Dynamic Scoring: Now What?
Past Event
Dynamic Scoring: Now What?
A pending rule change in the House of Representatives will require the Joint Committee on Taxation and the Congressional Budget Office to incorporate macroeconomic effects into official price-tags on certain pieces of major legislation. This remains controversial. It’s also hard to do well. The Urban-Brookings Tax Policy Center and the Hutchins Center on Fiscal and Monetary Policy at Brookings take a close look at how dynamic scoring is done, the models that JCT and CBO use for macroeconomic analysis of tax bills and other major legislation (immigration, Affordable Care Act, infrastructure), and how to communicate this analysis accurately.
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Event Materials
Background research |
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Presentations | “Macroeconomic Analysis at the Joint Committee on Taxation and the Mechanics of Its Implementation” » |
Agenda
What is Dynamic Scoring?
Doug Holtz-Eakin
Senior Policy Advisor, John McCain 2008
Leonard Burman
Director - Urban-Brookings Tax Policy Center
Macro Analysis at JCT and the Mechanics of Its Implementation
Nicholas Bull
Senior Economist - Joint Committee on Taxation
Pamela Moomau
Senior Economist - Joint Committee on Taxation
Camp Tax Reform Plan Panel Discussion
William G. Gale
The Arjay and Frances Fearing Miller Chair in Federal Economic Policy
Senior Fellow - Economic Studies
Director - Retirement Security Project
Co-Director - Urban-Brookings Tax Policy Center
Jane Gravelle
Senior Specialist, Economic Policy - Congressional Research Service
Dynamic Scoring for Non-Tax Bills
Jared Bernstein
Member, Council of Economic Advisers - The White House
Former Senior Fellow - Center on Budget and Policy Priorities
Steve McMillin
Partner - US Policy Metrics
Welcome
David Wessel
Director - The Hutchins Center on Fiscal and Monetary Policy
Senior Fellow - Economic Studies
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