Home > News > Hot Air » Blog Archive » Gregg: CBO cost estimate of Pelosi Plan $3 trillion. Remember, the GOP plan will cost $61 billion. Quite the difference.

Hot Air » Blog Archive » Gregg: CBO cost estimate of Pelosi Plan $3 trillion. Remember, the GOP plan will cost $61 billion. Quite the difference.

Amazing.

You know, Senator Gregg, talking like this won’t get you an appointment to Barack Obama’s Cabinet.  Oh, wait …:

Senator Gregg: Updated CBO Estimate of House Bill Pulls Back the Curtain on Majority’s Intent to Grow Government by $3 Trillion

Senator Judd Gregg (R-NH), ranking member of the Senate Budget Committee today commented on the Congressional Budget Office’s (CBO) more detailed cost estimate of the manager’s amendment to the House health reform bill.

Senator Gregg stated, “The CBO estimate released last night finally sheds light on the smoke and mirrors game the majority has been playing with the cost of their health care reform proposal. Over the first 10 years, this legislation builds in gross new spending of $1.7 trillion – and most of the new spending doesn’t even start until 2014. Once that spending is fully phased in, the House Democratic bill rings up at more than $3 trillion over ten years.

Hot Air » Blog Archive » Gregg: CBO cost estimate of Pelosi Plan $3 trillion

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