Griffith Slams CBO
Congressman Morgan Griffith will probably not be getting Christmas cards from the Congressional Budget Office.
His statement today on how CBO has/will score the latest healthcare initiative is pretty much awesome:
Wednesday, May 24, 2017 – Later today, the Congressional Budget Office (CBO) is expected to come out with their updated score to the American Health Care Act (AHCA).
Congressman Morgan Griffith (R-VA) said, “As I have told many people regarding the original scoring, I do not have confidence in the scoring of CBO. So whether the score shows improvement or not, I stand by my previous position. This is not to say that a CBO score is not a benchmark to be reviewed, but because of the methodology they generally use, I believe they often come up with erroneous conclusions.”
“For example, the CBO score of Obamacare projected 22.9 million people would be enrolled in the exchanges by 2017, however in actuality we saw 11.4 million. CBO projected the cost per person to be about $3,100 in 2017, but it’s actually more than $4,450.”
“Furthermore, when the U.S. government proposed selling off some wireless spectrum, the CBO scored it at 0, meaning it would generate no revenue. The sale actually brought in 40 billion dollars.”
In other words – thank you for your prediction, we’ll stick to principle.