Thursday, March 18, 2010

That pesky CBO

This just in From Ezra Klein on the cost of the Health care bill----
According to a Democratic source, CBO has finished its work and will release the official preliminary score later today. But here are the basic numbers: The bill will cost $940 billion over the first 10 years and reduce the deficit by $130 billion during that period. In the second 10 years -- so, 2020 to 2029 -- it will reduce the deficit by $1.2 trillion. The legislation will cover 32 million Americans, or 95 percent of the legal population.


My Dear Citizens:
The poor CBO has been used by friend and foe alike to justify their arguments concerning Health Care reform.  In the next few days it will be interesting to see the spin opponents of Health care reforms will say about this latest analysis.--I will bring it to you if I can.
Be well
A Journeyman

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