The real 10 year cost estimates of House and Senate bills... $1.8 & $1.7 trillion

New York Post ^ | November 5, 2009 | BENJAMIN E. SASSE & JEFFREY H. ANDERSON

[RonnieFan]

Per Article entitled, Prescriptions for disaster.

"If you start the tally when the bills' spending would actually start (in 2013 for the House bill and 2014 for the Senate bill), then the bills' real 10-year costs become clear -- and are remarkably similar.

The CBO reports that, in their true first 10 years, the House bill would cost $1.8 trillion, and the Senate bill would cost $1.7 trillion. Pelosi would raise Americans' taxes by $1.1 trillion over that period, while Reid would hike them by $1 trillion."

See link for full article.

"And the House bill would siphon about $800 billion from Medicare to spend it elsewhere, while the Senate bill would suck out about $900 billion.

So the financial bottom lines are almost the same."