Tuesday, June 16, 2009

Kennedy--Dodd health care plan will expand deficit by $3 billion

First let me turn to Reuters:

A U.S. Senate panel proposal to expand healthcare coverage would increase the federal deficit by about $1 trillion over 10 years and still leave millions without insurance, a congressional analysis said on Monday.

The Congressional Budget Office (CBO) said its calculations were preliminary and stressed that the Democratic-sponsored legislation was still being drafted.

The "trillion dollar" legislation is the Kennedy-Dodd bill.

But this morning, Fox News' Stuart Varney explained that once the cost of all of the previously uninsured is figured into the estimates, he said the deficit $3 billion.

Still more change I can't believe in.

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