Thursday, March 4, 2010

A Picture Is Worth a Thousand Words

The following graph published by the Congressional Office Budget illustrates the impact of the health bill proposed in the Senate. The first bar is the impact on the unified budget balance of the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) of 2001 (the first Bush tax cut). The second is the impact on the budget balance of the Jobs and Growth Tax Relief Reconciliation Act (JGTRRA) of 2003 (the second Bush tax cut). The third bar is the Congressional Budget Office estimated impact on the deficit of the Patient Protection and Affordable Care Act proposed in the Senate on November 19, for 2010-2019.




These numbers are expressed in billions of FY2010 dollars.
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