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In economic terms, the opportunity cost of medical interventions will be approximated by their budgetary impact – in particular, if a payers' perspective is adopted.
Consider the budgetary impact.
Further enlargement will also have a budgetary impact.
The Bush administration promptly complained about the bill's budgetary impact.
Legislative changes with no budgetary impact are not allowed in reconciliation bills.
He doesn't want the CBO to evaluate the proposals just for their budgetary impact.
But reconciliation rules prevent changing provisions that do not have any budgetary impact.
AS Merkley notes, Congress normally submits proposals for budgetary impact but Congress can request jobs impact evaluations.
In light of Nassau County's fiscal problems, the proposal is designed to have no budgetary impact on the county.
This 3.5 multiplier will nearly disappear when the budgetary impact of the RCUK is supplemented by that of the HEFCE.
That would cost roughly $140 billion next year, but the spur to the economy is more important than the budgetary impact.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com