Government report reveals CBO was scandalously off in Obamacare estimates

It’s hard to predict how systems will react over time.This becomes more true the more complex the system.

(From The Washington Examiner)

The fact that the CBO assumed 14 million could lose coverage mainly due to the elimination of mandate penalties helped kill the effort to repeal and replace Obamacare, while its later assumption that 13 million fewer insured individuals would mean less spending on subsidies from the federal government helped get the 2017 Republican tax cut across the finish line by improving the budgetary math. Yet those incredibly influential estimates now appear to have been wildly off.

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