{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"What is the value of dynamic scoring for legislators?","description":"When Congress considers legislation, nonpartisan agencies provide estimates of the law\u2019s potential economic effects to policymakers, a process known as \u201cscoring.\u201d In recent decades, analysts at the Congressional Budget Office and Joint Committee on Taxation have developed models that incorporate complex feedback effects, going beyond conventional scoring techniques. These \u201cdynamic scoring\u201d methods can produce significantly different estimates of a law\u2019s economic impact, but there are tradeoffs in applying them in different policy areas. On this episode Doug Elmendorf and Glenn Hubbard join Wendy Edelberg, director of The Hamilton Project, for a discussion on the costs and benefits of dynamic scoring. Show notes and transcript The Brookings Podcast on Economic Activity is part of the Brookings Podcast Network. Subscribe and listen on Apple, Spotify, or wherever you listen to podcasts. Send feedback email to podcasts@brookings.edu. ","author_name":"Brookings Podcast on Economic Activity","author_url":"https:\/\/www.brookings.edu\/BPEA","html":"