Saturday, May 15, 2010

The Health Care Reform Already Costs More Than We Thought It Would

Yeah, I know, what a shocker.

Meanwhile, the CBO just came out and said that the health care reform was slated to cost $115 billion more than they said it would. Why? Because they didn't have time to calculate the effects on discretionary spending such as new administrative capacity, demonstration projects, and continuation of successful short-term initiatives. As my fiance notes, Olympia Snowe's demands to slow down the process suddenly seem a lot more reasonable.

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