Posts Tagged ‘budgeting’

Dynamic Scoring Overlooks Benefit of Public Investments

The lack of consensus among economists regarding the impact of tax changes upon the economy is a major impediment to the use of dynamic scoring in the budgeting process, as noted in the preceding North Star article. Another problem with dynamic scoring models is that, while they emphasize the potential drag on the economy resulting…

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Dynamic Scoring: Caveat Emptor

In recent years, there has been a push at both the federal and state levels—coming primarily from conservatives—to adopt “dynamic scoring” to evaluate the impact of changes in tax and fiscal policies. Dynamic scoring attempts to predict the impact of fiscal policy changes, taking into account their anticipated economic repercussions. Dynamic scoring is an alternative…

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