November 19, 2009

‘Hi, I’m Government Healthcare’ (UPDATE: CBO Weighs In)

Filed under: Economy, Health Care, Taxes & Government — TBlumer @ 2:36 pm

Given the time frame, this is well-done (HT Conservative Blog Watch):

The long version, all 2,074 pages of it, is at this PDF link originating at this post at The Hill.

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UPDATE: Nobody with a brain ever believed it anyway, but the core claim about cost savings at The Hill link just cited (”The Congressional Budget Office [CBO] has estimated that it will cost $849 billion over ten years, will reduce the deficit by $127 billion and would cover 31 million Americans”) has already been nuked by the CBO itself (HT Hot Air) –

CBO estimates that enacting both H.R. 3961 and H.R. 3962 would add $89 billion to budget deficits over the 2010–2019 period. That amount is about $12 billion less than the sum of the effects of enacting the bills separately.

It’s also a $216 billion swing (from +$127 to -$89).

I have a feeling Doug Elmendorf at CBO is just warming up.

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