The CBO is a reactionary socialist institution which does not believe in economic growth, does not believe in innovation and does not believe in data that it has not internally generated.
— Newt Gingrich, offering some tough words for the Congressional Budget Office, CNN reports.
Former CBO director Douglas Holtz-Eakin, a Republican, called the allegation “ludicrous.” Said Holtz-Eakin: “I think if you parse that phrase carefully, he got one out of three right. I do agree it is an institution. If you’re playing baseball, that’s a decent batting average.”
Connect:
