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Re: Public option for healthcare
Old 07-18-2009, 04:50 PM   #14
Bond
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Default Re: Public option for healthcare

The Democratic health care bill appears to not be deficit neutral (as claimed), according to the CBO:

Quote:
House Democratic legislation overhauling the nation's health care system would add more than $230 billion to the federal budget deficit over the next ten years, according to the Congressional Budget Office, the official scorekeeper of legislation on Capitol Hill.

That assessment means the legislation violates one of main principles that President Barack Obama has set for any health-care legislation: that it do nothing to increase the deficit. The report is likely to increase doubts that centrist Democrats have expressed about the $1 trillion package, and could stall action in the House.

The $239 billion gap is identified in a report sent late Friday by CBO to House Democrats. CBO analyzed the House bill as it was brought before the Ways and Means Committee.

Source: WSJ
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