Wednesday, June 2, 2010

Health Costs and the Federal Budget: CBO May 2010 Presentation: ObamaCare Did Not Fix The Problem

From the May 28, 2010, CBO Director's Blog:
The rising costs of health care will put tremendous pressure on the federal budget during the next few decades and beyond.

In CBO’s judgment, the health legislation enacted earlier this year does not substantially diminish that pressure. In fact, CBO estimated that the health legislation will increase the federal budgetary commitment to health care (which CBO defines as the sum of net federal outlays for health programs and tax preferences for health care) by nearly $400 billion during the 2010-2019 period.

CBO Health Costs and the Federal Budget Presentation 5-26-10 by Milton Recht on Scribd

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