Quick fact: Washington Times claims “official” “price tag” for House health care bill is $1.1 trillion

In a story about “fuzzy math” on “unfunded programs” in the House health care bill, The Washington Times said the “official” “price tag” of the bill is $1.1 trillion. The Times only reported on the Congressional Budget Office's estimate of the bill's gross cost, rather than its net cost, which CBO estimated was "$891 billion over ten years."

From the November 10 Washington Times article:

The official $1.1 trillion price tag for the House Democrats' health care bill excludes dozens of unfunded programs that could drive up costs when future congresses look to fund them.

Republicans said the health care bill includes two dozen programs whose funding is listed as “such sums as may be necessary.” That amounts to legislative jargon, they said, for “We'll bill you later.”

The list of projects ranges from the “No child left unimmunized against influenza” project to 10 programs in the Indian health care system. There are also programs to encourage people to go into nursing and to spur states to restrain medical-malpractice lawsuits.

The tactic is far from new and has been used for years by Republicans and Democrats alike. The health reform examples are just the latest of what has become known as “fuzzy math” - the sort of budgeting that has been drawing extra scrutiny as the economy sputters, federal spending balloons and deficits deepen.

Fact: CBO estimated net cost of bill is $891 billion over 10 years and would reduce the deficit

CBO found that the health care reform bill that passed the House on November 7, the Affordable Health Care for America Act (H.R. 3962), would have “a projected net cost of $891 billion over 10 years for the proposed expansions in insurance coverage.” CBO also found that the bill “would yield a net reduction in federal budget deficits of $109 billion over the 2010-2019 period.” 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].”