Extra - Legal Insurrection: "There is no spoon Baucus bill."
More - Megan McArdle: "So most of the major components of the program are scheduled to either cost more, or raise less revenue . . . but overall, it's generating a bigger surplus. It's the healthcare economist's version of "We're losing money on every unit, but we'll make it up in volume!"
4 comments:
My, my, how unexpected. After citing every negative CBO health care projection as if it were the Holy Gospel, NOW it's time to break out the skepticism! Such a mysterious turn of events.
The CBO report is a disgruntled former estimate.
The CBO report was never in the loop.
The CBO report is trying to sell a book.
It's sad... this is not the CBO report we knew.
Not at all: I believe the CBO. They've calculated the Baucus bill based on what the Senate bill says it will do: raise taxes on insurance companies (that will not affect people making less than $250,000/year) and cutting $400 billion from Medicare.
If you believe either of these things will happen, I have a bridge to sell you.
July 2009: CBO estimate contradicts Obama numbers, thereby making its assumptions correct:
http://vikingpundit.blogspot.com/2009/07/cbo-wont-say-223-politico-cbo-deals-new.html
(and elsewhere)
October 2009: CBO estimate supports Obama numbers, therevy making its assumptions wrong:
http://vikingpundit.blogspot.com/2009/10/my-snap-review-of-cbos-score-of-baucus.html
(and elsewhere)
So I guess I don't need to respond here if you're not going to read my previous comment. Nice talkin' with you.
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