Sunday, March 21, 2010
Obama order on abortion locks in health care votes
Depending on who you are listening to today, this bill will cost either $845 billion, $940 billion, $1 trillion, $2.3 trillion, or INFINITE dollars. In any case, this law will have a significant impact on the economy...I am confident it will be helpful, but good or not, the economy will have to change itself to retool to an overhaul of our health-care system.
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I think its interesting to note that according to the budget office, the new costs would be offset by savings in Medicare and by new taxes and fees that would mostly affect the most affluent. The Congressional Budget Office, states the bill would reduce federal budget deficits by $143 mil in the next ten years.
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