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Dec 4, 2009
This is from Joe Antos (AEI):
- The total amount of new federal health spending in the bill in addition to the cost of expanding health insurance coverage is $1.2 trillion.
- The CBO estimate assumes that Congress will cut Medicare payments to physicians by $245 billion over the next decade — cuts that will never happen.
- The bill includes at least an additional $150 billion cut in payments to Medicare and Medicaid providers that will never occur.
2 Responses to “Actual Cost of the Senate Health Bill: $1.6 Trillion, Not $848 Billion”
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Helium
December 4th, 2009 at 12:50 pm
This means the real cost is double what we have been told.
December 4th, 2009 at 1:15 pm
No surprise. I’m surprised, however, that anyone else is surprised.