A good deal has been written since Charles Blahous, a Medicare ans Social Security Public trustee appointed by the President produced a paper projecting vastly fewer savings and dramatically higher costs as the Affordable Care act is implemented. The ever brilliant Michael Barone provides a fine brief (Ouch! Decade of Obamacare Will Cost $1,160 billion) in which he explains the simple gimmicks used to disguise the costs and more importantly, why the Congressional Budget Office (CBO) analysis is fatally flawed, albeit, unintentionally.
The arguments against Blahous range from the diminutive Ezra Klein from The Washington Post whining that CBO is the “official” score-keeper and shall not be questioned to Patrick Pexton, also of The Post, whining that Jonathan Chait of New York magazine and Paul Krugman of the New York Times agree that the CBO shall not be challenged . . . even after a key component and supposed cost-saver was abandoned by health and Human Services Secretary Kathleen Sebelius.
As the presidential campaigns gain speed, listen and chuckle as the President’s defenders admonish you to deny what you see, deny what you hear, deny reality. All will be good.