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Politics : A US National Health Care System?

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To: Lane3 who wrote (10377)10/12/2009 11:00:56 AM
From: i-node  Read Replies (1) of 42652
 
I've always thought the CBO was pretty fair in their scoring of bills, but it seems they, too, have resorted to misleading tactics with this legislation.

The goal, of course, was to come in under a trillion, and preferably less than the 900B of one of the earlier House bills.

How'd they do that? Accounting tricks.

While CBO scored the bill for a 10 year period, the substantial provisions of the bill would go into effect in YEAR 4 of the CBO's scoring period. Thus, there is little cost for the first 3+ years. The $829B is, in effect, for a 6-7 year period -- which puts the TRUE COST for 10 years at something beyond 1.1 Trillion -- if the average means anything at all.

At any rate, the 829B understates the cost of this turkey pretty massively. I suspect this difference is minor compared to the shortfall that will result from government's plans to "save money" by eliminating waste in current programs, however.
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