Newt Gingrich Leads Campaign Challenging Congressional Budget Office Bias
Newt Gingrich Leads Campaign Challenging Congressional Budget Office Bias

Newt Gingrich Leads Campaign Challenging Congressional Budget Office Bias

News summary

Former House Speaker Newt Gingrich has strongly criticized the Congressional Budget Office (CBO), accusing it of biased and flawed projections that undermine conservative fiscal policy, particularly regarding President Donald Trump's tax cuts. Gingrich claims the CBO has a pro-spending, anti-tax cut bias and has repeatedly miscalculated the impact of major legislation, including the Trump tax cuts and Biden's spending bills, leading to calls from Gingrich and some House Republicans to dismantle or reform the agency to increase transparency and accountability. Despite the CBO's role as an independent budget analyst, Gingrich and MAGA supporters dispute its revenue and economic growth projections, arguing they underestimate the positive effects of tax cuts, though experts note these projections have been largely accurate. Gingrich emphasizes that during his tenure as Speaker in the 1990s, his leadership balanced the federal budget four times despite CBO opposition, suggesting that ignoring the CBO's guidance was necessary to achieve fiscal success. These attacks on the CBO come amid ongoing partisan debates over tax policy, government spending, and economic forecasts, highlighting tensions between conservative policymakers and traditional budgetary institutions. Meanwhile, Trump loyalists continue to promote the narrative of economic growth driven by tax cuts and criticize the CBO as a barrier to conservative reforms.

Story Coverage
Bias Distribution
100% Right
Information Sources
339ba12a-e852-4faf-b561-fc853f9e03e8
Right 100%
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
1
Unrated
0
Last Updated
26 days ago
Bias Distribution
100% Right
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Negative

26Serious

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Positive

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