Jul 21, 2017

Former CBO directors: Stop attacking our work

All of the former directors of the Congressional Budget Office have teamed up to defend their colleagues' work — and demand that Republicans stop attacking the budget office's estimate of the Senate health care bill. The letter to the top Republican and Democratic congressional leaders expresses "our strong objection to recent attacks on the integrity and professionalism of the agency and on the agency's role in the legislative process."

The bottom line: They say the non-partisan office produces "estimates that are more accurate, on average, than estimates or guesses by people who are not objective and not as well informed as CBO's analysts."

Why it matters: Republicans have been criticizing CBO's assumptions and accusing the budget office of inflating its estimates of the health care bill's impact, especially on how many people would lose coverage. But the main attacks lately have been coming from the White House, including a Washington Post op-ed by two White House officials who called CBO's estimates "fake news."

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4 hours ago - Technology

The slippery slope of protest surveillance

Illustration: Aïda Amer/Axios

President Trump's call to treat antifa supporters like terrorists could be a green light for high-tech surveillance of dissidents.

Why it matters: It's unlikely the Trump administration can designate antifa as a terrorist group in any legally meaningful way, but the declaration gives law enforcement tacit approval to use a plethora of tech tools to monitor protesters and left-leaning activists.

The biggest crisis since 1968

Illustration: Aïda Amer/Axios. Photo: Bettmann/Contributor

The year 1968 has been on a lot of people’s minds lately — another year of protests, violence and upheaval that seemed to be tearing the nation apart.

Yes, but: This crisis also has moments we’ve never seen before — and some historians and experts say the differences suggest that 2020 doesn't compare well at all.

SoftBank to launch $100M fund backing companies led by people of color

Illustration: Aïda Amer/Axios

SoftBank COO Marcelo Claure said in a letter to employees early Wednesday that the firm will create a $100 million fund that "will only invest in companies led by founders and entrepreneurs of color."

Why it matters: The Opportunity Growth Fund is one of the first to put significant capital behind companies' statements of empathy and outrage in response to protests over systemic racism in the U.S. typified by the killings of George Floyd, Breonna Taylor and other African Americans by police.