Last week, US Senator Edward Kennedy unveiled his landmark 0- and health care page and health insurance reform.
This week, the Congressional Budget Office said that Senator Kennedy plan will increase the federal deficit by a whopping $ 1 trillion in just 10 years, reported Reuters .
CBO estimates the cost of the bill by reviewing provisions that the Kennedy bill stands now, but they emphasized that the bill was incomplete -. so take the number with a grain of salt
Yet the damage done.
critical reforms of Democratic lawmakers have now only political fuel that could maintain reform arrangements as a public health insurance plan option at bay.
If health reform could be killed this year, the cost could be the biggest danger.
What is the political benefit for criticism of Kennedy bill? See how this hypothetical title might look like the average person who only pays attention to the causally health reform debate: the health reform will cost $ 1,000,000,000,000. What attention grabber.
White House Robert Gibbs acknowledged what a political time bomb that could be, but said we can not let "political posture stand in the way of reform," reported Article Reuters.
President Obama has also been actively lowering expectations about reform, explaining that it will cause a short-term deficit
Kennedy spokesman Anthony Coley has launched a warning, as well :. "as the CBO letter indicates, this is an incomplete statement of an incomplete bill. We look forward to a complete CBO estimate of a complete bill. "
Yet the damage done.
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