Archive for May 20, 2010

The Skyrocketing Cost of the National Health Insurance Reforms

This week, Doublas W. Elmendorf, the director of the CBO, sent Representative a letter indicating that the bill would cost even more. The CBO analysts found another $115 billion that needed to be added to the cost of the bill. Good-bye $1 trillion ceiling. The revised estimate puts the total cost of the bill for the initial ten years at $1.05 trillion. But what’s $115 billion between friends?

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