“Senate Finance Committee Chairman Max Baucus (D-Mont.) recently told reporters that the bipartisan health reform bill he’s negotiating would cost just $900 billion over 10 years. Don’t bet on it.”
“Democrats are using smoke and mirrors to hide the impact of their health plans. Existing estimates, therefore, reflect only a fraction of the total cost. With a little hustle, however, fiscally responsible members of Congress can bring the full costs to light.”
“First, Congress should ensure that the nonpartisan Congressional Budget Office includes all new state and private-sector spending, as well as new federal spending, in the total cost of each bill.”
Full analysis by Michael Cannon @ http://www.cato.org/pub_display.php?pub_id=10439