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Learn How New Health Care Policy Will Affect You

The Senate Health Bill: True Cost is $4.9 Trillion

Posted November 20th, 2009 at 11:20am in Health Care 6 Print This Post Print This Post

As we mentioned this morning, nobody believes that Congress will follow through on the health care spending cuts used to help pay for the Reid Health Bill. At NRO, Ethics and Public Policy Center fellow James Capretta combs through the CBO report and delivers a true price tag for the Reid Bill:

So, here’s the bottom line. On paper, the Reid plan plus the “doc fix” would increase total federal spending by about $4.9 trillion over 20 years. Senate Democrats would resort to bracket creep and other tax hikes to raise $2.2 trillion over the same period. The balance would be made up with spending reductions, mainly in Medicare, that no one believes can be sustained, and in any event do not constitute “health reform.” In other words, it’s a tax-and-spend bill of the highest order. And only the spending is certain to happen.

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Conn Carroll Author: Conn Carroll

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6 Responses to “The Senate Health Bill: True Cost is $4.9 Trillion”

  1. J.C. Hughes, Texas on November 20th, 2009 at 11:20am said:

    “Houston, we have a problem” My exact thoughts with the senate’s proposed public health plan. It’s an enormously looming ‘man made disaster’. Rather than letting off the controls so our nation can right itself, they’re going to drive America straight into the ground. They’re forcing states to consider bailing if they expect to survive the crash. Governors take heed!

  2. Paullette, Asia on November 20th, 2009 at 11:20am said:

    Kill it before it kills us. How do we stop this Democratic monster!

  3. doug, maryland on November 20th, 2009 at 11:20am said:

    this is absolutely the biggest mistake. so we are going to pay for only about 20 million uninsured. at a cost of 4.9 trillion I guess are say does not matter. big question is. are members of congress willing to go with a gov’t health plan if they know what is good for america.

  4. Earl, QUEENS, NY on November 20th, 2009 at 11:20am said:

    I heard some of this on the radio the other night. From what I heard, I say we certainly must commend John McCain for speaking out against the Senate dummocrats for their 11/21/09 vote on the health care debate. Didn’t he compare them to Bernie Madoff? That is- Madoff is in jail for doing something similar to what the Dummocrats want to do with our healthcare? However, it is unfortunate that McCain wasn’t so bold during the 2008 campaign. Had he been more outspoken and aggressive last year, perhaps we wouldn’t have such a leftwing radical Marxist in the White House today.

  5. Jim Wilson Dallas Texas on November 20th, 2009 at 11:20am said:

    Dear J.C.,

    Unfortunately, the definition of a government proposal these days is “an enormously looming man-made disaster”! This congress makes Katrina look like a gentle breeze!!!

  6. Freedom of Speech, TX on November 20th, 2009 at 11:20am said:

    The ironic thing is that the perpetrators of this economic and fiscal crime against the American Taxpayers will be long gone by the time the REAL IMPACT is realized.

    They will be multi-millionaires with nice fat pensions, and secure both in home and person.

    Many will undoubtedly become lobbyists and further fatten their personal fortunes. All of those government contacts DO come in handy, don’t they?

    The worst thing is that they will blame everyone but themselves for destroying the opportunity for millions.

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