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Reps. Mark Meadows and Jim Jordan in Washington Examiner
July 24, 2017
"CBO economists are trained to apply Keynesian economic formulas to predict future consumer behavior, but their projections don't often account for common-sense realities, such as the wet blanket effect that Obamacare had on job creation and economic growth. Time and time again, their projections miss the mark because they don't consider economic reality.... [T]he updated CBO baseline for Obamacare showed that the exact same number of people would buy insurance in 2018 under the BCRA as would under Obamacare -- a figure which would be one million more than the 18 million currently on the individual market. More importantly, their projections miss the basic point that people are more likely to purchase an affordable product that meets their needs."
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