CBO Forecasts Deficit Growth Despite Health Reform Law

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On Wednesday, Congressional Budget Office Director Douglas Elmendorf predicted that the federal deficit will continue to grow in coming decades despite the cost-containment provisions of the new health reform law. Presenting CBO's projections to the bipartisan White House Commission on Fiscal Responsibility and Reform, Elmendorf said the law made a "dent" in overall health care spending, but it "did not substantially diminish the challenge" of cutting costs.


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