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Business Analyst: CBO Report on Cost of Health Care Overhaul is 'Nuclear Bomb'

Fox Business: The Congressional Budget Office’s first cost estimate on an early health-care reform bill didn’t exactly roll out the red carpet for President Obama’s efforts in that arena.



The initial estimate — for parts of a comprehensive reform plan drafted by Senator Edward Kennedy (D-Mass.) — would spend $1 trillion over 10 years but end up reducing the number of uninsured people in the U.S. by around than a third, providing just 16 million more people with health insurance.


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