Now that the Congressional Budget Office has some real enrollment numbers to work with they have again lowered the projected cost of Affordable Care Act coverage expansion provisions. They now assume these provisions will only cost $1,383 billion from 2015-2024. That is $104 billion less than their estimates from February of this year.
|By: Jon Walker Monday April 14, 2014 2:17 pm|
|By: Jon Walker Tuesday April 1, 2014 1:20 pm|
The problem is that the CBO has recently downgraded its revenue projections, making it harder for Ryan to meet his goal of eliminating the deficit in 10 years. If the deficit was really a top priority for Republicans they could have made the tough decision to raise taxes or put forward even more cuts in spending. Instead they decided to basically cheat to get a better CBO score.
|By: Jon Walker Tuesday April 1, 2014 11:36 am|
When talking about health care the media has been conflating what are actually two very different things which just happen to contain the figure “7 million.” There is the 7 million signup benchmark for success set by the Obama administration and the 7 million covered by exchange plans projected by the Congressional Budget Office last year. While they may sound interchangeable they are not.
|By: Jon Walker Thursday March 6, 2014 10:05 am|
I’m annoyed when a political messaging gains so much traction that many in the media start treating it as fact. A perfect example of this is how so many outlets are reporting that House Republicans just took their “50th vote to repeal Obamacare.” I’ve seen places including Washington Post, Chicago Sun Times, Salon, Talking Points Memo, and NBC News call what happened yesterday a vote to “repeal or “gut” the law.
|By: letsgetitdone Thursday February 20, 2014 3:55 pm|
On Valentine’s Day, Senator Bernie Sanders sent a letter to the President, authored by himself and signed by 15 other Senators, all Democrats. The letter was a response to the rumors that the President intends to include his Chained CPI proposal to cut Social Security benefits in the budget he will soon send to Congress.
|By: letsgetitdone Saturday February 15, 2014 11:15 am|
Paul Krugman can’t explain why the deficit issue has suddenly dropped off the agenda.
|By: Jon Walker Tuesday February 11, 2014 9:02 am|
The drafting of the Affordable Care Act was repeatedly delayed to wait for new CBO scores. Democrats made getting a deficit reducing CBO score a top priority, going so far as to make several stupid policy choices just to assure they got a “good” score. The CBO claiming the law would reduce the deficit was made a top selling point in Democrats’ PR campaign.
Despite all this work, in the end the public still had no idea what the CBO said.
|By: Jon Walker Tuesday January 7, 2014 9:15 am|
As part of my continuing series highlighting many design problems with the Affordable Care Act, I turn to the logically incoherent structure of the hardship exemption. This is less an actual design problem and more of a moral problem.
|By: Jon Walker Monday December 16, 2013 8:58 am|
By politically delaying the rule-writing until after the election, the administration artificially shortened the time the had to implement the new health care law.
|By: Jon Walker Friday November 15, 2013 7:35 am|
The reason a public option would be so effective at reducing the deficit is that it would significantly lower premiums for millions of regular Americans and businesses. This would, in turn, reduce the amount of subsidies the government would need to spend to make insurance “affordable.”