The Congressional Budget Office on Tuesday reduced its coverage and cost estimates for the national health care law to reflect last month’s Supreme Court ruling on the law.
Though the court upheld most of the law -- President Obamas signature domestic achievement — it struck down a requirement that states expand their Medicaid programs. Since the decision, several states’ Republican governors have said they will not expand Medicaid, despite full federal funding from 2014 to 2016. The federal funding will drop to 95 percent in 2017 and to 90 percent in 2020.
Comments
WHENEVER there is an article that mentions CBO estimates, you have to always remember that the CBO is FORCED to use assumptions that are provided to it by members of Congress and the White House. Since the mmembers of Congress and the white House are all POLITICIANS, you can expect garbage information to be provided to the CBO.----And just like a computer program that, because of faulty specifications or faulty input data, gives incorrect outout, you get "GIGO" from the CBO. "GIGO" stands for "GARBAGE IN, GARBAGE OUT.------------In this case, the CBO is assuming that EVERY state, including TAXACHUSETTS, will opt out of the Medicaid exchanges. And there is NO WAY that the CBO can figure out how much "Revenues" the government will receive .
It all depends on how many states opt out. I don't think there will many to begin with and at some point there will be none. I can't believe that when reality sets in any state would willfully leave money on the table and allow their less privileged families to suffer. Then again, I can think of a few commentators on Fox News who would probably ignore someone having a heart attack on the street.