http://www.cnsnews.com/news/article/55398
“Finance Committee Health Bill Includes $507 Billion in New Taxes and Fees”
Tuesday, October 13, 2009
By Matt Cover
SNIPPET: “(CNSNews.com) – The health-care bill that the Senate Finance Committee will vote on today will cost a total of $829 billion over 10 years, with $507 billion of that cost being covered by new federal taxes and fees, according to the Congressional Budget Office (CBO).
On Oct. 7, the CBO released a report on the budget impact of the “chairman’s mark” summary of the bill that the Finance Committee is set to vote on today. Based on the document it was given, the CBO found that the bill would reduce the federal budget deficit by $81 billion over 10 years. That estimate was based on the calculation that, if enacted, the bill would bring in $480 billion in new tax revenues and $27 billion in fees.
These new taxes and fees include:”
Billions, billions, billions, hundreds of billions...
UPDATE:
“The Senate reform fraud”
By JEFFREY A. ANDERSON
Last Updated: 2:51 AM, October 14, 2009
Posted: 2:31 AM, October 14, 2009
SNIPPET: “In its second decade alone, the CBO projects, the bill’s costs would triple — to $2.8 trillion. The taxes and fines it levies would also triple — to $1.8 trillion. And its cuts to Medicare and related federal health programs would quadruple — to $1.9 trillion.
In its first two decades combined, the bill would cost $3.6 trillion and would raise taxes by $2.3 trillion.”
SNIPPET: “Furthermore, the CBO projects that, by the end of 2030, the Baucus bill would have cut spending on Medicare and other existing health programs by more than $2.6 trillion.”