CBO Has No Credibility on Health Care Reform Prediction

In March 2015, the Congressional Budget Office claimed Obamacare exchanges would cover 24 million Americans by 2017. The actual number today: 12 million. It was only off by half. Oops.

This flawed coverage prediction is just one of numerous instances where the CBO’s Obamacare aim has been about as accurate as a drunk at a dartboard. Yet despite its record, Obamacare defenders and their media allies are treating as gospel the CBO’s prediction last week that 23 million people would lose coverage under the Republican’s American Health Care Act.

The 23 million guess should be treated with extra skepticism because it is a prediction on top of a prediction. It is an estimate of how many Americans would lose coverage based on an estimate of how many would have otherwise gained it by 2026 under Obamacare.

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