Rove claimed House health bill results in "torrent of red ink" in second decade -- but CBO disagrees

SUMMARY: Fox News contributor Karl Rove falsely claimed that the House health reform bill "front-loads the revenue" but "back-loads the program costs, which means by the end of the first 10 years, this program is running annual deficits," adding that it will result in "a torrent of red ink in the second decade, when the program is fully operational." Contrary to Rove's claim, the Congressional Budget Office (CBO) found that the House bill would not only reduce federal budget deficits by $104 billion through 2019, but also that it would continue to reduce the deficit in the subsequent decade.

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