The director of Superior Budget applauds the critics of the Republican party with a statement of 4 words

The director of Superior Budget applauds the critics of the Republican party with a statement of 4 words

Washington – The director of the Congress Budget Office delayed Republican criticisms in a rare interview on Monday.

Republicans have affirmed that the CBO is wrong and that their cost estimates of the Republican Party Tax and expenses are biased in favor of the Democrats because the budget office is directed by Democrats. That is not.

“I am Republican”, the director of the CBO, Phillip Swagel He said in CNBC. “This is a non -partisan organization, and we work for the entire Congress.”

It is unusual for a director of the CBO to leave and defend its agency against critics, but the Budget Office has been the subject of an unusual amount of criticism of bad faith about its analysis of the so -called Great Project of Republicans.

Simply doing its work, the CBO has indicated that the tax cuts in the bill are much larger than the expense cuts, which means that the legislation would expand the federal budgetary deficits and would be added to the national debt.

That is shameful for Republicans, since they are designed as fiscal responsibility champions and debt enemies, so they have been relentlessly attacking the messenger.

“Historically they are totally unreliable,” said the president of the House of Representatives, Mike Johnson (R-LA). Earl this month. “It is directed by Democrats. Eighty -four percent of numerical crispies are donors of the great Democrats. They do not have our best interests in mind, and have always been outside.”

The White House Press Secretary, Karoline Leavitt, also said this month that CBO employees are democratic donors, while President Donald Trump said the office is Controlled by Democrats.

It is not clear where Johnson occurred to his 84%figure. TO Washington Post analysis Federal campaign spending data showed that only 16 people who had worked for the CBO have made political donations since 2015, all of the Democrats. However, the agency has more than 270 employees, and Swagel, who was appointed for his bipartisan position, once donated $ 1,000 to a republican candidate for governor.

Phillip Swagel, director of the Congress Budget Office, during an interview at Washington, DC, on May 8, 2024.
Phillip Swagel, director of the Congress Budget Office, during an interview at Washington, DC, on May 8, 2024.

Stefani Reynolds/Bloomberg through Getty Images

The main arguments of the Republicans against the credibility of the CBO have been that it does not take into account how the economic growth resulting from the tax cuts will increase tax revenues, compensating for the loss of income of the cuts and that the CBO underestimated the income after the republican tax cuts in 2017.

Swagel pointed out on Monday that its income forecast was correct for 2018 and 2019, and that the Ponetia of Coronavirus 2020 caused a higher government expenditure and inflation.

“There is very high inflation as of March 2021, and that also inflated income,” Swagel said. He also pointed out the highest income of immigration and capital gains resulting from the efforts of the Federal Reserve to boost asset prices.

He suggested that it was strange to fail CBO for not providing global cataclysmic events as part of its cost estimate for a tax invoice. “There are things that the CBO certainly did not predicate,” he said.

As for economic feedback on tax cuts, Swagel said this week that the CBO will publish a so -called dynamic score, an estimate of costs that explains how the macroeconomic effects of the bill could judge income, although it will probably still disappoint the Republicans. Even the conservative tax foundation has found that a dynamic score does not erase the giant gap between the expense and the income provided by the project of the Republicans.

The CBO has discovered that the One Big Beautiful Bill Ley, which uses $ 1 billion in Medicaid and food aid cuts to partially finance almost $ 4 billion in tax cuts, He would add $ 2.4 billion to the deficit for a decade and that tax and expenses cuts would favor homes with higher income.

Swagel first defended the flood of republican criticisms earlier this month in a Interview with the Wall Street Journal. “The attacks come from so many directions and the type of deceitful conversation points have been collected so widely,” he said.

A handful of Republicans, including former White House advisor, Elon Musk, have criticized his colleagues for supporting the legislation that would make the government’s tax situation worse.

Representative Thomas Massie (R-Ky.), Who voted against the version of the One Big Beautiful Bill camera last month, told News themezone that he challenged his colleagues to eliminate Swagel from his position if they thought it was so bad.

“We can go there today and pass a resolution and eliminate it from your post,” Massie said. “If everyone is upset and they think he has made a great mathematical error, he is obviously at the wrong work, let’s get it.”

Republicans have not been any effort to eliminate Swagel.

In February, before the Republican legislation had taken form, Johnson had announced the long -term analysis of the CBO of the country’s fiscal situation, in which the office reported that the annual deficits would reach $ 2.6 billion if Congress did not take measures.

“At a time of high deficits, high inflation and a national debt that is triggered, the new economic projections of the non -partisan Congress Budget office confirm the hard truths about the imminent fiscal challenges facing our nation,” said Johnson at that time.

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