Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

Health overhaul law potentially costs $115B more, making the ten year total OVER ONE TRILLION DOLLARS?!

WASHINGTON – President Barack Obama's new health care law could potentially add at least $115 billion more to government health care spending over the next 10 years, congressional budget referees said Tuesday.

If Congress approves all the additional spending called for in the legislation, it would push the ten-year cost of the overhaul above $1 trillion — an unofficial limit the Obama administration set early on.

The Congressional Budget Office said the added spending includes $10 billion to $20 billion in administrative costs to federal agencies carrying out the law, as well as $34 billion for community health centers and $39 billion for Indian health care.

The costs were not reflected in earlier estimates by the budget office, although Republican lawmakers strenuously argued that they should have been.

Where is the money going to come from?

 
Anonymous

Asked by Anonymous at 7:00 PM on May. 11, 2010 in Politics & Current Events

This question is closed.
Answers (9)
  • There are so many costly suprises in this bill, I doubt congress will ever fund it.
    Carpy

    Answer by Carpy at 7:09 PM on May. 11, 2010

  • http://news.yahoo.com/s/ap/20100511/ap_on_bi_ge/us_health_overhaul_costs


    Another late disclosure about the health care bill.  The one no one read. 

    Anonymous

    Answer by Anonymous at 7:01 PM on May. 11, 2010

  • If this does not summarize the Democrats problem, nothing will.

    Too funny!

    Speaking on health care Monday, Senator Diane Feinstein said,

    "I've gotten 90,000 emails and faxes on the health care bill and over 85,000 of them are against it. After all the debate we've had,
    I can't believe so many people still don't get it!"
    Anonymous

    Answer by Anonymous at 7:08 PM on May. 11, 2010

  • So tell me something that's supposed to be a surprise. Social Security, Fannie Mae, and any other government run program, when did we not hear of it getting outrageously out of control. This is why those in the know did not want this bill. It isn't that we don't want health care for people, it's just the simple fact that government programs, thus far, have never shown control over the spending and control over where the dollars and equipment are placed. It is mismanagement at the highest level!
    Anonymous

    Answer by Anonymous at 7:09 PM on May. 11, 2010

  • We are already hearing from employers who will see another 7-12% added cost to their group coverage of 26 yr olds still supported by mom and pop. It's foolish to believe employees won't spit this cost under dependent coverage. We'll hear from Pelosi and crowd that this can come out of Medicare. Of course, it won't want to be discussed before the election because most of the 55 million AARP members vote. Sure don't want the seniors to retaliate anymore than they are going to. Democrats are toast in November.
    Anonymous

    Answer by Anonymous at 7:10 PM on May. 11, 2010

  • Gee, it's going to cost more THAN ESTIMATED? Everyone who is surprised, raise your hands!

    Everyone who still believes it will lower the deficit, pull you head out of the sand.
    mancosmomma

    Answer by mancosmomma at 7:19 PM on May. 11, 2010

  • Too bad Pelosi, Reid and OBAMA lied about the real cost of this bill. 


    2012 can't come soon enough for me.  Let's make it a Democratic Armageddon.

    Anonymous

    Answer by Anonymous at 7:35 PM on May. 11, 2010

  • Too bad Pelosi, Reid and OBAMA lied about the real cost of this bill.


    2012 can't come soon enough for me. Let's make it a Democratic Armageddon.


    Let's make it a Democratic Armageddon THIS FALL in the "midterm" elections! Historically, people don't tend to come out in large numbers in between Presidential races but if you're frustrated that Congress isn't listening, you need to vote this up coming November.
    eema.gray

    Answer by eema.gray at 8:19 PM on May. 11, 2010

  • LOL, mancos. You always say it so well.
    QuinnMae

    Answer by QuinnMae at 9:00 PM on May. 11, 2010

close Cafemom Join now to connect to other members! Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN