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CBO |
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The CBO estimates that LTC expenditures for the elderly in 2004 (excluding the value of donated care from family and friends) will total about $135 billion, but private LTC insurance will cover only 4% of that (with Medicare and Medicaid shouldering nearly 60%). The CBO also examines simply reducing the principal eligible for deduction, capping the mortgage interest deduction and limiting the deductions for second homes. NEW YORK -- Fitch Ratings assigns the following ratings to C-BASS CBO XV Ltd. |
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