But if you have some other point, I'll be glad to address something more substantive than splitting hairs.
No, the CBO absolutely does not say, and has never said, that the ACA will add to the deficit. It has always said, every single time, that the ACA will reduce the deficit.
What may be tripping you up on the latter is that the CBO responds to questions it gets from legislators and sometimes Republicans try to play games with that. At one point, they asked the CBO to project the impact on the deficit if we kept all the ACA expenditures, but repealed all the revenue components. Obviously then it would add to the deficit. When they got that report, some of the shadier Republican legislators pretended that that meant that the CBO said the ACA would increase the deficit. It sounds like you may have gotten tricked by them.
•Therefore, CBO and JCT cannot readily provide a retrospective analysis of the ACA that is analogous to the cost estimate provided by the agencies in 2010. That problem is not unique to the ACA but is common to most legislation that affects preexisting federal programs.https://www.cbo.gov/publication/45447The principal obstacle to producing a new estimate for the ACA is that CBO’s cost estimates represent the budgetary effects of legislation relative to the current-law baseline. Because the ACA is part of current law, its budgetary effects would now need to be estimated relative to a counterfactual benchmark that excluded the ACA. CBO does not construct such a counterfactual benchmark for all of the ACA, and attempting to do so would raise significant challenges
CBO now estimates the costs in period from 2014 to 2019 will be $100 billion lower than the March 2010 estimate.
Moreover, determining the budgetary impact of previously enacted legislation that affects ongoing spending programs or tax receipts becomes more difficult over time as the conditions that would have prevailed in the absence of the original legislation become increasingly uncertain. Thus, in its estimate with JCT of the effects of a proposal to repeal the ACA in July 2012, CBO wrote: “Separating the incremental effects of the provisions in the ACA that affect spending for ongoing programs and revenue streams becomes more uncertain as the time since enactment grows.”
The largest changes in the estimated effects of the ACA during the past four years that CBO and JCT have separately identified are those associated with the estimated effects of the ACA’s insurance coverage provisions and the elimination of the Community Living Assistance Services and Supports (CLASS) program.
CBO and JCT’s latest estimate of the cost of the coverage provisions is $100 billion lower than the March 2010 estimate for the period from 2014 through 2019 (2019 was the last year of the 10-year budget window used in the original estimate).
In 2010 the original CBO estimated the ACA would reduce deficients by $124 through 2019.CBO originally estimated that the CLASS program would yield federal budgetary savings of $70 billion through 2019 (and would have a budgetary cost in later years); however, the Secretary of Health and Human Services announced in 2011 that she did not “see a viable path forward for CLASS implementation.” Combining the reduction in estimated cost of $100 billion and the loss of estimated savings of $70 billion with the original estimate that the ACA would reduce deficits by $124 billion over the 2010–2019 period yields a projected reduction in deficits of more than $150 billion over that period.
The new CBO 2014 estimate is that the ACA will reduce the deficients by more than $150 over the same period.
The costs and savings that can be attributed to other provisions of the ACA have undoubtedly been affected by many developments in the four years since the law was enacted. Economic conditions during the past four years and CBO’s projections of the economy in coming years are different from what CBO projected several years ago. The health care and health care financing systems have continued to evolve, and health care spending—both in federal programs and in the private sector—has been below the amounts that CBO expected in early 2010.
Here is the summery from The Updated Estimates of the Effects of the Insurance Coverage Provisions of the Affordable Care Act, April 2014April 2014 cost estimate
CBO and the staff of the Joint Committee on Taxation (JCT) have updated their estimates of the budgetary effects of the provisions of the Affordable Care Act (ACA) that relate to health insurance coverage. The new estimates, which are included in CBO’s latest baseline projections, reflect CBO’s most recent economic forecast, account for administrative actions taken and regulations issued through March 2014, and incorporate new data and various modeling updates.
Relative to their previous projections made in February 2014, CBO and JCT now estimate that the ACA’s coverage provisions will result in lower net costs to the federal government: The agencies currently project a net cost of $36 billion for 2014, $5 billion less than the previous projection for the year; and $1,383 billion for the 2015–2024 period, $104 billion less than the previous projections (see the figure below).
Like all liberal social programs they sound good in principle but never achieve the desired goals.
"The Road to Hell is paved with good intentions"
One meaning of the phrase is that individuals may have the intention to undertake good actions but nevertheless fail to take action. This inaction may be due to procrastination, laziness or other subversive vice. As such, the saying is an admonishment that a good intention is meaningless unless followed through
Last edited by Conservative; 07-05-15 at 12:20 PM.