Static analysts at CBO predictably claim Senate health bill will throw 22 million off insurance

The Congressional Budget Office is the media's go-to source for analysis of all proposed bill in Congress. Why? Because the CBO is populated by Keynesian liberals who have no understanding at all of the dynamics of markets - just like virtually everyone in the media. That's why the media loves the CBO's "scores" of proposed tax cuts. They always assume the tax rate cuts will devastate revenue to the Treasury and have no other impact on anything. So it's no surprise that the CBO's analysis of the Republican health care bills have been along the same lines. The media are pretty excited today because the CBO has declared that the latest Senate bill will cause 22 million people to lose their health insurance:

Twenty-two million Americans would lose insurance over the next decade under the healthcare bill drafted by U.S. Senate Republicans, a nonpartisan congressional office said on Monday, likely making it more difficult for the already-fraught legislation to win support for speedy passage.

---

Support Canada Free Press

---