Posted on 03/11/2010 7:32:14 AM PST by clyde_m
Deficit reduction? My a**!! See Table 3 - the expenditures when fully phased in. More discussion coming.
"CBO has just released an estimate of the budgetary effects of the health bill, H.R. 3590, that passed the Senate on December 24. Todays estimate differs from the estimate for a slightly earlier version of the legislation that we released on December 19 in that it encompasses all of the amendments that were adopted by the Senate, reflects a revised assumption about its enactment date, and incorporates some technical revisions. We and the staff of the Joint Committee on Taxation (JCT) prepared this updated estimate in preparation for further consideration of health care legislation. However, the changes we have made do not result in an estimate that differs substantially from the earlier one."
(Excerpt) Read more at patriotroom.com ...
Apparently Obama cannot buy off anyone over at the CBO.....
NOTE! This scoring does NOT include the “reconciliation” changes! It’s just a re-scoring of the senate bill.
I've been arguing intensely with a professional Rat operative on our local news forum about the health care bill(s), and he's got all the talking points nailed down. He also likes to cling to the CBO numbers, but even when you point out the contradictions in his arguments, he spins it yet again.
Here's the thread, if anyone is game for helping me knock this guy down, please feel free to jump in. No registration is needed to leave comments.
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In 2006, the state of Massachusetts passed a sweeping overhaul of the states health-care system. The system, which influenced the Obama administrations plans for national reform, has since faced unexpected and unchecked growth in costs, both to the government and individuals, forcing the government to cut benefits and raise taxes. Now analysts say that without significant policy changes, the programs long-term viability is in doubt”
The CBO can only score what the bill tells it to score. In other words, the CBO must rely on what is in the bill only, not what isn’t in it, which makes the inevitable numbers skewed and vastly underrated and undercounted.
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