Tracking The AP’s $1.5 Trillion Figure

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A couple more data points for you. The LA Times Johanna Neuman describes House health care legislation as “a bill that could end up costing taxpayers $1.5 trillion over the next 10 years.” And the New York Daily News calls it as a “massive $1.5 trillion measure” that will “hit the rich hardest.”

Even if the Associated Press was correct about the cost of the bill, that wouldn’t reflect the cost to taxpayers, which will be much, much lower. A large percentage of the outlays are expected to be financed by savings wrung from within the health care system itself

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