[Pearls Before Swine]

And it is still freaking wrong, they will never collect on their revenue. They are assuming a yield that is fantasy land on their tax increases.

Its worse than that. The CBO scores the first ten years, which assumes 10 years of tax revenue and 6 or 7 years of expense. Remember, the taxes are frontloaded, but the implementation of the bureaucracy and the delivery/takeover of medical services starts in 2013.

So, CBO looked at the first ten years, but it was a stacked deck. Once the program goes to steady state, there's a 30 to 35% underestimate of how bad it is each ongoing year.

[dila813]

That’s common knowledge compared the the fraud I am talking about.