The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
CBO models arbitrarily assume public investment is half as productive as private
“The CBO is just simply assumes, pulls it out of a hat, that public investment is half as productive as private investment.”
Paul claims 2017 extreme weather events wiped out 60% of GDP growth
“In 2017, extreme weather events fueled by climate change wiped out 60% of GDP. More than half of economic growth was just eliminated due to extreme weather events.”
Trump-era report estimated unabated climate change costs 10% of GDP annually
“A report that came out under the Trump administration, the National Climate Assessment Four, estimated that unabated climate change would lead to damages in the realm of 10% of GDP every year into perpetuity.”
CBO can update its climate models without waiting for a congressional mandate
“The CBO doesn't need Congress's mandate to change their model here. In fact, they could do it without Congress. Congress could force them to, but there's no reason that the CBO needs to wait.”
CBO completely ignores the social cost of carbon in legislative budgetary scoring
“The social cost of carbon doesn't factor into the CBO analysis. The social cost of carbon is utilized for regulatory analysis, not for legislative budgetary analysis as done by the CBO. So they're essentially used in two different branches of government, but a…”