Health Care Price Tag

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Posted by Tina

“Chart: Total 10-Year Cost of Reid Bill is $2.5 Trillion,” by Jeffrey H. Anderson, The Blog – The Weekly Standard

Senate Republicans have just released an outstanding chart highlighting the accounting games that Democrats are playing with the costs of their proposed health-care overhaul. The Democrats assert that their Senate bill would cost $848 billion over ten years. But Congressional Budget Office projections show that only 1 percent of those costs would kick in prior to the fifth year of what the Democrats are calling the “first 10 years.” In the bill’s true first 10 years (2014 to 2023) — that is, in the first 10 years in which it would be operational to any meaningful extent — the CBO projects that the bill would cost $1.8 trillion. ** But it gets even worse.

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