Friday, May 02, 2008

Congressional Budge Office Says Universal Health Coverage Works

The non-partisan Congressional Budget Office gave universal health coverage a thumbs up. In a letter to the Senate, the CBO said:

Overall, our preliminary analysis indicates that the proposal would be roughly budget-neutral in 2014. That is, our analysis suggests that your proposal would be essentially self-financing in the first year that it was fully implemented. That net result reflects large gross changes in federal revenues and outlays that would roughly offset each other.

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