
A Few Avenues for Fixing Broken Federal Budgeting
Cato Podcast
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The Consequences of Not Including Interest Costs in CBO Cost Estimates
Rep. Michael Cloud of Texas has proposed, including interest costs in CBO cost estimates of legislation. "It's weird that CBO isn't already accounting for the costs of spending and the debt service," he says. It is because Congress isn't asking CBO to do so, CNN's John Avlon adds.
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