CBO Review is…Well, Just Invalid

March 18, 2010 at 13:12 (Economy, General Stupidity, Health, News)

Why? Because the healthcare bill hasn’t been written yet.

I’m not going to pretend to be a budget wonk but aside from the fact that the CBO projections are based on the ‘facts’ provided to them by Democratic leadership, the Director of the CBO says this isn’t a real estimate (pdf)

Although CBO completed a preliminary review of legislative language prior to its release, the agency has not thoroughly examined the reconciliation proposal to verify its consistency with the previous draft. This estimate is therefore preliminary, pending a review of the language of the reconciliation proposal, as well as further review and refinement of the budgetary projections.

In other words, they don’t really know yet since the bill hasn’t been provided in it’s final form.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: