The Tax and Spend Health Care Plan
October 9, 2009
Heritage Foundation
Earlier this week, the Congressional Budget Office released its preliminary cost estimate for the health plan put forward by Senator Max Baucus (D-MT). The plan would cost $829 billion over ten years but still reduce the deficit by $81 billion.
The White House and liberals in Congress say the report confirms President Obama’s promise that big-government reforms “will help bring our deficits under control in the long term.” The leftist media jumped on board, heralding the CBO’s numbers as a “green light” for Obamacare.