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September 17, 2009

Graph of the Day for September 17, 2009

Randall Hoven
"The federal budget is on an unsustainable path, primarily because of the rising cost of health care... Medicare's Part A trust fund... will have insufficient funds to pay for covered services starting in 2017"  Congressional Budget Office

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Source: CBO


Hoven's Index for September 17, 2009

Estimate of the 10-year cost of the House Democrats' "Affordable Health Choices Act", which includes a "public option": $1 trillion.  (Source: CBO.)

Estimate of the 10-year cost of the Senate Democrats' health care plan: $856 billion.  (Source: AP.)

Estimate of the10-year net decrease in the federal deficit by allowing individuals to buy health insurance in any state: $7.4 billion. 

Net decrease of uninsured individuals by 2014, if individuals are allowed to buy health insurance in any state: 400,000.  (Source: CBO.)