All you need to know about the CBO

When Republicans were looking at their repeal and replace plan of the ACA bill, the CBO suggested that repealing the Individual mandate law would cause millions of Americans to "lose" coverage.

As a matter of tangible fiscal reality, the CBO had to admit that such a repeal would (because many of those losing coverage would qualify for subsidies) actually save hundreds of billions of dollars.

The GOP is now adding the repeal of the individual mandate into their tax laws, in order to take advantage of the hundreds of billions of dollars in savings. This savings will offset some of the lost revenue from the tax cuts.

But now that the individual mandate is part of the new tax law, the CBO has announced that they have decided to "revise" their calculations regarding the repeal of the individual mandate and specifically how much savings would be gained in doing so.

No doubt, the CBO will tell us that they overestimated how many people would drop their insurance if the mandate was repealed, and therefore they overestimated how much savings would actually be garnered.

The CBO offered pretty much the same analysis regarding the Individual mandate on multiple repeal and replace plans over the past couple of  years. Nothing has realistically changed (over the past couple of months), other than the focus of the repeal. There is literally no reason for any "revision" of the numbers, other than the obvious attempt to undercut the new tax law.

Is there any reason to actually take the CBO seriously anymore?