The Congressional Budget Office has stepped into the Obamacare repeal fight, issuing a fierce warning to Republicans in the form of … a sternly worded blog post.
CBO is the government’s nonpartisan scorekeeper, the agency that tells Congress how much new programs cost and who they’ll cover. Their analysts will estimate how many people get insurance under any Republican replacement plan.
And CBO, in its new blog post, says it won’t let Republicans count especially skimpy coverage as health insurance. They argue that health insurance needs to provide “financial protection against high medical costs” for CBO to count the people who buy it as covered.
This is important, because in principle you could provide insurance coverage to everyone while spending practically nothing if you were willing to make the insurance totally worthless.