Tag Archives: CBO

Enumerati

Trump Administration’s Deficit Forecast Is Waaaaay Off

$9.5 trillion

“The Congressional Budget Office estimates the government will take in $1.9 trillion less in revenue and spend $300 billion more over the next decade than the White House estimated under its latest budget proposal if the plan were enacted,” the Wall Street Journal reports. “Deficits would total $9.5 trillion over the coming decade, or $2.3 trillion more than the White House estimates.”

Enumerati

ACA Repeal Would Take Insurance from 32 Million Americans

32 million

The CBO estimates that the GOP repeal-only health care bill would increase the number of people who are uninsured by 17 million in 2018, compared with the number under current law. That number would increase to 27 million in 2020, after the elimination of Medicaid expansion and the elimination of marketplace subsidies, and then to 32 million in 2026. In addition, average premiums in the nongroup market would increase by roughly 25% in 2018. The increase would reach about 50% in 2020, and premiums would about double by 2026.

Poetic Justice

CBO? What CBO?

The Trumpcare bill pits Republicans either against or for it,
But Trump’s not waiting for the Congressional Budget Office to score it.
He thinks that by rushing,
Opposition they are crushing
And when the negative CBO report comes out, he’ll just ignore it.