Thursday, November 19, 2009

How Can Harry Reid Keep a Straight Face Telling Us His Health Bill Will Reduce the Deficit?

The accounting gimmickry in Harry Reid’s Senate health bill is astounding even by Capitol Hill standards.Reid says his bill will cost $850 billion and reduce the deficit by $130 billion—all over ten years.Based upon the outline Reid gave the CBO that could well be right. But let’s look at it further:Reid delays most of the spending in the bill to 2014—a year longer than in the House. More

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