Friday, October 9, 2009

So what does the CBO really mean?

Like how much the health care package is going to cost. I heard a ten year cost of $830 billion or so over ten years. That's a little less than a trillion, but not all that much less. But now it is "deficit neutral" what ever that means. How did that happen? And how realistic are the CBO numbers? Do they require impossible acts of Congress to work?
And over what period of time? I heard the Healthcare bill even if passed doesn't start paying off until 2012 where as the extra taxes/fees/whateveryoucallem kick in next week. Do we get four years of higher costs before we see any benefits?

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