U.S. President Barack Obama receives applause after signing into law the Veterans Health Care Budget Reform and Transparency Act at the White House in Washington October 22, 2009. REUTERS/Kevin Lamarque (UNITED STATES POLITICS)
Posted on 10/23/2009 3:13:34 PM PDT by NormsRevenge
WASHINGTON – Health care legislation taking shape in the House carries a price tag of at least $1 trillion over a decade, significantly higher than the target President Barack Obama has set, congressional officials said Friday as they struggled to finish work on the measure for a vote early next month.
Democrats have touted an unreleased Congressional Budget Office estimate of $871 billion in recent days, a total that numerous officials acknowledge understates its true cost by $150 billion or more. That figure excludes several items designed to improve benefits for Medicare and Medicaid recipients and providers, as well as public health programs and more, they added.
The officials who disclosed the details did so on condition of anonymity, saying they were not authorized to discuss them publicly.
Some moderate Democrats have expressed reluctance to support a bill as high as $1 trillion. Last month, Obama said in a nationally televised address before a joint session of Congress that he preferred a package with a price tag of around $900 billion.
(Excerpt) Read more at news.yahoo.com ...
vey series!!!
U.S. President Barack Obama receives applause after signing into law the Veterans Health Care Budget Reform and Transparency Act at the White House in Washington October 22, 2009. REUTERS/Kevin Lamarque (UNITED STATES POLITICS)
A trillion is only slightly higher than "deficit neutral".
Iz weez 2 big tah FAYL?#$??@??
A trillion bucks over a decade? Right, when was the last time a gov’t entitlement program came in at it’s projected budget?
It’ll be more like 10 trillion over a decade...if not more. Welcome to the 2nd world...on the way to turd world status.
That depends on what your definition of “is” is.
The more the better... it's about time those rich people with jobs do their fair share in suporting needy liberals.
It better not be one penny over $1,000,000,000,000
or at least not over a trillion and a half. Worst case scenario, 2 trillion but, that is the final number. Well, maybe 2.5 trillion, but that’s really the final number....unless...............
Is that supposed to be his “I’m a serious pres__ent” face?
LOL. Not to worry, I'm sure if they set their minds to it and can drive it to 2 trillion or more with a little thought and planning even before it's implemented. It's alright - that's what taxes are for. We ought to be bankrupt and fully 3rd world (with the elite still holding their positions, of course) in no time, so don't worry about all ten years, it won't be necessary to 'plan' out that far...
Disbelievers off to reeducation camp, 25 miles southwest of the "salt mines"!
Those who believe, pay up!
Regards,
Barrack
Agreed, we need to keep this thing in check and make sure it maintains "lesser of two evils" status!
That means in reality it will exceed $8 trillion.
Go ahead Democrats. Make my day.
I was thinking that he just farted ..and his minions were obligatorily smiling through the methaneous gassing of their olfactory senses.
That means, it’s really at least $4T.
VISA welcomes you ! be sure to keep up your monthly "payment in vain"
Multiply 1 trillion times 2 or 2 1/2.
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