Cost over a decade much higher than target President Obama has setWASHINGTON - Health care legislation taking shape in the House carries a price tag of at least $1 trillion over a decade, significantly higher than the target President Barack Obama has set, congressional officials said Friday as they struggled to finish work on the measure for a vote early next month.
Democrats have touted an unreleased Congressional Budget Office estimate of $871 billion in recent days, a total that numerous officials acknowledge understates the bill's true cost by $150 billion or more. That figure excludes several items designed to improve benefits for Medicare and Medicaid recipients and providers, as well as public health programs and more, they added.
The officials who disclosed the details did so on condition of anonymity, saying they were not authorized to discuss them publicly.
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7 comments:
We are spending much more on these needless wars. Most of you agreed that we needed to go to Iraq and Afghanistan (although most of the 9-11 hijackers came from Saudi Arabia, Bush's buddies) Bring our troops home and we can afford health care for all.
Has the government ever done anything that didn't cost way more than they said it would?
Please, don't laugh, but, if this bill is to create more affordable health care for all, why does it cost anything.
This projected cost over a ten year period seems to defeat the very purpose of the bill. Doesn't it?
Agree with 10:55...Obama should just take the wars off the books like Bush did. Than it would at least look like we could afford it.
Health care for all is long overdue, and it MUST include a public option.
I'm totally amazed by the people on this blog that just LOVE their insurance companies.
MD_Progressive
And if passed, it will go to triple that or more, just like everything else the federal government has implemented. They should stick to changing laws, not taking over business.
I'm two sided on this one. First of all free health care would be great I do not know anyone in this world that would turn down free health care. But at the same time I gotta ask myself, "Do I really want the government to have that kind of control?" I am a firm believer in the government should not be part of certain things and with that said is health care just the start?
To 10:40 FREE HEALTH CARE? Why is it that people think it is free because the government provides it. READ THE HEADLINE-it says a trillion dollars. That's $1,000,000,000,000 and will probably be more like $3,000,000,000,000 when it's all said and done. Do they just go pick these dollars off of the money tree in the white house garden? Wake up people!
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