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Old 03-22-2010, 02:50 PM   #138
Iowa_Flames_Fan
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Here's an interesting take on the cost of the bill:
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The $900 billion price tag is repeated with the regularity of a rooster's crow. That's a shame, as the number is, somewhat impressively, misleading in both directions. On the one hand, that $900 billion -- or, more precisely, $940 billion in the final legislation -- is stretched over 10 years. But people don't think in 10-year increments. They don't pay taxes once a decade. Put more simply, the bill will cost an average of $94 billion a year over the first 10 years.
But that's not quite right either: The bill wouldn't really kick in until 2014. To get a more accurate annual figure, look at a year in which the bill is fully operational. In, say, 2016, the bill's spending will be about $160 billion (you can find these numbers on page 22 of the CBO report). According to the Center for Medicare and Medicaid Services, total health-care spending that year will be about $3.7 trillion. In other words, the bill's spending is equivalent to about 4 percent of what we'll spend in health care in a year, and it will be covering 30 million people.
Food for thought. Article is here: http://voices.washingtonpost.com/ezr...ll_really.html
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