One of the unsung heros of the health care debate is the Congressional Budget Office, an agency that few really understand and fewer appreciate. Ezra Klein has a tidbit on them, including a description so pithy I can’t help but steal it:
If the role of the Federal Reserve is to take away the punchbowl just as the party is getting started, the role of the Congressional Budget Office is to walk around the party telling everyone exactly how drunk they’re getting and reminding them that there will be consequences for their actions tomorrow.
I join with Mr. Klein in wishing all the hardworking government types a happy holiday.
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