ABC News Senior White House Correspondent Jake Tapper
CBO: Health Care Bill Will Cost $115 Billion More Than Previously Assessed
May 12, 2010 9:08 AM
The director of the Congressional Budget Office said Tuesday that the health care reform legislation would cost, over the next ten years, $115 billion more than previously thought, bringing the total cost to more than $1 trillion.
The revised figure is due to estimated costs to federal agencies to implement the new health care reform bill – such as administrative expenses for the Internal Revenue Services and the Department of Health and Human Services -- and the costs for a "variety of grant and other program spending for which specified funding levels for one or more years are provided in the act."
Is there ever going to come a time that you question what you are told by officials in D.C.?