November 03, 2009
The health care bill headed for a vote in the House this week costs $1.2 trillion or more over a decade, according to numerous Democratic officials and figures contained in an analysis by congressional budget experts, far higher than the $900 billion cited by President Barack Obama as a price tag for his reform plan.While the Congressional Budget Office has put the cost of expanding coverage in the legislation at roughly $1 trillion, Democrats added billions more on higher spending for public health, a reinsurance program to hold down retiree health costs, payments for preventive services and more.
Keep in mind these are the purposefully low-balled estimates. Invariably government-mangled programs end up costing ten to twenty times as much as proposed once implemented.
The cost of government-rationed health care has ballooned from $900,000,000,000 to $1,200,000,000,000—over $300 billion—in less than a week, without ever leaving paper... just imagine how bad it will get if it ever becomes law.
Posted by: Confederate Yankee at
09:56 AM
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