November 03, 2009
WASHINGTON -- The health care bill headed for a vote in the House this week costs $1.2 trillion or more over a decade, according to numerous Democratic officials and figures contained in an analysis by congressional budget experts, far higher than the $900 billion cited by President Barack Obama as a price tag for his reform plan.
While the Congressional Budget Office has put the cost of expanding coverage in the legislation at roughly $1 trillion, Democrats added billions more on higher spending for public health, a reinsurance program to hold down retiree health costs, payments for preventive services and more.
Many of the additions are designed to improve benefits or ease access to coverage in government programs. The officials who provided overall cost estimates did so on condition of anonymity, saying they were not authorized to discuss them.
House Speaker Nancy Pelosi has referred repeatedly to the bill's net cost of $894 billion over a decade for coverage.
"He will have to explain to the American people why his vision for bigger government, more spending, and higher taxes will work over the next four years when it hasn't worked in the past three and a half years.” – Sen. Rob Portman on President Obama
Apple's Cook Top-Paid US CEO in 2011: ReportApple chief executive Tim Cook topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $300 million above...
memeorandum: EXCLUSIVE: Here's The Inside Story Of What Happened On The Facebook IPO (@hblodget / Business... http://t.co/3V2TpbNk http://t.co/0yH0Ccyl
nytimes: Changes Planned at N.Y. Public Library Are Assailed http://t.co/ipvcYjbK
redstate: Like His Policies, His Attacks Are Not Working Either http://t.co/cpkjkIcC #TCOT #RS
redstate: Morning Briefing for May 23, 2012 http://t.co/7SQ12DUO #TCOT #RS
nytimes: Gaza Journal: Hamas-Run Schools in Gaza Set Out to Teach Hebrew http://t.co/DBdXbEJA