{"id":2417,"date":"2009-12-02T12:39:41","date_gmt":"2009-12-02T17:39:41","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=2417"},"modified":"2009-12-02T12:59:21","modified_gmt":"2009-12-02T17:59:21","slug":"democrat-admits-health-bill-costs-2-5-trillion","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/2417\/democrat-admits-health-bill-costs-2-5-trillion\/","title":{"rendered":"Democrat Admits Health Bill Costs $2.5 Trillion"},"content":{"rendered":"<p>Senator Max Baucus caught some of Joe Biden\u2019s foot-in-mouth disease today when <a href=\"http:\/\/republican.senate.gov\/public\/index.cfm?FuseAction=Blogs.View&amp;Blog_Id=ec0f9d3a-0736-4787-a10e-ffe8d671645b\" target=\"_blank\"><span style=\"text-decoration: underline;\">he admitted<\/span><\/a>\u00a0the Senate\u00a0health care bill would cost $2.5 trillion, far more than what CBO estimated and propoents of the legislation have been touting.\u00a0 Taxpayers should be thankful for Baucus&#8217; loose lips.<\/p>\n<p>The CBO cost estimate priced the Senate legislation at <a href=\"http:\/\/cboblog.cbo.gov\/?p=426\" target=\"_blank\"><span style=\"text-decoration: underline;\">$848 billion<\/span><\/a>, but that figure does not represent the full cost of the mandates on individuals and employers.\u00a0 In addition, the bill masks the true cost of the legislation because it doesn\u2019t begin to subsidize health care until 2014.<\/p>\n<p>As Senator Baucus reveals, the true cost of the legislation over a 10-year period is much higher.<\/p>\n<blockquote><p>Just for a second \u2026 health care reform, whether you use a ten-year number or when you start in 2010 or start in 2014, whenever you start at, so it is still either $1 trillion or it\u2019s $2.5 trillion, depending on where you start\u2026<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Senator Max Baucus caught some of Joe Biden\u2019s foot-in-mouth disease today when he admitted\u00a0the Senate\u00a0health care bill would cost $2.5 trillion, far more than what CBO estimated and propoents of the legislation have been touting.\u00a0 Taxpayers should be thankful for Baucus&#8217; loose lips. The CBO cost estimate priced the Senate legislation at $848 billion, but [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[440,40,12,101,230],"class_list":["post-2417","post","type-post","status-publish","format-standard","hentry","category-posts","tag-cbo","tag-congressional-budget-office","tag-health-care","tag-joe-biden","tag-max-baucus"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/2417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=2417"}],"version-history":[{"count":4,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/2417\/revisions"}],"predecessor-version":[{"id":2421,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/2417\/revisions\/2421"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=2417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=2417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=2417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}