CBO Is Wrong And Its Numbers Shouldn’t Deter Needed Reform

The Congressional Budget Office (CBO) launched its latest mistaken Obamacare-related estimate this week, predicting that a House-passed bill to repeal and replace the embattled law would lead to 23 million more uninsured people by 2026. Although CBO itself acknowledges that this latest prediction is “especially uncertain,” one thing is especially certain: CBO is wrong....

The CBO Bludgeon

Bureaucratic oracles at the Congressional Budget Office (CBO) have decreed that 23 million fewer people will have health coverage in 2026 if a House-passed bill to repeal and replace Obamacare were to become law. As with CBO’s past Obamacare-related pronouncements, corporate and social media sources are uncritically repeating that estimate, overlooking the questionable assumptions...