Monday, March 22, 2010

Health Care Reform - The Real Bill

The Real Arithmetic of Health Care Reform
The answer, unfortunately, is that the budget office is required to take written legislation at face value and not second-guess the plausibility of what it is handed. So fantasy in, fantasy out.
The bottom line is that the CBO "estimate" that the deficit will be reduced by $138 billion is wrong.  In reality this "reform" adds $562 billion to the deficit in the first 10 years.  Read the article for the full explanation, then weep, then get mad.

TTBO

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