Senate Budget Staff: House Dems' Fully Implemented Health Bill to Cost $3 Trillion

From Sandra Fabry on Monday, November 9, 2009 12:19 PM

The following was originally posted at www.fiscalaccountability.org

This weekend, after casting previous no-tax-increase promises on the part of the President and transparency promises by Speaker Pelosi aside, the House of Representatives narrowly passed the Democrats' monstrosity of a health bill at a vote of 220 to 215. One in seven Democrats and all but one Republican opposed the bill.

Meanwhile, the Republican Senate Budget Committee staff has updated the cost estimate for the "fully implemented" House Democrat bill, and puts the cost at a staggering $3 trillion. From the press release they sent out:

Over the first 10 years, this legislation builds in gross new spending of $1.7 trillion – and most of the new spending doesn’t even start until 2014. Once that spending is fully phased in, the House Democratic bill rings up at more than $3 trillion over ten years.

Here's the breakdown.

Permalink | Email | Print | Tags: HEALTHCARE, CONGRESS, SPENDING, OBAMA

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Why has'nt anyone try to put Obama out of office?????.
>> Joyce Monday, November 9, 2009 3:17 PM Report Comment

The United States Congress seems to like to get voted into office and then spend the taxpayers money any way they see fit. Instead, the taxpayer should be sending a Tax Expenditure Allowance to congress directing them where each taxpayer wants their taxes they pay spent. A simple form to send in to Congress giving them an allowance to spend on each Department and Program according to your desires. http://www.braindeadrepublican.com/knowledge/Tax+Expenditure+Allowance
>> Michael Tuesday, November 10, 2009 9:07 PM Report Comment

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Senate Budget Staff: House Dems' Fully Implemented Health Bill to Cost $3 Trillion

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