Friday, January 14, 2011

Health Budget Illogic at the CBO

Diana Furchtgott-Roth, RealClearMarkets
WASHINGTON--Hold onto your budget scorecards. With the House of Representatives likely to vote next week on H.R. 2, Repealing the Job-Killing Health Care Law Act, the Congressional Budget Office has announced that eliminating this 2010 Democratic entitlement program for 32 million uninsured people will cause the deficit to increase by $230 billion over the next decade. With such logic, we could cut the deficit by passing a new entitlement program. Indeed, we could solve the whole budget problem by passing new entitlement programs every day of the year.It doesn't take an economist to know...

Source: http://www.realclearmarkets.com/articles/2011/01/13/extreme_budget_illogic_at_the_cbo_98828.html

Harper, Gregg Hastings, Alcee L. Hastings, Doc Heinrich, Martin Heller, Dean

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