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Thread: Congressional Budget Office Consistently Wrong on Health Care Estimates

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    Re: Congressional Budget Office Consistently Wrong on Health Care Estimates

    today:

    The Congressional Budget Office, in an email to Capitol Hill staffers obtained by the Spectator, has said that repealing the national health care law would reduce net spending by $540 billion in the ten year period from 2012 through 2021. That number represents the cost of the new provisions, minus Medicare cuts. Repealing the bill would also eliminate $770 billion in taxes. It's the tax hikes in the health care law (along with the Medicare cuts) which accounts for the $230 billion in deficit reduction.
    http://spectator.org/blog/2011/01/07...s-repealing-ob

    seeya on the floor, folks
    Last edited by The Prof; 01-08-11 at 04:51 AM.

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    Re: Congressional Budget Office Consistently Wrong on Health Care Estimates

    Quote Originally Posted by pbrauer View Post
    Oh Bull****, the GOP loves the CBO when they agree with them and hates them when they don't. Anyone who runs a large business depends upon projections. Sometimes they are correct and sometimes they are wrong.
    The CBO has NEVER been correct on projections 10 years out, NEVER!

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    Re: Congressional Budget Office Consistently Wrong on Health Care Estimates

    Quote Originally Posted by Chappy View Post
    $230 billion - total repeal.

    $139 billion - partial repeal of Medicare cost constraints.

    And, the conflict is what?
    From another thread

    Review & Outlook: ObamaCare's Reality Deficit - WSJ.com

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    Re: Congressional Budget Office Consistently Wrong on Health Care Estimates

    It looks like the only problem with the health care bill's cost is that the GOP is going to work to screw it up, and make sure it costs money. Looking at the assumptions, we just need politicians to not f**k something up for once...but of course they're going to, which led to Paul Ryan's estimate. Its a crying shame really...
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    Re: Congressional Budget Office Consistently Wrong on Health Care Estimates

    Quote Originally Posted by repeter View Post
    It looks like the only problem with the health care bill's cost is that the GOP is going to work to screw it up, and make sure it costs money. Looking at the assumptions, we just need politicians to not f**k something up for once...but of course they're going to, which led to Paul Ryan's estimate. Its a crying shame really...
    Not that it counts for much on this site but how about some common sense. We ADD 30 million people as users of anything, do not increase supply and expect costs to go down.

    The only real question is how stupid do politicians thing we are. Or for this site how blindly partisan we are. Doesn't anyone here get tired of making a silly arguement because it supports THEIR SIDE, whichever one it is. I get tired reading those silly arguements.

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    Re: Congressional Budget Office Consistently Wrong on Health Care Estimates

    Quote Originally Posted by washunut View Post
    Not that it counts for much on this site but how about some common sense. We ADD 30 million people as users of anything, do not increase supply and expect costs to go down.

    The only real question is how stupid do politicians thing we are. Or for this site how blindly partisan we are. Doesn't anyone here get tired of making a silly arguement because it supports THEIR SIDE, whichever one it is. I get tired reading those silly arguements.
    Logic and common sense are a lost skill on the part of far too many. It is purely partisan to buy the CBO 10 year estimates without considering history, logic, and common sense. CBO admits their projections this far out are tough to determine and we know from history have never been correct yet that doesn't stop partisans from using those projections as absolute gospel. the question is why?

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    Re: Congressional Budget Office Consistently Wrong on Health Care Estimates

    Excerpted from “More small businesses are offering health benefits to workers; The increase is partly attributed to a tax credit created by the nation's new healthcare law. Some insurers are aggressively marketing the break, which can offset up to 35% of a company's costs.” By Noam N. Levey, Los Angeles Times, December 27, 2010
    Major insurers around the country are reporting that a growing number of small businesses are signing up to give their workers health benefits, a sign of potential progress for the nation's battered healthcare system. …

    An important selling point has been a tax credit that the nation's new healthcare law provides to companies with fewer than 25 employees and moderate-to-low pay scales to help offset the cost of providing benefits. The tax credit is one of the first few provisions to kick in; much of the law rolls out over the next few years. …
    Excerpted from “Small Businesses Start to See Benefits of Healthcare Reform” By Ken Terry, BNET, January 7, 2011
    [E]vidence is emerging that that legislation is benefiting small companies by making health coverage more affordable. Considering that small businesspeople are among the most reliable Republican supporters, this unexpected bonus to small firms is another blow to the GOP’s claim that it has a popular mandate to overturn reform. …
    “We certainly did not expect to see this in this economy. It's surprising.” — Gary Claxton, nonprofit Kaiser Family Foundation

    Already small businesses and their employees are benefiting from the Affordable Care Act in ways the CBO didn't estimate last year. The value of reform is just beginning to be fully appreciated.
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    Re: Congressional Budget Office Consistently Wrong on Health Care Estimates

    Quote Originally Posted by Chappy View Post
    We certainly did not expect to see this in this economy. It's surprising. — Gary Claxton, nonprofit Kaiser Family Foundation

    Already small businesses and their employees are benefiting from the Affordable Care Act in ways the CBO didn't estimate last year. The value of reform is just beginning to be fully appreciated.
    16 million unemployed Americans don't see the benefits. You continue to buy what you are told and the question is why? The program hasn't even gone into effect yet so how is anyone seeing any benefits? Where are these people going to get care?

    That said, the tax credit will carry us only so far. What’s needed is a sustained, long-term moderation in healthcare costs, the main driver of growth in insurance premiums.
    Last edited by Conservative; 01-08-11 at 06:53 PM.

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    Re: Congressional Budget Office Consistently Wrong on Health Care Estimates

    Quote Originally Posted by Chappy View Post
    We certainly did not expect to see this in this economy. It's surprising. — Gary Claxton, nonprofit Kaiser Family Foundation

    Already small businesses and their employees are benefiting from the Affordable Care Act in ways the CBO didn't estimate last year. The value of reform is just beginning to be fully appreciated.
    This is a good example of the folks who blindly follow whatever their party throws out there. Not to be confused with true political debate.

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    Re: Congressional Budget Office Consistently Wrong on Health Care Estimates

    Quote Originally Posted by repeter View Post
    we just need politicians to not f**k something up for once...but of course they're going to, which led to Paul Ryan's estimate. Its a crying shame really...
    So you and Paul Ryan agree that politicians messed up the health care reform. seems to contradict all your other posts on this thread.
    Democracy is two wolves and sheep voting on what's for dinner. Liberty is a well armed sheep willing to contest the vote.

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