Monday, December 21, 2009

CBO: Real 10-Year Cost of Senate Bill Still $2.5 Trillion

Subject: txt 1st hcare -
With Obamacare, you get the good, the bad, and the ugly -- except for the first part.

The Congressional Budget Office's score is in for the final Senate health bill, and it's amazing how little Americans would get for so much.

The Democrats are irresponsibly and disingenuously claiming that the bill would cost $871 billion over 10 years.

But that's not what the CBO says. Rather, the CBO says that $871 billion would be the costs from 2010 to 2019 for expansions in insurance coverage alone. But less than 2 percent of those "10-year costs" would kick in before the fifth year of that span.

In its real first 10 years (2014 to 2023), the CBO says that the bill costs $1.8 trillion -- for insurance coverage expansions alone. Other parts of the bill would cost approximately $700 billion more, bringing the bill's full 10-year tab to approximately $2.5 trillion...

[But they're still saying {heard it again Friday} that this bill 'pays for itself'. Are we allowed to be insulted yet?]

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image toon - 1st hcare = 2.5T$ hot dog nearly free per CBO

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