Quote:
Originally Posted by sebastian_dangerfield
Run them with Medicare's numbers adjusted for 9.5% unemployment (attendant reduction in Medicare taxes) through 2013, 8.0 from 2013 through 2016, and 7.0 from 2016 through 2020. Also, run them with the 3.8% increase in unearned income tax adjusted to assume 1/3 fewer individuals paying it. See where those numbers come out.
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Do you know the CBO will run numbers like this at the request of a member? Why do the think the Republicans haven't asked for such a projection?
My own suspicion is that such a projection would show such an enormous deficit in general, disregarding the Affordable Care Act, that it would make a strong case against any tax cuts, and, indeed, would almost necessitate finding some revenue somewhere. The ACA would be a relatively modest worry compared to the imbalance that would produce in Social Security and in the general accounts.
Yes, at some point, if you project bad economic numbers, the revenue raising elements of the bill raise less money and the expenditure side of the bill costs more. But if you project a 15 year recession, I think you're projecting us being all around generally screwed, unless someone can gin up a world war or something.
