The Congressional Budget Office (CBO) has revised its 30-year population projection downward to 372 million, an 11 million decrease from last year’s estimate. This reduction reflects declining birth rates (1.60 births per woman, down from 1.70) and lower-than-anticipated immigration, partially due to a June executive order impacting asylum processing. The projected yearly growth rate will average 0.4% for the next decade, slowing to 0.1% between 2036 and 2055. Without immigration, the U.S. population is projected to begin shrinking in 2033.
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The Congressional Budget Office (CBO) projects a significant increase in health insurance premiums for millions of Americans if the Affordable Care Act’s enhanced subsidies expire in 2026. This increase, potentially reaching an extra $700 annually per person, could result in 2.2 million more uninsured Americans in 2026, rising to nearly 4 million annually thereafter. Republicans face a difficult choice, as upholding their campaign promise to lower costs conflicts with their opposition to extending these subsidies, despite the substantial projected increase in healthcare expenses. This conflict highlights the potential political ramifications of prioritizing tax cuts over extending crucial healthcare assistance, a choice Democrats are already highlighting.
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John Q. Hosedrinker