Posted by
Defend America on Thursday, March 18, 2010 6:01:07 PM
CBO on $1.2 Trillion: ‘No’ [Robert VerBruggen]
Over at Critical Condition, Hanns Kuttner notes
that while the Democrats attribute their claim that health-care reform
will cut the deficit by $1.2 trillion in its second ten years to the Congressional Budget Office
, this estimate is nowhere to be found in the CBO report itself.
It seems that the Democrats took the CBO’s estimate that deficit
reduction could fall “in a broad range around one-half percent of GDP,”
matched it up to some estimates of GDP in 2020–2029, and attributed
their back-of-the-envelope math to the CBO itself.
I e-mailed a source within the CBO to ask if they had arrived at the $1.2 trillion figure themselves. The source e-mailed back one word: “No.”
http://corner.nationalreview.com/post/?q=MzU4ZWU2Njc1NzE1NjA4Y2QyYTUyNTUzMDcwOGJmZDQ=