CBO says Obama’s health plan not detailed enough to score

The White House claims that the president’s proposal will reduce the budget deficit by $100 billion over the next 10 years and by about $1 trillion over the second decade by eliminating waste, fraud and abuse and cutting “government overspending.”

But the CBO said it is not able to verify those claims. Here is more from the CBO’s Director’s Blog:

Although the proposal reflects many elements that were included in the health care bills passed by the House and the Senate last year, it modifies many of those elements and also includes new ones. Moreover, preparing a cost estimate requires very detailed specifications of numerous provisions, and the materials that were released this morning do not provide sufficient detail on all of the provisions. Therefore, CBO cannot provide a cost estimate for the proposal without additional detail

Read more; The Hill


February 22, 2010 - Posted by | Uncategorized | ,

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