Chart: The Real 10 Year Cost of Reid's Health Care Bill Is $1.8 Trillion
The Weekly Standard: Harry Reid and his fellow Democrats claim that the cost of the Senate's health care bill is $849 billion over the first ten years. But, as Jeffrey Anderson pointed out in the New York Post on Friday, they get this figure by using "the same accounting trick as past versions: 99 percent of the costs don't kick in until the fifth year of that "10-year" period. The true 10-year costs are well over twice what Reid's advertising: $1.8 trillion."
Here's a chart Anderson made using CBO projections to show that the Senate health care bill costs $1.8 trillion during the first ten years that the program is up and running (download the PDF here)...
Here's a chart Anderson made using CBO projections to show that the Senate health care bill costs $1.8 trillion during the first ten years that the program is up and running (download the PDF here)...
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