Bad plan means bad math — as expected

The Congressional Budget Office, a non-partisan are of the House of Representatives, told us pretty much what we already knew: The Republican “replacement” for the Affordable Care Act would be a disaster if passed into law.

As Vox described it, it “would cause 24 million people to lose coverage and save the government $337 billion,” numbers that are misleading because they imply a much greater impact on the nation’s fiscal health than is projected to happen.

As my friend Dan Stockman pointed out on Facebook, a little perspective is required.

the reality is that $340 billion over 10 years is $34 billion a year – which is just less than ONE PERCENT of the federal budget. [$34 billion / $3.5 trillion = 0.0097]

That’s the number that matters.

We’re going to take away health insurance from 24 million people to save 1 percent in the federal budget.

But don’t expect this to matter to Donald Trump or the Republicans, who’ve made it clear that facts don’t matter.

Send me an e-mail.

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Author: hankkalet

Hank Kalet is a poet and freelance journalist. He is the economic needs reporter for NJ Spotlight, teaches journalism at Rutgers University and writing at Middlesex County College and Brookdale Community College. He writes a semi-monthly column for the Progressive Populist. He is a lifelong fan of the New York Mets and New York Knicks, drinks too much coffee and attends as many Bruce Springsteen concerts as his meager finances will allow. He lives in South Brunswick with his wife Annie.

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