The CBO issued a report on the savings when eliminating Obamacare. They state:
CBO and the staff of the Joint Committee on Taxation (JCT) have
completed an estimate of the direct spending and revenue effects of the
Obamacare Repeal Reconciliation Act of 2017, an amendment in the nature
of a substitute to H.R. 1628, which would repeal many provisions of the
Affordable Care Act (ACA). According to the agencies’ analysis, enacting
the legislation would decrease deficits by $473 billion over the
2017-2026 period
Yet if you look at what they reported a day ago the savings would be almost $600 billion per-year! How can anyone believe these folks! What number is ever real! Well it is Washington after all.
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A blog containing opinion and analysis in a wide array of areas including the economy, health care, broadband and international relations.
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- Florham Park, NJ, United States
- Terry has spent most of his career in industry, half in corporate executive positions, and half involved in his start ups. He started on the Faculty and Staff at MIT in 1967 and was there until 1975, and he had returned to MIT from 2005 to 2012 to assist groups of doctoral and post doc students. Terry has focused on a broad set of industries from cable, to satellite, wireless, and even health care software and medical imaging. Terry has published extensively in a broad set of areas as well as having written several books. Terry has returned to Medicine on Boards at Columbia University Medical Center. Copyright 2008-2024 Terrence P McGarty all rights reserved. NOTE: This blog contains personal opinions of the author and is not meant in any manner to provide professional advice, medical advice, legal advice, financial advice. Reliance on any of the opinions contained herein is done at the risk of the user. For publications see: https://www.researchgate.net/profile/Terrence_Mcgarty
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