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The CBO and CMS, keep overestimating health cost increase, and at least for the CBO, it's due to neoliberal fealty.
In all but five of the past 50 years, the budget of the United States has been in cash deficit.[1] For example, in 2015, the federal government ran a cash deficit of $438 billion—after collecting $3,250 billion in revenues and spending $3,688 billion.[2] The continuous level of deficit spending has increased public debt, which, during the same period, rose from 33.7 percent to 73.6 percent of the gross domestic product (GDP).