The NYT could have made its article on the Senate bill to extend the State Children's Health Insurance Program more informative if it put the projected cost in context. The article reports that the cost will be $35 billion over five years. This cost is equal to approximately 0.2 percent of projected spending over this period or about $23 per person per year. [The Post commits the same sin here. Someone has to tell reporters that their job is to inform readers, not just write down numbers as a meaningless ritual.]
--Dean Baker