Opinion

The Congressional Budget Office’s broken balance sheet

Dr. Charmaine Yoest President, Americans United for Life
Font Size:

Could it be true that pro-life policies are a burden on taxpayers? That’s the conclusion suggested by a recent Congressional Budget Office study and reported by Politico with this shocking headline: “CBO: GOP abortion bill would raise deficit.”

But the CBO’s cost projection for the Pain-Capable Unborn Child Protection Act — a House bill that would limit abortions for women who are more than 20 weeks pregnant — demands a closer look. Putting aside the fact that Planned Parenthood alone gets more than $1 million a day in taxpayer support, apparently the CBO rushed to calculate the “costs” of not killing fully formed, dramatically present children in the womb.

Politico’s Jake Sherman reports: “Depending on the number of additional births under H.R. 1797 … [additional] Medicaid costs could range from about $75 million over the next 10 years to more than $400 million over that period. … CBO officially estimates that the bill increases federal deficits by $75 million between 2014 and 2018, and $225 million between 2014 and 2023.”

How could pro-life Americans not want to keep their taxes low by advocating for a radical abortion system so extreme that the United States stands with China and North Korea in advocating for abortion through all nine months of pregnancy, for any reason at all, and sometimes with taxpayer subsidies? In fact, most of the 195 nations in the world limit abortions after 12 weeks and certainly before 20 weeks. But perhaps they have overlooked the budget savings that come with nearly unrestricted access to abortion.

Lost in the reporting on this story is news of several, not-so-surprising realities:

1. The short-term costs of raising a child are offset by the long-term gain of that child — who someday will not require formula, diapers and peanut butter-and-jelly sandwiches, as he or she becomes a taxpayer, a business leader and a resource for the community.

2. As our communities grow and as the economy strengthens, the CBO’s prediction of Medicaid dependence may not hold up. Indeed, as we value life and family, many may come together to make an investment in the next generation without asking for taxpayer support. Parents, grandparent, aunts and uncles will find a way to cherish the children who bless a family with their very presence.

A balance sheet has two sides — input and output, what is spent compared to what is earned. To examine the cost of children without factoring in their potential contributions to society is not only shortsighted, it’s bad accounting. It’s like reporting on the costs of making a movie without noting the box office take. It’s like discussing the costs of building a home without looking at the price at closing. It’s half a story.

One wonders where the CBO experts who did this study think future government revenue will come from if we don’t invest in raising future taxpayers.

Take Social Security, for example. In 1950, there were 16.5 workers per retiree. Today, the ratio is 2.9 workers per retiree and by 2030 there will be just two workers per retiree. The more births, the better Social Security’s finances will be down the road.

The CBO’s math also ignores the extent to which our consumer-driven economy would benefit from an increase in the number of consumers. Economists track consumer spending because it is one of the best clues to whether a nation’s economy is poised to expand or poised to contract. Even Gallup tracks how much Americans intend to spend.

I have five children of my own. No one needs to tell me that parenthood is costly. But the costs are not the whole story. Lives have value to society — both intrinsic value and material value. In the long term, the benefits of the Pain-Capable Unborn Child Protection Act will more than make up for the costs.

Dr. Charmaine Yoest is president and CEO of Americans United for Life.

PREMIUM ARTICLE: Subscribe To Keep Reading

Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign Up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
BENEFITS READERS PASS PATRIOTS FOUNDERS
Daily and Breaking Newsletters
Daily Caller Shows
Ad Free Experience
Exclusive Articles
Custom Newsletters
Editor Daily Rundown
Behind The Scenes Coverage
Award Winning Documentaries
Patriot War Room
Patriot Live Chat
Exclusive Events
Gold Membership Card
Tucker Mug

What does Founders Club include?

Tucker Mug and Membership Card
Founders

Readers,

Instead of sucking up to the political and corporate powers that dominate America, The Daily Caller is fighting for you — our readers. We humbly ask you to consider joining us in this fight.

Now that millions of readers are rejecting the increasingly biased and even corrupt corporate media and joining us daily, there are powerful forces lined up to stop us: the old guard of the news media hopes to marginalize us; the big corporate ad agencies want to deprive us of revenue and put us out of business; senators threaten to have our reporters arrested for asking simple questions; the big tech platforms want to limit our ability to communicate with you; and the political party establishments feel threatened by our independence.

We don't complain -- we can't stand complainers -- but we do call it how we see it. We have a fight on our hands, and it's intense. We need your help to smash through the big tech, big media and big government blockade.

We're the insurgent outsiders for a reason: our deep-dive investigations hold the powerful to account. Our original videos undermine their narratives on a daily basis. Even our insistence on having fun infuriates them -- because we won’t bend the knee to political correctness.

One reason we stand apart is because we are not afraid to say we love America. We love her with every fiber of our being, and we think she's worth saving from today’s craziness.

Help us save her.

A second reason we stand out is the sheer number of honest responsible reporters we have helped train. We have trained so many solid reporters that they now hold prominent positions at publications across the political spectrum. Hear a rare reasonable voice at a place like CNN? There’s a good chance they were trained at Daily Caller. Same goes for the numerous Daily Caller alumni dominating the news coverage at outlets such as Fox News, Newsmax, Daily Wire and many others.

Simply put, America needs solid reporters fighting to tell the truth or we will never have honest elections or a fair system. We are working tirelessly to make that happen and we are making a difference.

Since 2010, The Daily Caller has grown immensely. We're in the halls of Congress. We're in the Oval Office. And we're in up to 20 million homes every single month. That's 20 million Americans like you who are impossible to ignore.

We can overcome the forces lined up against all of us. This is an important mission but we can’t do it unless you — the everyday Americans forgotten by the establishment — have our back.

Please consider becoming a Daily Caller Patriot today, and help us keep doing work that holds politicians, corporations and other leaders accountable. Help us thumb our noses at political correctness. Help us train a new generation of news reporters who will actually tell the truth. And help us remind Americans everywhere that there are millions of us who remain clear-eyed about our country's greatness.

In return for membership, Daily Caller Patriots will be able to read The Daily Caller without any of the ads that we have long used to support our mission. We know the ads drive you crazy. They drive us crazy too. But we need revenue to keep the fight going. If you join us, we will cut out the ads for you and put every Lincoln-headed cent we earn into amplifying our voice, training even more solid reporters, and giving you the ad-free experience and lightning fast website you deserve.

Patriots will also be eligible for Patriots Only content, newsletters, chats and live events with our reporters and editors. It's simple: welcome us into your lives, and we'll welcome you into ours.

We can save America together.

Become a Daily Caller Patriot today.

Signature

Neil Patel