So, shocker, another government agency was not only off but ‘scandalously off’ in their policy estimates … hey man, if you want something done wrong just hand it off to the government.
New post: "Government report reveals CBO was was scandalously off in Obamacare estimates" https://t.co/wDWP01AGSD
— Philip Klein (@philipaklein) February 21, 2019
We knew Obamacare was a dumpster fire of horrible but wow, we’re having a hard time finding adequately nasty enough words to describe what this report found with the CBO’s estimates on the disastrous legislation.
CBO estimated eliminating mandate penalties would mean 13 million fewer covered. CMS actuaries, in footnote, now project the number is more like 2.5 mln in 2019 & "smaller" thereafter. https://t.co/wDWP01AGSD
— Philip Klein (@philipaklein) February 21, 2019
Holy crap, right?
From The Washington Examiner:
A new report from government actuaries has revealed that the Congressional Budget Office was scandalously off in its estimates of the impact of Obamacare’s individual mandate, a miscalculation that has had significant ramifications for healthcare and tax policy over the past decade.
CBO estimates about the importance of an individual mandate to a national healthcare scheme prodded President Barack Obama into including the unpopular provision into the law in the first place. The mandate projections also played a key role in President Trump’s two major legislative initiatives. The fact that the CBO assumed 14 million could lose coverage mainly due to the elimination of mandate penalties helped kill the effort to repeal and replace Obamacare, while its later assumption that 13 million fewer insured individuals would mean less spending on subsidies from the federal government helped get the 2017 Republican tax cut across the finish line by improving the budgetary math. Yet those incredibly influential estimates now appear to have been wildly off.
Not just off but wildly off.
Yay government.
Hard to overstate how important CBO's wrong analysis of power of mandate was. 1) Forced Obama to endorse it in Obamacare. 2) Helped kill repeal and replace w/ devestating coverage loss estimates. 3) Helped get tax law passed https://t.co/wDWP01AGSD
— Philip Klein (@philipaklein) February 21, 2019
We’re not sure Obama was actually forced to endorse the individual mandate because we’re pretty sure he was quite pleased with the idea of the government forcing Americans to buy something they may not want or need but eh …
CBO claimed that mostly due to elimination of mandate penalties, 5 million fewer ppl would sign up for Medicaid under GOP bill. CMS now on effect of eliminating mandate: "Medicaid enrollment is assumed to be unaffected" "https://t.co/wDWP01AGSD
— Philip Klein (@philipaklein) February 21, 2019
UNAFFECTED versus 5 million.
And here we have it, boys and girls, the government had zero business getting involved in health care. Holy crap.
Article & thread on how CBO analysis of Obamacare – uncritically repeated for years as fact by liberal journalists & pundits – was wrong by orders of magnitude, & how that skewed Congressional options. https://t.co/s6EdO1Pmgi
— Dan McLaughlin (@baseballcrank) February 21, 2019
Well, of course, the media, pundits, and the Left were more than happy to tell everyone how stupid they were for not believing in Obamacare and the CBO just gave them more ammo.
Why is this not a story?
Government report reveals CBO was scandalously off in Obamacare estimateshttps://t.co/0LqxneYlbn— Sandy (@RightGlockMom) February 21, 2019
Because it doesn’t make Trump look bad.
Oh. So it was sort of predictable, err predicted, that CBO’s projections on Obamacare would be a politicized crap sandwich. https://t.co/0fvpt7Y0ml
— Political Sock (@PoliticalSock) February 21, 2019
From 2017 … and yup.
Politicized crap sandwich is oddly specific but accurate.
When you hear anyone complaining about funding for the wall, remind them we spend more on the web site for Obamacare, than we spend on the wall at the border. https://t.co/QFoVXMxye8
— Mel Kerner (@MelKerner) February 21, 2019
Heh, this works.
The CBO errors was utterly predictable. Many of us predicted them.
Would benefit all of us (especially liberals) to accept they got some of these things wrong. https://t.co/WN5Jtdzde8
— Pradheep J. Shanker, M.D., M.S. (@Neoavatara) February 21, 2019
Liberals, accepting they were wrong? ROFL
Oh, ouch, our sides.
I can pull dozens, if not hundreds, of tweets from all kinds of people that were on target years ago, but attacked by liberals as being wrong, because…the CBO said it was wrong.
It was fiction. And we were right to call it out as such. https://t.co/oQgReSMuAh
— Pradheep J. Shanker, M.D., M.S. (@Neoavatara) February 21, 2019
It was all fiction.
But we all knew that.
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