$118 Billion Reasons to Pass Health Care Reform

12 03 2010

… or so says the Congressional Budget Office.

CBO and JCT now estimate that, on balance, the direct (mandatory) spending and revenue effects of enacting H.R. 3590 as passed by the Senate would yield a net reduction in federal deficits of $118 billion over the 2010–2019 period. (Direct spending—as distinguished from discretionary spending—is spending that stems from legislation other than appropriation acts.)  In our earlier estimate, the budgetary impact was a net reduction in deficits of $132 billion.

Still, getting Rush Limbaugh out of America is what sells me (see most recent post).

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