This is an opinion item.
| Author(s)
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Paul Krugman
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| Source
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The New York Times
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| Date
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June 28, 2012
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| URL
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http://www.nytimes.com/2012/06/29/opinion/the-real-winners.html
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| Quote
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But what about the cost? Put it this way: the budget office’s estimate of the cost over the next decade of Obamacare’s “coverage provisions” — basically, the subsidies needed to make insurance affordable for all — is about only a third of the cost of the tax cuts, overwhelmingly favoring the wealthy, that Mitt Romney is proposing over the same period. True, Mr. Romney says that he would offset that cost, but he has failed to provide any plausible explanation of how he’d do that. The Affordable Care Act, by contrast, is fully paid for, with an explicit combination of tax increases and spending cuts elsewhere.
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This item argues against the position Act should not have been passed on the topic Patient Protection and Affordable Care Act.