On the recordMarch 24, 2010
All I will tell you is, the best guess of CBO--wonderful people, but they can only make decisions within the parameters they are given. There is no question private insurance, individual and family insurance, is going to go up, but everybody else's is because we are going to increase the trend of cost shifting from government programs to the private sector. You are going to end up with three taxes. You will pay income taxes, you will pay a Medicare tax, and then you will pay a tax on your insurance--actually, you will pay four--and then you are going to pay higher health insurance premiums because the government does not cover the cost.





