By Lewis K. Uhler and Peter J. Ferrara
The national media – predictably – focused on the bad news for the GOP in the Congressional Budget Office (CBO) “score” of the Obamacare replacement bill: a predicted increase of 24 million uninsured after a decade.
But CBO also provided some very good news for conservatives: the bill would reduce federal spending by $1.2 trillion over 10 years. The repeal of the Obamacare taxes in the bill would amount to nearly a trillion dollar tax cut as well. The net for the deficit would be a reduction of $337 billion, at a minimum.