Keith Hennessey:

Nobody has asked the question, “Will the Baucus bill increase or decrease health insurance premiums relative to current law?” CBO’s analysis instead blurs the question of how much health insurance will cost, with how much you will pay for your health insurance after new subsidies and taxes. I fear that these bills will increase the cost of health insurance, then shift those costs from premium payers to taxpayers. If I am right, then the Baucus bill cuts wages. If verified by CBO, that should be sufficient to kill the bill. Somebody in Congress needs to ask CBO this question.