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  Gingrich: CBO a 'reactionary socialist institution'
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Last EditedRP  Nov 21, 2011 07:14pm
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AuthorCharles Riley
News DateMonday, November 21, 2011 11:35:00 PM UTC0:0
DescriptionLook out budget wonks, Newt Gingrich is comin' for you.

The former Speaker of the House labeled the Congressional Budget Office a "reactionary socialist institution" during a speech on Social Security reform in New Hampshire on Monday.

Douglas Holtz-Eakin, a former CBO director and Republican, called the Gingrich allegation "ludicrous."

"I think if you parse that phrase carefully, he got one out of three right," Holtz-Eakin said. "I do agree it is an institution. If you're playing baseball, that's a decent batting average."
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