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Hemingway: CBO estimates 'notoriously bad'
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Published March 13, 2017
Mollie Hemingway told viewers Monday on “Special Report with Bret Baier” that new figures about the American Health Care Act come from an office that is “notoriously bad” when it comes to such estimates.
Earlier, the Congressional Budget Office released its estimate that the GOP health care plan would decrease the budget deficit by $337 billion over a 10 year period. It also estimated that under the plan, 14 million people would lose health care coverage next year – a number that would grow to 24 million people in the next decade.
Hemingway cited previous examples of CBO problems.
“Think back to 2010 when they said that under Obamacare you would have 23 million Americans insured. It is actually 12 million this year,” she said. “They also made a forecasting error so they dramatically underestimated the cost of Medicaid. So we need to keep these things in mind as we are talking about this scoring as well.”
https://www.foxnews.com/politics/hemingway-cbo-estimates-notoriously-bad