Friday July 14th at 9 a.m. Pacific daylight time on Politics: A Love Story, Bob Bushansky interviews Douglas Holtz-Eakin, former director of the Congressional Budget Office and current president of the American Action Forum policy institute, a conservative think tank. They discuss a study that Holtz-Eakin oversaw during his CBO tenure from 2003 to 2005 that concluded that tax cuts to stimulate the economy usually do not pay for themselves and actually lose the economy 50-70 cents for each dollar cut.
The main topic is, of course, the CBO: how it works, what it does and why it is important for the CBO to score (analyze the cost) of every bill that Congress proposes. What Holtz-Eakin found distressing was attempts by the White House and leaders of the Senate and House of Representatives to debase and delegitimize the tireless efforts and integrity of the more than 200 men and women of the Congressional Budget Office. Holtz-Eakin is intelligent, clear in his thoughts and doesn’t filter everything he says the way many people who have reached the upper levels in Washington do. He is a terrific guest and one of the best of Politics: A Love Story.