Sources: House health bill totals $1.2 trillion
By Associated Press
Monday, November 2, 2009 -
Monday, November 2, 2009 -
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ShareWASHINGTON — 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.
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"The officials who provided overall cost estimates did so on condition of anonymity, saying they were not authorized to discuss them" - WHY IS THE GOVERNMENT TRYING TO HIDE THIS INFORMATION?
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Report AbuseOh, and $1.2Billion will go up, not down, when the providers and insurers get their grubby meathooks into it.
It is not the time or the place for this disastrous boondoggle. Even the lefties have figured it out -- its going nowhere.
i hope "health care" will include food and housing in this bill cause if those are the preliminary cost estimates nobody who works for a living will have enough left over to buy their own anymore
Hey, no problem! Comrade Obama will simply shift the Treasury printing presses into overdrive! The dollar will be worth 10 cents and foreign markets will still not buy American goods because WE DON'T MAKE ANYTHING HERE ANYMORE!!
why should the politicians care about the cost it aint their money
This is simply SCARY!! If they estimate 1.2 trillion, what will it really cost in the end?
Just like the Big Dig and the I-93 expansion in NH, whatever Government (Federal, State, Local ) say something is going to cost, you better multiply that by 2-3 times...at least!
mo money MARRAKESH, Morocco, Nov 3 (Reuters) - The United States will deliver on President Barack Obama's promise of a "new start" with the world's Muslims, offering fresh programmes to promote entrepreneurship, economic development and education, Secretary of State Hillary Clinton said on Tuesday.
Clinton, speaking to a development forum in the Moroccan city of Marrakesh, said the programmes would also aim to encourage scientific and technical collaboration, women's empowerment and cooperation between faiths.
Clinton's speech was billed as a follow-up to Obama's June address in Cairo in which he promised to seek a new start to troubled U.S. relations with the Islamic world. (Reporting by Andrew Quinn; Editing by Louise Ireland)
Clinton, speaking to a development forum in the Moroccan city of Marrakesh, said the programmes would also aim to encourage scientific and technical collaboration, women's empowerment and cooperation between faiths.
Clinton's speech was billed as a follow-up to Obama's June address in Cairo in which he promised to seek a new start to troubled U.S. relations with the Islamic world. (Reporting by Andrew Quinn; Editing by Louise Ireland)
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