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United States News
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Title: Repealing healthcare law would cost $210 bln: CBO
Source: Reuters
URL Source: http://uk.reuters.com/article/2011/ ... care-cbo-idUKTRE71H77N20110218
Published: Feb 19, 2011
Author: Reuters
Post Date: 2011-02-19 21:12:49 by go65
Keywords: None
Views: 231
Comments: 1

Repealing the U.S. healthcare law enacted last year would add $210 billion to the nation's deficit over the next decade, congressional auditors said on Friday.

The Congressional Budget Office said enactment of a House of Representatives measure last month to scrap the healthcare overhaul would eliminate a number of provisions aimed at reducing federal healthcare costs as well as strip out new revenue-creating taxes and fees.

Republicans, who now control the House, campaigned on repealing the law, one of Democratic President Barack Obama's main legislative victories. Despite the vote in the House, the repeal was largely symbolic as neither the Democratic-led Senate nor Obama support it.

The CBO, along with the Joint Committee on Taxation, earlier estimated the law would save the federal government $124 billion between 2010, when the law was passed, and 2019. Its $210 billion cost increase estimate on Friday covers a slightly different period -- 2012 to 2021.

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#1. To: go65 (#0)

Repealing healthcare law would cost $210 bln: CBO

LMAO!!!!!

Your propaganda gets more and more funny, as your desperation takes hold...

Socialist ass-hats think "There will be no more money when the U.S. dollar has no value, until that time we can keep printing more." And yes, that IS from LF's answer to Ben Bernanke, go65, leading disfunctional and delusional socialist of the forum.

"You want me to kill THE ENEMIES of Jappos, I'll kill THE ENEMIES of Jappos, Rebs, or Sioux, or Cheyenne... For 500 bucks a month I'll kill whoever you want. But keep one thing in mind: I'd happily kill you for free." Algren, "The Last Samurai"

Capitalist Eric  posted on  2011-02-19   21:46:46 ET  Reply   Trace   Private Reply  


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