No Treasury Analysis of Tax Bill, November 30, 2017

It is NOT NORMAL for the Secretary of the Treasury to promise that the Treasury department will release an analysis of the tax bill that will show how it will pay for itself, when the Treasury’s Office of Tax Policy, who are supposedly running the models, say that no such analysis exists or is in the process of being created.

Update: The Treasury Department’s inspector general has now opened an inquiry into the missing analysis.

Update, December 11, 2017: The Treasury Department has now released a one-page statement about its analysis of the tax bill. Unfortunately, although the statement refers to models, it provides no details about how the numbers in the analysis were generated.

Sources: The New York Times, the Los Angeles Times.

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