“Dynamic Scoring”: Why and How to Include Macroeconomic Effects in Budget Estimates for Legislative Proposals
基于作者担任国会预算办公室主任的经验,论证了主要立法提案的预算估算应纳入宏观经济效应(即动态评分),但需在估算机构有足够工具和时间进行审慎分析时进行。
Official estimates of the budgetary effects of legislative proposals generally include anticipated behavioral responses except for those that would alter overall output or employment. Based on my experience as director of the Congressional Budget Office and on the analysis in this paper, I conclude that such macroeconomic effects of legislative proposals should be included in budget estimates—that is, so-called dynamic scoring should be used—for major (but not minor) proposals and for proposals affecting federal spending as well as revenues. However, such macroeconomic effects should not be included when the estimating agencies do not have the tools or time needed to do a careful analysis of those effects. Current rules governing the official estimating process do not fully meet those conditions.