Donald Marron, visiting professor at the Georgetown Public Policy Institute and former acting director of the Congressional Budget Office, pegs the actual cost of the House Democrats’ health care plan at nearly $1.3 trillion.
The $1.055 trillion number that I’ve been reporting represents the gross cost of the coverage provisions alone, which account for a bulk of the proposed spending. But there are all sorts of other costs associated with the bill, even though they’re balanced by various tax increases or proposed spending cuts elsewhere. When Marron added up all of the other spending of the bill, he came up with $1.273 trillion.
You can read his explanation, and check out his math, here.