The draft health care law could cost more than expected

5:24 PM
The draft health care law could cost more than expected -

money changes Recently, the budget of the Office of Congress announced the cost of the insurance bill health. The new estimates add $ 115 billion over the next 10 years in what was originally calculated. These additional costs would define the total cost of health care reform on $ 1000000000000 spending limit that President Barack Obama was shooting for.

According to Politico , the new costs come expectations that federal agencies will increase from $ 10 billion to $ 20 over the next decade on administrative costs. Congress could also spend some $ 105 billion for discretionary programs such as community health centers.

The CBO was unable to determine discretionary costs in March because they did not have enough time. Also these new costs must be approved by Congress before they are effective and are considered discretionary costs.

These discretionary costs should be offset by cutting other programs. It is important to remember that the Congress does not always spend all that is allowed under the law, so that Congress could ultimately spend less on discretionary programs.

A spokesman for the agency's budget for the White House, Kenneth Baer said: "The Affordable Care Act will reduce the deficit by more than $ 100 billion in the first decade, and this will not change unless Congress acts to change it. If these authorizations are funded, they must be offset elsewhere in the discretionary budget. The President called for a freeze on discretionary non-security spending, and apply it with his veto pen. "

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