Saturday, March 13, 2010
Deficit Hawks Should Vote for Health Care Reform
Here is the latest assessment of the Senate health care reform bill from the Congressional Budget Office. If enacted, the legislation would reduce the federal deficit by an estimated $118 billion during its first ten years, and an estimated $600 billion over its second ten years. As Ezra Klein notes in this morning's Washington Post (here), the bill would extend health care coverage to an additional 30 million people, but on the CBO's projections, would result in less total spending on health care than no reform.