The CBO's lousy track record on coverage projections

This has certainly been true on Obamacare. Seven years ago this month, the Democrats rammed President Obama’s namesake through the House of Representatives without a single Republican vote and with only three Democratic votes to spare. At the time, the CBO said that in 2017, 23 million people would be enrolled in insurance that they acquired through Obamacare’s government-run exchanges. Well, 2017 is here, and the actual tally is 9.2 million. So the CBO missed its projection by some 14 million people and a whopping 60 percent. That’s not even close enough for government work.

The CBO tends to assume that if the federal government isn’t compelling someone to do something, it won’t happen. So if employers aren’t mandated to offer insurance, they won’t. If Americans aren’t mandated to buy insurance, they won’t. To be sure, the CBO does grant that some private employers and some private citizens actually exercise free will. Nevertheless, the CBO plainly believes in, and is a part of, Big Government.

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