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Thursday, November 26, 2009

HIDING HEALTH REFORM'S REAL COSTS -- IBD Editorial


Washington: Senate Democrats say their reform bill will cost $848 billion over 10 years. They're misleading the public by starting the count in 2010. The true cost would be $1.8 trillion over a decade.

The $848 billion figure is based on a 10-year run beginning in 2010 when there will be little, if any, spending — even though the taxes that fund the new welfare state program will begin the next year. In fact, only 1% of the spending will come


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