The Congressional Budget Office estimates that:
- 1. Under the bill, the share of legal nonelderly residents with insurance coverage would rise from about 83 percent currently to about 96 percent.
2. The net cost of this bill will be $891 billion by 2010.
That's nearly 900 BILLION DOLLARS to insure 13% of the population! If that isn't stupid enough, the bill mandates that everyone have $15,000 in health insurance or pay a fine to the IRS, or go to jail.
The bottom line here is, this isn't really about health care. Anybody who who says it is is either a fool or a liar.
Which one is Congressman Cleaver?
Great news! It turns out that the HR 3962 will actually reduce the deficit by $109 BILLION, according to the CBO. I found that on the first page of the document you link to. Looks like if there is a liar or a fool around here, it's not Cleaver.
ReplyDeleteYes Dan, I made an error in my choice of words. It is corrected. I stand by the rest of the story.
ReplyDelete