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The Congressional Budget Office has some bad news for Obamacare repealers
Yahoo [Vox.com] ^ | December 28, 2016 | Sarah Kliff Vox.com

Posted on 12/29/2016 10:50:33 AM PST by Ernest_at_the_Beach

The Congressional Budget Office has stepped into the Obamacare repeal fight, issuing a fierce warning to Republicans in the form of … a sternly worded blog post. CBO is the government’s nonpartisan scorekeeper, the agency that tells Congress how much new programs cost and who they’ll cover. This is important, because in principle you could provide insurance coverage to everyone while spending practically nothing if you were willing to make the insurance totally worthless.


TOPICS: Government; News/Current Events
KEYWORDS: 0carenightmare; cbo; fakenews; obamacare; trumpobamacare
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1 posted on 12/29/2016 10:50:33 AM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach

Totally worthless? Like the various obamacare plans?


2 posted on 12/29/2016 10:54:08 AM PST by jospehm20
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To: Ernest_at_the_Beach

” This is important, because in principle you could provide insurance coverage to everyone while spending practically nothing if you were willing to make the insurance totally worthless.”

Is this from The Onion? No matter - best laugh I’ve had in days.


3 posted on 12/29/2016 10:54:25 AM PST by tgusa (gun control: hitting your target.)
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To: Ernest_at_the_Beach

More details would be helpful....


4 posted on 12/29/2016 10:54:32 AM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach

http://www.vox.com/policy-and-politics/2016/12/28/14098736/cbo-obamacare-repeal?yptr=yahoo


5 posted on 12/29/2016 10:57:12 AM PST by stylin19a (Hey obamas-it's Ray Charles time - "Hit the Road Jack"...you know the rest)
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To: Ernest_at_the_Beach

https://www.cbo.gov/publication/52351
I tried reading it, but decided reading all 20,000 pages of Obamacare regulations would be easier.


6 posted on 12/29/2016 10:57:30 AM PST by tumblindice (America's founding fathers, all armed conservatives)
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To: Ernest_at_the_Beach

CBO is the government’s nonpartisan scorekeeper,


lolol


7 posted on 12/29/2016 10:58:34 AM PST by txhurl (Chode: a word about taglines)
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To: Ernest_at_the_Beach
CBO is the government’s nonpartisan scorekeeper

BHAHAHAHAHAHAHAHAHAHA...

8 posted on 12/29/2016 10:59:59 AM PST by HarleyD
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To: Ernest_at_the_Beach

How’s the CBO’s track record when it comes to Obamacare? Did they predict its huge failure?


9 posted on 12/29/2016 11:00:09 AM PST by Moonman62 (Make America Great Again!)
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To: Ernest_at_the_Beach

About 8 to 10 million people who didn’t have insurance will no longer be subsidized to have insurance. Everyone else’s premiums will be cut by about 30% or 40%. Sounds good to me.

Btw, isn’t this the same CBO that said Obamacare would be a net savings to the budget and consumers before the final crucial vote?


10 posted on 12/29/2016 11:00:41 AM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: txhurl

The same CBO which twisted itself into a pretzel in it’s initial scoring of Obamacare in order to meet Barky’s mandate that the cost come in under $1 trillion.


11 posted on 12/29/2016 11:00:44 AM PST by Buckeye McFrog
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To: Ernest_at_the_Beach

“sternly worded blog post. “

LOL!

5.56mm


12 posted on 12/29/2016 11:02:31 AM PST by M Kehoe
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To: Ernest_at_the_Beach

Blog Post? Why would the CBO Blog to Congressional Republicans? The CBO works out of one of the Congressional Office Buildings on the House of Representatives Side of the Hill.


13 posted on 12/29/2016 11:02:37 AM PST by PJBankard
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To: Ernest_at_the_Beach

Keep in mind that in 2009, the CBO estimated that Obamacare would cause insurance premiums to rise no more than 10% to 13%.


14 posted on 12/29/2016 11:02:55 AM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Ernest_at_the_Beach
"NON_PARTISAN" MY A**! The CBO responds to requests from Congress by any member or members (regardless of party affiliation)! The interesting thing is..., they are almost always provided with "Given Parameters" in which to provide their "Research Reports"! To the absurd..., "Assume that a meteorite having a solid gold core of 1 million tons has landed on Federal land in Alaska and it is easily retrievable this year. Given this "Fact", how much will the Federal Government be able to pay off on the national debt? A report will ultimately be issued! Get the drift??? Garbage-In-Garbage-Out is often their "Product"!
15 posted on 12/29/2016 11:04:52 AM PST by ExSES (the "bottom-line")
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To: jospehm20

Totally worthless? Like the various obamacare plans?

...

Hospitals have a lot more bad debt now because those with Obamacare can’t afford the deductibles.


16 posted on 12/29/2016 11:09:59 AM PST by Moonman62 (Make America Great Again!)
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To: Opinionated Blowhard

A little history is nice to have on this thread/.


17 posted on 12/29/2016 11:11:38 AM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach

The CBO was, at one time, politically neutral.

I highly doubt they’re politically neutral today.

Memo to President Elect Trump: Clean out the CBO.


18 posted on 12/29/2016 11:13:02 AM PST by Peter W. Kessler ("NUTS!!!")
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To: Ernest_at_the_Beach

Vox.com. ROTFLMAO. Commie Libs U.S.A. You’ve got to be retarded to read their crap.


19 posted on 12/29/2016 11:13:37 AM PST by FlingWingFlyer (As long as tyranny exists, the Constitution and Bill of Right will never be "outdated" or "obsolete")
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To: M Kehoe

Oh, PLEASE, NO!!! Not another sternly worded blog post, we Deplorables could never withstand the agony!!!! We surrender unconditionally!!!! /s ;)


20 posted on 12/29/2016 11:15:03 AM PST by Frank_2001
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