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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (587438)9/25/2010 12:45:51 PM
From: d[-_-]b1 Recommendation  Read Replies (3) | Respond to of 1576881
 
so far all we have is the CBO telling us that the bill will reduce the debt

They're estimates are politically influenced based on assumptions that change during the writing of the bill and have a solid record of being wildly short of the true cost.

Now the bush prescription drug bill? That was unfunded...

The new plan was written by the same industry and will be the same but worse in terms of size and deficit.

The Congressional Budget Office has already adjusted the cost for ObamaCare since it passed, adding another $115 billion to the taxpayer’s tab. The Centers for Medicare and Medicaid Services has adjusted upwards its cost prediction since the bill took effect from 6.1% per year to 6.3%. By 2019, U.S. spending on health care will reach $4.6 trillion.