Word: costes
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Debate over the law’s cost, however, has yet to fade, despite the nonpartisan Congressional Budget Office’s conclusion that it is fiscally responsible. In advancing their allegation that Democrats will add to the deficit, Republicans insist that the bill will cost Americans far more than the CBO report suggests. This claim is largely unfounded; in fact, the CBO regularly errs toward conservative estimates about cost savings because it fails to account for savings from intangible factors, such as better technology and systemic improvement. Considering these additional components, Harvard economist David Cutler estimates that...
...hail this as an epic achievement, the final product is not ideal and the effort to reform a broken industry is far from over. Ultimately, millions of Americans will remain uninsured, a problem which deserves serious attention down the road. Also, while the new programs will bend the healthcare cost curve, it does not break it, and Congress must take further action to make insurance more affordable in the future...
...Pentagon launched the F-35 Lightning II program a month after 9/11. Over the past eight years, the price-per-plane has doubled - from $69 million to as much as $135 million - even as none of the 2,443 on-order planes have been delivered. The program's cost has soared from $197 billion to as much as $329 billion. Plans to profit from prospective sales of more than 700 of the single-engine, single-seat fighters to eight allied nations are beginning to look like wishful thinking. (See why Robert Gates killed...
...response to what I consider to be unacceptable delays and cost overruns over the past year, this department has taken a number of steps to fundamentally restructure this program," Gates told a House panel on Wednesday. "I have replaced the [F-35] program manager ... while withholding more than $600 million ... from the lead contractor" - that would be Lockheed Martin, the nation's biggest defense firm, the same company that built...
Unfortunately, that was last year's logic. Gates said on Wednesday that Pentagon officials had bamboozled him with "overly rosy forecasts" that were more thorn than flower. After burrowing into the F-35's cost and schedule, President Obama's Pentagon team - including Bush Administration holdover Gates - recently discovered deep-rooted problems. "Things are more complicated than people imagined they were going to be," Ashton Carter, the Pentagon's top weapons buyer, told reporters earlier this month. "You can't control costs, you can't control schedule if you're being unrealistic about costs and schedule...