Saturday, March 20, 2010

CBO Confirms Healthcare Bill Will INCREASE Deficit

This post to the US Chamber's blog provides excerpts of the Congressional Budget Office's response to inquiries from Congressman Paul Ryan about apparent accounting gimmicks in the latest healthcare reform bill expected to be voted on in the House tomorrow. The non-partisan CBO confirms that the current bill is likely to add to the deficit once highly questionable assumptions are removed from consideration. There is little to no evidence that anything good will come out of this bill passing tomorrow.

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