The Real Reason CBO Won’t Put a Price Tag on Bernie’s ‘Medicare for All’ The Real Reason CBO Won’t Put a Price Tag on Bernie’s ‘Medicare for All’ – NTK Network

The Real Reason CBO Won’t Put a Price Tag on Bernie’s ‘Medicare for All’

Bernie Sanders is dead-set on passing his single-payer health care plan, and he’s earned the backing of several 2020 Democrats. What’s the hold-up?

By NTK Staff | 08.29.2018 @2:00pm
The Real Reason CBO Won’t Put a Price Tag on Bernie’s ‘Medicare for All’

The Congressional Budget Office (CBO) “does not appear” to be “working on a spending estimate” for Sen. Bernie Sanders’a (I-VT) so-called “Medicare for All” single-payer health care legislation, according to a new report from The Hill.

Sen. John Barrasso (R-WY) requested that CBO look at the legislation, given the amount of press attention it has received in recent months. But Barrasso did not receive a response to his request.

The CBO declined to comment, but former directors said the fact that passing single-payer legislation is not a priority for the Republican-controlled Congress means the CBO is unlikely to devote time to scoring the bill.

Doug Elmendorf, a former CBO director, said the budget scorekeeper is required to provide estimates only for bills that have made it out of committee, and that other measures it scores are usually the priority of a chairman or ranking member.

Despite the backing of prominent Democrats, including those who might run for president in 2020 like Sens. Elizabeth Warren (D-MA), Kirsten Gillibrand (D-NY), Kamala Harris (D-CA), and Cory Booker (D-NY), it appears the bill is not being taken seriously by those on Capitol Hill. Since Republicans control both chambers and are generally opposed to government-run health care, the bill isn’t viable in the eyes of the CBO.

The Mercatus Center at George Mason University released a study last month that placed the cost of Medicare for All at $32.6 trillion over 10 years. That is about $10 trillion more than the current national debt.

Sen. Tammy Baldwin (D-WI), who supports the costly legislation, admitted earlier this month that passing a Medicare for All bill “would mean significant tax increases,” according to The Capital Times.

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