Communications

• Causes 9 million people to lose the insurance they now have; 1
• Increases the already bloated deficit by $260 billion over the next decade when all the components are included; 2  
• Adds $371 billion to the deficit by not including the Medicare physician fee schedule change, also known as the “Doc Fix” provision; 3
• Raises taxes by $569 billion on small businesses and creates a new marriage penalty with new income and investment taxes; 4
• Cuts Medicare by $523 billion; 5
• Increases premiums by 10% for people without employer-based insurance; 6
• Expands the power of the IRS to enforce a government mandate that requires Americans to purchase government-approved insurance and; 7
• After all the spending is done and the bill is fully implemented, 23 million people will still be uninsured in 2019. 8

1. Congressional Budget Office Director Douglas W. Elmendorf, Letter To Speaker Nancy Pelosi, 3/20/10);
2. CBO Director Douglas Elmendorf, Letter To Rep. Paul Ryan, 3/19/10);
3. Table S-7, President Obama's Fiscal Year 2011, Accessed 3/11/10; Page 17, CBO Director Douglas W. Elmendorf, Letter To Senator Harry Reid, 11/18/09);
4. CBO Director Douglas W. Elmendorf, Letter to Speaker Nancy Pelosi, 3/18/10);
5. CBO Director Douglas W. Elmendorf, Letter to Speaker Nancy Pelosi, 3/18/10; Sen. Mike Crapo (R-ID) And CBO Director Douglas W. Elmendorf, Senate Finance Committee Markup Hearing, 9/22/09);
6. CBO Director Douglas W. Elmendorf, Letter To Honorable Evan Bayh, 11/30/09);
7. Shayndi Raice, "US House Republicans Say Health Bill Expands IRS Power," Dow Jones Newswires, 3/18/10);
8. Table 4, CBO Director Douglas W. Elmendorf, Letter to Nancy Pelosi, 3/20/10).