The Congressional Budget Office has estimated that House
Democrats' changes to the health care system would add $89
billion to federal deficits over 10 years.
At the request of Rep. Paul Ryan, the CBO analyzed the
budgetary effects when the health care legislation that passed in
the House earlier this month is combined with the costs of the
$210 billion so-called "doc fix" bill that would prevent
scheduled cuts to physician payments under Medicare.
It found that the bill would add $89 billion to deficits from
2010 to 2019, and increase deficits even more over time.
On a longer-term basis (which it cautions is harder to project),
"the combination of the two bills would increase the budget
deficit in 2019 by $23 billion relative to current law. Those
increments would grow during the following decade."
It's no surprise, then, that Democrats have split the measures
into two bills, to create the appearance that the overall health
care effort will be deficit reducing.
tj| 11.19.09 @ 3:42PM
VOTE EM ALL OUT 2010/2012