“Sen. Max Baucus’s (D-MT) health care overhaul would cost more than $2 trillion. It would expand the deficit. But he has carefully and methodically hidden those facts – so well that he has completely hoodwinked nearly all the major media.”
“The media are reporting that the Baucus bill would reduce the deficit by $81 billion over 10 years. Wrong.”
“The Baucus bill assumes that Congress will allow the “sustainable growth rate” cuts in Medicare’s physician payments to occur beginning in 2012. Yet Congress has routinely and repeatedly blocked those cuts, making Baucus’s assumption preposterous.”
Full post by Michael Cannon of The Cato Institute @ http://www.cato-at-liberty.org/2009/10/08/baucus-bill-would-cost-more-than-2-trillion/