Tuesday, December 01, 2009

Something doesn't seem right here

The CBO, or Congressional Budget Office, is a non-partisan group that crunches the numbers for Congress. Their report is pretty clear:

– “As the Senate opened debate Monday on a landmark plan to overhaul the nation’s health-care system, congressional budget analysts said the measure would leave premiums unchanged or slightly lower for the vast majority of Americans, contradicting assertions by the insurance industry that the average family’s coverage would rise by thousands of dollars if the proposal became law.” [WP, 11/30/2009]

– “The Congressional Budget Office said Monday that the Senate health bill could significantly reduce costs for many people who buy health insurance on their own…” [NYT, 11/30/2009]

– “On average, 134 million Americans insured through large employers will see no rise in premiums and may pay 3 percent less than they would if Congress failed to pass a health-care overhaul plan, the nonpartisan Congressional Budget Office said yesterday. Subsidies also will lower costs as much as 59 percent for 18 million people buying their own insurance.” [Bloomberg, 12/1/2009]

So why is FOX News reporting that the CBO says Health Care Reform won't lower premiums?

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