October 7th, 2009 4:36 pm
Breaking: CBO Estimates Baucus Bill will Cost $829 Billion
The Congressional Budget Office has released its preliminary cost estimate for the Baucus Bill. Here is the link. The CBO estimates the total cost over ten years will be $829 billion.
UPDATE:
Most of the actual expenditures and mandates do not take effect until 2013-14. In other words, CBO’s 10-year preliminary cost estimate only accounts for six or seven years worth of the expensive provisions.
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