SHOCK: House health care bill saves $260,000 per word!
October 30, 2009 10:54 am ET
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SUMMARY: Right-wing media have run with the Politico's Jonathan Allen misleading calculation that the House's recently announced health care reform legislation costs "about $2.24 million per word." In fact, the Congressional Budget Office (CBO) estimated that the America's Affordable Health Choices Act of 2009 "would result in a net reduction in federal budget deficits of $104 billion"; therefore, using Allen's formula, the bill would actually save $260,000 per word.
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