Wednesday, May 12, 2010

healthcare already costs more!

how long has it been since the healthcare reform bill was signed into law...7 weeks? and now we hear from the CBO a revised estimate about the cost. yup, the CBO underestimated the costs in their original report and are now saying it will be $115 billion more costly.

Congressional Budget Office estimates released Tuesday predict the health care overhaul will likely cost about $115 billion more in discretionary spending over ten years than the original cost projections.

The additional spending — if approved over the years by Congress — would bring the total estimated cost of the overhaul to over $1 trillion.


we havent even implemented this reform yet. how many more times do you think this estimate will be revised? mrs pelosi was right, we did need to pass the bill in order to see what was in it.

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