October 2009
Posted by: administrator
House Speaker Nancy Pelosi is playing games with the truth again, claiming her newly introduced government-run health care plan will cost less than $900 billion over ten years, even though the plan actually costs over $1 trillion. Politico’s Chris Frates explains:
There was a lot of confusion this afternoon when the CBO released its cost estimate for the House bill. Democrats had said earlier in the day that the bill would cost $894 billion -- just under the $900 billion limit set by President Obama. But in the CBO analysis there were two price tags: a net cost of $894 billion and a gross cost of just over $1 trillion. Both numbers are correct, but Democrats shifted the terms of the debate and cherry picked the lower one.
If you want to know how much something costs, you want to know the total. Pelosi can keep misleading people about the facts, and we’ll keep calling her out.