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Tuesday, May 11, 2010

CBO: Health overhaul law potentially costs $115B more

From the AP and the CBO:

Congressional budget referees say President Barack Obama's new health care law could potentially add another $115 billion over 10 years to government health care spending....If Congress approves all the additional spending, that would push the 10-year cost of the overhaul above $1 trillion—an unofficial limit the Obama administration set early on....The Congressional Budget Office said Tuesday the added spending includes $10 billion to $20 billion in administrative costs to federal agencies carrying out the law, as well as $34 billion for community health centers and $39 billion for American Indian health care



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