The Congressional Budget Office (CBO) released its analysis of the American Health Care Act (AHCA) on Monday, finding that the Trump-backed House Republican bill that seeks to repeal and replace Obamacare would save the federal government $337 billion over 10 years — at the cost of throwing 24 million people off of health insurance coverage by 2026.

But those theoretical savings would be more than wiped out by an also theoretical increase in military spending that President Trump wants Congress to pass.

Shortly after the release of the CBO report, House Speaker Paul Ryan put out a statement embracing its findings, claiming among other things that it found that the AHCA would “dramatically reduce the deficit.”

Yet Ryan has offered no objections to Trump’s request for an additional $54 billion in annual military spending in this coming year. The increase alone amounts to 80 percent of Russia’s current military spending; it would make the United States responsible for almost 40 percent of global military expenditures.

Assuming that the Trump administration set the new amount as a baseline going forward, over 10 years it would amount to $540 billion in additional spending. This eclipses the $337 billion that would ostensibly be saved were the AHCA to pass in its current form and remain in place.

And the CBO also finds that the vast majority of savings from the law will come after 2020, when the Medicaid expansion is rolled back. In fact, it wold add $56 billion to the deficit in its first three years: