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CBO: Health care bill to cost $829 billion

hypocritexposer

Well-known member
An example of playing with the numbers?

The reform won't take effect until 2013, but the $829 Billion is spread over 10 years, or 2019.

The actual costs would be $110B/year, not $82.9B

CBO: Health care bill to cost $829 billion
Measure would cut federal deficit by $81 billion in 10 years, experts say

WASHINGTON - Health care legislation drafted by a key Senate committee would expand coverage to 94 percent of the eligible population at a 10-year cost of $829 billion, congressional budget experts said Wednesday in a preliminary estimate.

The Congressional Budget Office added that the measure would reduce federal deficits by $81 billion over a decade and probably lead to "continued reductions in federal budget deficits" in the years beyond.

The report paves the way for the Senate Finance Committee to vote as early as Friday on the legislation, which is largely in line with President Barack Obama's call for the most sweeping overhaul of the nation's health care system in a half-century.

http://www.msnbc.msn.com/id/33214558/ns/politics-health_care_reform/
 
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