Sunday, March 21, 2010

The Real Arithmetic of Health Care Reform

The Real Arithmetic of Health Care Reform -
"Could this really be true?
How can the budget office give a green light to a bill that commits the federal government to spending nearly $1 trillion more over the next 10 years?

The answer, unfortunately, is that the budget office is required to take written legislation at face value and not second-guess the plausibility of what it is handed.

So fantasy in, fantasy out.

In reality, if you strip out all the gimmicks and budgetary games and rework the calculus, a wholly different picture emerges:

The health care reform legislation would raise, not lower, federal deficits, by $562 billion."

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