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Friday, July 17, 2009

CBO Warns of High Costs of ObamaCare

The Washington Post leads with the Congressional Budget Office's report that the health care "reform" bill now pending would rack up massive costs to the budget and the economy, and wouldn't do much to reform health care:

Under questioning by members of the Senate Budget Committee, Douglas Elmendorf, director of the nonpartisan Congressional Budget Office, said bills crafted by House leaders and the Senate health committee do not propose "the sort of fundamental changes" necessary to rein in the skyrocketing cost of government health programs, particularly Medicare. On the contrary, Elmendorf said, the measures would pile on an expensive new program to cover the uninsured. (more)

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