Despite what you may have heard, the CBO has not analyzed the gas tax holiday

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While looking for something else, I came across this from the Congressional Budget Office...

Various media reports are incorrectly attributing to CBO a figure (that the average driver would save about $30 this summer) associated with a gas tax holiday. CBO has not published such a figure and the citations to CBO are inaccurate.
This misattribution raises a larger point. CBO is a nonpartisan organization, and we are not in the business of scoring or evaluating campaign proposals. In some cases, CBO may have previously estimated or evaluated a proposal similar to one subsequently proposed in a campaign and those estimates generally are available on our website.
The bottom line: If you read something suggesting that we have issued numbers or an analysis about a campaign proposal, you should be skeptical — and also let us know.

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This page contains a single entry by William Polley published on May 5, 2008 12:26 AM.

Economists against the gas tax holiday... why was that, again? was the previous entry in this blog.

Refinery capacity utilization is the next entry in this blog.

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