June 7, 2010

Deficit Effects of Healthcare Bill

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The above chart by Mercatus Center senior research fellow, Veronique de Rugy examines the deficit effects of the final healthcare legislation using Congressional Budget Office projections. Even if all spending cuts and tax increases are instituted as legislated, the net deficit reduction over the next 10 years will be less than 1% of this year’s GDP, and less than 4% of this year’s federal spending.

Learn why healthcare reform will cost even more than expected.