NY Post uses false premise to dispute CBO score of Baucus health plan
Published
A New York Post editorial claimed that the Congressional Budget Office's (CBO) determination that the current version of Sen. Max Baucus' health care plan would reduce federal deficits is deceptive because the bill begins creating tax revenues three years before it begins increasing spending, "[w]hich makes it pretty easy for revenue to top spending if you're looking at the balance sheets through just 2019, which is what the CBO does." In fact, in addition to finding that the legislation “would result in a net reduction in federal budget deficits of $81 billion over the 2010-2019 period,” CBO also determined that "[i]n subsequent years, the collective effect of those provisions would probably be continued reductions in federal budget deficits."