Jeffrey Anderson of the Pacific Research Institute, who has been writing scintillating criticisms of the Democrats’ proposed health care bills, has prepared a chart showing the true 10-year cost of the bill currently before the Senate.
As the chart makes clear, the costs of this legislation do not kick in in any significant way until 2014, and so the real 10-year cost—as opposed to the 10-year cost that the Congressional Budget Office, pursuant to its legislative charter, estimated—is $1.8 trillion for the 10-year period for 2014 to 2023. Let me spell that out: $1,800,000,000,000.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
A picture can be worth 2,000 pages
Michael Barone
Jeffrey Anderson of the Pacific Research Institute, who has been writing scintillating criticisms of the Democrats’ proposed health care bills, has prepared a chart showing the true 10-year cost of the bill currently before the Senate.
As the chart makes clear, the costs of this legislation do not kick in in any significant way until 2014, and so the real 10-year cost—as opposed to the 10-year cost that the Congressional Budget Office, pursuant to its legislative charter, estimated—is $1.8 trillion for the 10-year period for 2014 to 2023. Let me spell that out: $1,800,000,000,000.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.