White House Math on Tax Bill Is Pure Imagination: Robert Burgess

Every researcher knows that the quality of one’s work depends on the quality of the inputs. Start with bad data or assumptions and the result is meaningless. Take the White House’s analysis of the “One Big Beautiful Bill Act” winding its way through Congress; it’s pure “GIGO” — garbage in, garbage out.

The nonpartisan Congressional Budget Office’s estimates say the bill would add $2.42 trillion to US budget deficits over the next decade. Not only that, but CBO projects that debt-to-gross domestic product will reach 117% in 2034 under current law, up from about 97% recently. Not so, says the White House. ...