Democratic Party of Wisconsin Statement on CBO Score of Speaker Ryan’s Health Care Bill
After Speaker
Today, the CBO announced that 14 million Americans will lose health insurance next year with the number of uninsured only growing over time. "In 2026, an estimated 52 million people would be uninsured, compared with 28 million who would lack insurance that year under current law," the report states.
The CBO's projections are widely viewed as unbiased and the most accurate amongst federal analysts. In fact, its projections for the Affordable Care act were more accurate than other prominent analyses from 2010. Even the Speaker has agreed with this view in the past, referring to the CBO as "nonpartisan" and using figures released from the office. [1] [2] [3] [4] [5] [6]
The following is the statement of
"Every American should have access to quality, affordable health care. Today's CBO report shows that Congressional Republicans, led by Speaker
"
"Speaker Ryan's bill will make everyday Americans pay more money for fewer benefits, and leave many of his fellow Wisconsinites without any health care at all. I find it appalling that
"After seven years of Republican attacks on
BACKGROUND
[1] Independent Analysis Of The C.B.O.'s Forecasting Concluded It Was Not Biased And Was The Most Accurate Of Federal Analysts. "In the C.B.O.'s assessment of its own accuracy, the agency says it has overestimated revenue by an average of 1.1 percent for two-year projections and by 5.3 percent for six-year projections since 1982. Similarly, the C.B.O. concluded that its economic forecasts of the past four decades 'have been comparable in quality to those of the administration and the Blue Chip consensus,' which aggregates analyses from the private sector. Independent analysis of the C.B.O.'s forecasting tends to be even more generous, concluding it is not biased (though perhaps optimistic) and citing the agency as the most accurate of federal analysts." [New York Times, 3/9/17]
[2] "The CBO's Analysis Is Generally Accepted As Sound. Its Own Assessment Of Its Record At Forecasting Economic Trends Found That Its Estimates Have Generally Been In Line With Administration Estimates And The Estimates Of An Average Of 50 Private-Sector Groups." "That particular subject aside, the CBO's analysis is generally accepted as sound. Its own assessment of its record at forecasting economic trends found that its estimates have generally been in line with administration estimates and the estimates of an average of 50 private-sector groups. The CBO's analysis is considered sound enough that both Spicer and Trump have, in the past, cited its projections for political points." [
[3] "The C.B.O.'s Projections For The Affordable Care Act Were More In Line With What Actually Happened Than Four Other Prominent Analyses From 2010." "C.B.O.'s predictions were off, but less so than others' The agency, created in 1974, released its analysis of the completed version of the health care law in
[4]
[5] Ryan's "A Better Way" Health Care Plan Repeatedly Cited Figures From The "Nonpartisan"
[6]
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