And as the trajectory of the chart strongly suggests, it would get even worse from there. In the next five years (forget ten) after those depicted on the chart, the bill’s costs would be $1.7 trillion (double what Senator Reid is claiming for “ten years”). Thus, the true first-15-year costs of the bill would be a cool $3.5 trillion — according to the CBO’s projections.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
A Cool $3.5 Trillion
Jeffrey H. Anderson
And as the trajectory of the chart strongly suggests, it would get even worse from there. In the next five years (forget ten) after those depicted on the chart, the bill’s costs would be $1.7 trillion (double what Senator Reid is claiming for “ten years”). Thus, the true first-15-year costs of the bill would be a cool $3.5 trillion — according to the CBO’s projections.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.