Even according to Democrats the health care bill will not reduce the deficit

This is the second major revision on costs that has been released since the health care bill passed. When you add this $55 billion to the previously reported $89 billion, the previously expected deficit reduction disappears. The CBO of course hasn't dealt with other major accounting issues that I have asked about multiple times, and it only got to this question discussed below well after it made any difference.

The Congressional Budget Office has doubled the estimated increases of some costs resulting from the sweeping health care reform legislation passed this year.

A CBO report sent Tuesday to Rep. Jerry Lewis of California, the ranking Republican on the House Appropriations Committee, said the estimated rise in discretionary spending - which is spending requiring annual congressional authorization - over the first 10 years under the new legislation could exceed $115 billion.

On March 11, exactly two months earlier, the non-partisan CBO reported the estimated increase for discretionary spending could exceed $55 billion.

Douglas Elmendorf, the CBO director, said the latest report "updates and expands" on the previous report. He noted that assessing effects on discretionary spending was speculative because such appropriations require congressional action, and could be larger or smaller than initially anticipated.

The health care legislation was estimated by CBO to cost $940 billion over 10 years and reduce the federal deficit by $143 billion over the same period. . . .

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