http://mikeyxw.livejournal.com/ ([identity profile] mikeyxw.livejournal.com) wrote in [community profile] talkpolitics 2013-11-18 07:21 am (UTC)

The article was from Fortune magazine, so any claims that it's neutral are DOA, regardless of its author. I used it because the CBO just does comparisons the current estimate and the previous year, you can get, for example, the 2011 estimates compared with the 2012 estimates. They didn't have the 2010 estimates, which I'm assuming [livejournal.com profile] soliloquy76 was using, compared with the 2012 estimates. The 2012 savings as estimated by the CBO went pretty much to zero, or at least the perverse meaning of zero that $4billion takes on when talking about federal spending.

The 2012 estimates are almost certain to change. For example, my take is that the excise tax on Cadillac health plans will ever be put in place in any meaningful way. They are still about the best ones we've got to go by. However, if you've really got an issue with using CBO estimates, you should bring it up with [livejournal.com profile] soliloquy76, he started it.

Post a comment in response:

This account has disabled anonymous posting.
(will be screened if not validated)
If you don't have an account you can create one now.
HTML doesn't work in the subject.
More info about formatting