CNBC - Missing the headline

The Congressional Budget Office says that the GOP replacement bill for Obamacare would see 26 million people lose their coverage. according to CNBC, glossing over the fact that they can buy the insurance themselves on the open market, quite possibly at a cheaper price.   And that's not even the missing headline - check out the last paragraph (emphasis added):

The loss in coverage projected for next year if the bill is enacted alone equals about 70 percent of the 20 million or so people who have gained insurance coverage as a result of the Affordable Care Act, as Obamacare is more formally known.

The total loss in coverage over the next decade would wipe out Obamacare's gains in coverage, and then some.

The Republican bill also would reduce the federal deficit by $337 billion over the next decade, the CBO estimated in an analysis of the embattled proposal, which is currently working its way through the House of Representatives.

CNBC misses the main purpose of the CBO - scoring the cost or cost savings of various bills. You have to wonder if it's intentional.  Oh wait, no you don't.

Yawner: GOP Proposes $1.3 Trillion in Savings

Yes, that is indeed a yawner. $1.3 trillion in savings is nothing to sneeze at.  In fact it's great!  And it's full of great ideas. As the ever great Ed Morrissey points out, 

Democratic attempts to paint Republicans as the Party of No got a little tougher today with the release of a new plan from the House Republicans on the Budget Committee.  The GOP has demanded spending cuts, and today the group led by Rep. Paul Ryan (R-WI) laid out a preliminary slate of specifics.  If adopted, they predict that they can save over $1.3 trillion over the next ten years. 

Why is it a yawner then?  Because it's still only a  tenth of what's needed. It's just a start. Wake me up when they propose $13 trillion in savings because then we are covering off the $9.76 trillion in new debt between 2011 and 2020 that Obama plans on spending.  That's not my number, that's the CBO's.

I applaud the GOP for their efforts. It's a good start. Sadly however, $1.3 trillion has become a drop in the bucket ocean at this point.