CBO Reports Quantify Ways Single-Payer Health Care Would Result in Lower Economic Growth, Reduced Labor Supply

s if America’s current economic malaise didn’t create enough problems, several reports demonstrate how Democrats’ agenda for single-payer health care would make it worse.

The reports by the Congressional Budget Office (CBO) quantify the ways single-payer would result in lower economic growth and a reduced labor supply. The analyses reinforce the notion that progressives’ “equity” agenda won’t raise lower-income citizens’ proverbial boats so much as drop all Americans into a lifestyle of stagnation.

The reports, the most recent of which was released in late February, follow up on an initial volume released in December 2020. That 200-plus page CBO analysis concluded that, among other things, all options the budget office examined would create an increased demand for care that the single-payer system could not meet, leading to government rationing of health care.