Tag: Congressional Budget Office
CBO: Repealing ACA Would Grow U.S. Economy; Reduce Number of Insured by 10 Million
I have asked, and the Congressional Budget Office has answered. Well, not really. Although, I have been urging the CBO to do a comprehensive estimate of all the effects of the Affordable Care Act, effectively for the first time since 2012. It did so last week. The main takeaway is that “repealing the ACA...
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How Much Does Health Insurance Affect Health? Some Surprising Answers
There have been a number of claims that lack of insurance is life threatening. The most recent and well known is an Institute of Medicine (IOM) study claiming that 18,000 people die every year because they do not have health insurance.[1] Using a similar methodology, a study for the Physicians for a National Health...
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I Now Report Sightings of Shovel-Ready Projects
I was on the road a good deal last week, driving from my home in southeast Louisiana first through a long stretch of Mississippi to Tuscaloosa, Alabama, then to the outskirts of Birmingham and on to Auburn, Alabama, and finally from there back to my home by way of Montgomery and Mobile. Along the way, I was...
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Surprise! Health Care Bill “Likely to Top” $1 Trillion “Budget”
Obama’s promised “unofficial budget” of $1 trillion over 10 years for his health care overhaul has already been busted, according to this AP story today: Spending not accounted for in its original estimates could bring the total price tag for the healthcare reform law to more than $1 trillion, according to the Congressional Budget...
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CBO Report: U.S. Will Go to Hell in 2009
According to a report just released by the Congressional Budget Office (CBO), “the [federal budget] deficit this year will total $1.2 trillion, or 8.3 percent of GDP.” This seems about right for a banana republic. The bad news is that neither commercial banana cultivation nor a republican form of government has proved viable in this...
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