There's a government publication that pretty well spells out the costs involved with a full coverage Healthcare Plan for everyone in the United States. This book was obtained from the Govt. Printing Office and is titled "Understanding Estimates of the Impact of Health Reform on the Federal Budget" by The Office of Tecnology of the United States Congress.

The following comes from page 42 and is verbatim. You have to be a little patient while reading this.

"Based on the general methodology, CBO estimates that total federal spending for the national health insurance program (essentially federal payments to the states for covered services) would amount to $630 billion in 1997, $939 billion in 1998, and $1.1 trillion in 2000. Federal spending for the national health insurance program would be funded mostly by an increase in income and payroll taxes, a hospital insurance tax, and additional excise taxes on certain products such as tobacco. Additionally, part of federal expenditures for the national program will be offset by "savings" from repealing Medicare, Medicaid, and other existing federal health programs.

The estimate of savings from Medicare and Medicaid and the American Health Security Act is relatively straight forward. The amount essentially equals the estimates of baseline spending for the repealed programs. CBO estimated that baseline Medicare and Medicaid spending by the federal government would be $265 billion and $174 billion respectively, in 2000. Thus repealing the two programs would save $439 billion. Taking into account this revenue effect, net additional federal outlays under the act would be $371 billion, $556 billion, $571 billion, and $583 billion for the four years from 1997 through 2000."

Note here the $371 billion represents the expenditures for 9 months of 1997 so for the full year this would be (12/9)*$371 billion=$495 billion.

Notice again that this would allow us to cut almost in half of what is now being spent per year for Healthcare.

Again, if you would like to help your children and grandchildren with the huge debt we have left them, we can return $400-$500/year in reduced Healthcare costs. Call your Representative and Senator and see why they are not willing to do this.