Sen. Robert Menendez's claims that President Obama’s health care reform provides $250 million in savings over its first 10 years and $1.2 trillion over its second decade have been rated “mostly false” by Politifact, a nonpartisan fact checking website.
"‘So the reality is the Congressional Budget Office says we save $250 million over the first 10 years. Over the next 10 years, we save $1.2 trillion in savings in terms of health care,’ Menendez said in a June 28 interview on the Regional News Network’s Richard French Live,” Politifact notes before assessing the claim.
The site concludes: “The senator is clearly wrong to cite projected savings of ‘$250 million over the first 10 years.’”
And the senator “made a larger mistake by suggesting the budget office has projected ‘$1.2 trillion in savings’ over the second 10 years,” Politifact states, adding: “The budget office has not projected any specific dollar figures for that period. The uncertainties are too substantial to create such detailed projections, according to the budget office.”