Tuesday, July 31, 2012

Former CBO director defends agency against transparency push

Former Congressional Budget Office Director Douglas Holtz-Eakin told The Daily Caller News Foundation that he is skeptical of a CBO transparency bill sponsored by Pennsylvania Republican Rep. Tim Murphy.
“I always encourage people to understand there’s a difference between being transparent about what CBO does and scientific replicability. They’re never going to get that,” Holtz-Eakin explained.
“CBO has lots and lots of proprietary data,” he said, offering a reason why the CBO’s books are not fully open to outside observers.
“When I was there we got data from some of the pharmaceutical companies and we signed confidentiality agreements in order to get it,” Holtz-Eakin continued. “We needed to do a good job on the prescription drug bill but we could not have shown that to anybody, including Congress. Any time Congress has ever made noise about trying to reach into CBO in that way, I’ve just gone to the leadership and explained if they do it, I’m not going to get the data I need for CBO to do it’s job. It endangers the capacity of the office.”
The CBO transparency bill would require the agency to publish its methodologies and data for public scrutiny. Under current policy, the CBO relies on its Panel of Economic Advisers and Panel of Economic Health Advisers, groups of experts with relevant expertise, for guidance.
“Although CBO draws upon a diverse set of outside experts, the agency’s findings are based on its own judgments, and it is solely responsible for the substance and presentation of those findings,” says the CBO’s website.

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