Democrats’ $1-Trillion Health Care Plan to Cost 23 Million Americans Their Private Insurance, CBO Says
(CNSNews.com) - The Congressional Budget Office (CBO) reports that a government overhaul of America’s health care system would cost at least $1 trillion and would mean the loss of private coverage for an estimated 23 million Americans, according to a preliminary analysis issued Tuesday.
Leading Democrats, however, say the CBO’s numbers do not take into consideration the savings that the plan apparently would create. They say some of the costs could be covered by taxing certain “unhealthy” foods, such as sugar.
The overhaul is based on the plan put forward by Sen. Edward Kennedy (D-Mass.) and is being promoted by Sen. Christopher Dodd (D-Conn.), given Kennedy's illness.
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Leading Democrats, however, say the CBO’s numbers do not take into consideration the savings that the plan apparently would create. They say some of the costs could be covered by taxing certain “unhealthy” foods, such as sugar.
The overhaul is based on the plan put forward by Sen. Edward Kennedy (D-Mass.) and is being promoted by Sen. Christopher Dodd (D-Conn.), given Kennedy's illness.
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