Uncertain CBO Score

Floor Speech

Mr. WILSON of South Carolina. Madam Speaker, the preliminary cost estimate from the Congressional Budget Office for the health care takeover is $940 billion. It is bizarre. Some of my colleagues on the other side of the aisle are spinning this number.

How many Americans today actually believe that the number will hold at $940 billion and will decrease deficits? I doubt there are very few people out there who are willing to count on Congress to actually hold the line on spending. That defies history and reality.

The facts are that even the CBO says this is uncertain, and the CBO has not extrapolated estimates further into the future because the uncertainties surrounding them are magnified even more.

The bottom line is that only in Washington can you claim that Congress will borrow a trillion dollars and somehow save money. The only certainty is NFIB projects this bill will kill 1.6 million jobs.

In conclusion, God bless our troops, and we will never forget September the 11th in the global war on terrorism.

Source