Rep. Gohmert Says CBO Scoring Is 'Ridiculous'

The transcript covers discussions on raising the federal debt ceiling, welfare reform impacts, and critiques of the CBO's scoring methods. It also addresses budget concerns, the effects of tax cuts, and historical perspectives on tax cuts and deficits. The speaker emphasizes the need for spending restraint and questions the reliability of CBO's projections.

What is the Freedom Caucus's position on the federal debt ceiling?

• They want to raise it without any conditions.

• They want to address it before August with significant reforms.

• They are against raising it under any circumstances.

• They want to delay the decision until next year.

Why does the speaker criticize the Congressional Budget Office (CBO)?

• For being too conservative in their estimates.

• For having a high margin of error in their scoring.

• For supporting tax increases.

• For not considering welfare reforms.

What is suggested as a solution to improve the accuracy of budget scoring?

• Relying solely on private sector estimates.

• Introducing competition in scoring.

• Eliminating the CBO entirely.

• Increasing the budget for the CBO.

What historical example is used to discuss the impact of tax cuts on deficits?

• The Kennedy administration.

• The Bush administration.

• The Clinton administration.

• The Reagan administration.

What is emphasized as necessary when new revenue comes in from tax cuts?

• Increasing government spending.

• Maintaining fiscal restraint.

• Cutting more taxes.

• Investing in foreign markets.