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The real arithmetic of healthcare reform

New York Times, March 22, 2010
Last week, the Congressional Budget Office reported that, if enacted, the latest healthcare reform legislation would, over the next 10 years, cost about $950 billion, but because it would raise some revenues and lower some costs, it would also lower federal deficits by $138 billion. But Douglas Holtz-Eakin, who was the director of the Congressional Budget Office from 2003 to 2005 and is now the president of the American Action Forum, says that the healthcare reform legislation would "raise, not lower, federal deficits, by $562 billion."