham, Rep. Dennis Kucinich, Amb. Carol Moseley Braun, and the Rev. Al Sharpton all took part in person. Sen. Joe Lieberman passed due to religious observance of the Sabbath, but sent a video tape of himself. Sen. John Kerry was making a commencement address (no, not at the Sorbonne) and was beamed in via satellite.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online