While discussing the current economic situation on Glenn Beck and referencing the House health care bill, Fox News senior judicial analyst Judge Andrew Napolitano claimed that "the government wants to add...another trillion in healthcare, unfunded healthcare."
Loading the player ...
From the November 10 edition of Fox News' Glenn Beck:
NAPOLITANO: Dr. Binswanger, let's see. Deep recession, 10.2 percent unemployment, $13 trillion in debt, and the government wants to add -- you were here during the earlier part of the show -- another trillion in healthcare, unfunded healthcare to this mess. Do they even understand economics 101?
Fact: CBO estimated the House bill would reduce deficit by $109 billion
Contrary to Napolitano's claim that the bill is "unfunded," the Congressional Budget Office (CBO) found that the Affordable Health Care for America Act (H.R. 3962)"would yield a net reduction in federal budget deficits of $109 billion over the 2010-2019 period." Further, the CBO estimated that in the decade after 2019, "the legislation would slightly reduce federal budget deficits ... relative to those projected under current law -- with a total effect during that decade that is in a broad range between zero and one-quarter percent of GDP [gross domestic product]."