ICYMI & IYKYK

Pence group AAF tells Hill Republicans to ignore ‘wildly inaccurate’ CBO

David SivakMay 30, 2025 7:00 am

EXCLUSIVE – Advancing American Freedom, the advocacy group founded by former Vice President Mike Pence, is urging lawmakers to ignore the Congressional Budget Office‘s deficit projections as Republicans advance their tax agenda on Capitol Hill.

In a memo circulated to congressional offices on Friday, AAF called the nonpartisan budget forecaster “wildly inaccurate” after it projected the tax portion of President Donald Trump’s “big, beautiful bill” would add $3.8 trillion to the debt. Pointing to calculations that proved to be wrong in 2018, when the tax cuts were first going into effect, the organization said the CBO should not “set the terms” of debate over its passage.

It noted actual revenue was $1.5 trillion higher than the CBO’s Tax Cuts and Jobs Act projections from 2018 to 2024, a gap largely explained by incorrect inflation assumptions.

“Rather than allow unreliable estimates to upend or delay much-needed tax reform, Congress should move forward immediately to make as many of TCJA’s provisions permanent and protect the American people from a major tax hike from going into effect at the end of 2025,” the memo said.

The latest projections, released last week, put the legislation on shakier ground as it neared passage in the House, though last-minute concessions to fiscal hawks were enough to mollify those Republicans.

https://www.washingtonexaminer.com/news/senate/3426058/pence-group-aaf-tells-hill-republicans-ignore-wildly-inaccurate-cbo/