Our friend Charley on the MTA got a little giddy this morning over the supposed CBO Score of the reconciliation package. There’s a little problem though. After prodding, the CBO is now saying the following.
Although CBO completed a preliminary review of legislative language prior to its
release, the agency has not thoroughly examined the reconciliation proposal to verify its
consistency with the previous draft. This estimate is therefore preliminary, pending a
review of the language of the reconciliation proposal, as well as further review and
refinement of the budgetary projections.
So basically the CBO is saying well you asked us to come up with numbers, so here are some, but hey they don’t really mean anything. Nancy Pelosi and her team used this report before releasing it to paint a false rosy picture of this bill. Charley, Nancy Pelosi just pwned you.