I didnt even talk about my positions at all, I said people who start
with growing govt should be banned from the discussion. We have data on this, it has a piss poor track record, and the CBO is prime example of this. Feel free to argue that govt is effective and I can lump you in with that ilk.
Here are a few dandies, they only missed some of these by a couple hundred % points.
In 1965, the House Ways and Means Committee estimated that the hospital insurance program of Medicare - the federal health care program for the elderly and disabled - would cost $9 billion by 1990. The actual cost that year was $67 billion.
In 1967, the House Ways and Means Committee said the entire Medicare program would cost $12 billion in 1990. The actual cost in 1990 was $98 billion.
In 1987, Congress projected that Medicaid - the joint federal-state health care program for the poor - would make special relief payments to hospitals of less than $1 billion in 1992. Actual cost: $17 billion.
The list goes on. The 1993 cost of Medicare’s home care benefit was projected in 1988 to be $4 billion, but ended up at $10 billion. The State Children’s Health Insurance Program (SCHIP), which was created in 1997 and projected to cost $5 billion per year, has had to be supplemented with hundreds of millions of dollars annually by Congress
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In response to this post by hoolstoptheheels)
Posted: 07/28/2017 at 11:55AM