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Yes, the House Health Bill Costs More than $1.2 Trillion

Tue, Nov 3, 2009

(Business)

Donald Marron submits:

In a recent series of posts, I noted that the coverage provisions in the House health bill would cost more than $1 trillion over the next ten years, notably higher than the $894 billion figure that was circulated when the bill was first released. In addition, I pointed out that the bill includes other spending increases that aren’t involved in expanding coverage; when you factor those in, I estimated that the real cost of the bill would be almost $1.3 trillion.

I am not alone in this conclusion. According to David Espo of the Associated Press:

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