Uncertainly emerges from today’s CBO report:
“Although CBO completed a preliminary review of legislative language prior to its release, the agency has not thoroughly examined the reconciliation proposal to verify its consistency with the previous draft. This estimate is therefore preliminary, pending a review of the language of the reconciliation proposal, as well as further review and refinement of the budgetary projections.” (CBO Preliminary Estimate, 3/18/2010)
"CBO has developed a rough outlook for the decade following the 2010-2019 period..."
"The imprecision of that calculation reflects the even greater degree of uncertainty that attends to it, compared with CBO's 10-year budget estimates."
"CBO has not extrapolated estimates further into the future because the uncertainties surrounding them are magnified even more."