CBO's Budget Projections Worse Than Useless

CBO's Budget Projections Worse Than Useless
AP Photo/Pablo Martinez Monsivais

In recent months, we have seen a string of shocking headline figures based on 10-year budget projections.

For example, when the House's American Health Care Act (AHCA) bill was scored by the Congressional Budget Office (CBO), we learned that 23 million fewer people would be insured, but that it would reduce the deficit by $119 billion. When Trump proposed his initial budget, Bloomberg said the plan included $3.6 trillion in budget cuts.

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