4 Matching Annotations
  1. Mar 2017
    1. Because of the magnitude of its budgetary effects, thislegislation is “major legislation,” as defined in the rules of the House of Representatives.1Hence, ittriggers the requirement that the cost estimate, to the greatest extent practicable, include the budgetary impact ofits macroeconomic effects. However, because of the very short time available to prepare this cost estimate, quantifying and incorporating those macroeconomic effects havenot been practicable.

      Rush to legislate doesn't give CBO enough time to project macroeconomic effects as required by House.

    2. Most of that increase would stem from repealing the penalties associated with the individual mandate. Some of those people wouldchoosenot to have insurance because they chose to be covered by insurance under current law only to avoid paying the penalties, and some people would forgo insurance in response to higher premiums.

      Causes for new uninsureds.

    3. in 2018, 14 million more people would be uninsured under the legislationthanunder current law

      14M people estimated to be uninsured in 2018 under #Trumpcare

    4. American Health Care Act

      Annotate the CBO cost estimate for the proposed American Health Care Act online.