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It’s NOT a Health Bill, NOT a Medicare Tax and It Can’t Possibly Cost Only $940 Billion
Cato ^ | March 21, 2010 | Alan Reynolds

Posted on 03/21/2010 5:58:56 PM PDT by optiguy

It’s NOT a Health Bill, NOT a Medicare Tax and It Can’t Possibly Cost Only $940 Billion

Posted by Alan Reynolds

* The “reconciliation bill” is not a “health bill” but an anti-health bill. It relies heavily on price controls, taxes and fines to punish doctors, hospitals and formerly innovative companies the produce prescription drugs and medical devices. If we treated farmers, food companies and grocery stores the way Congress threatens to treat the health industries would anybody expect food to become better or cheaper? * The 3.8% tax on both labor and investment income is not a “Medicare tax.” It’s surtax on income that goes into the slush fund, not the Medicare trust. The bill could not possibly cost “only” $940 billion unless it contained a sunset provision — repealing the law after 2019.

In fact, new spending is negligible for four years. At that point the government would start luring sixteen million more people into Medicaid’s leaky gravy train, and start handing out subsidies to families earning up to $88,000. Spending then jumps from $54 billion in 2014 to $216 billion in 2019. That’s just the beginning.

(Excerpt) Read more at cato-at-liberty.org ...


TOPICS: Constitution/Conservatism; Editorial; Government; News/Current Events
KEYWORDS: 111th; bhohealthcare; cato; health

1 posted on 03/21/2010 5:58:57 PM PDT by optiguy
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To: optiguy

It’s a Communist take-over.


2 posted on 03/21/2010 6:01:02 PM PDT by rbosque (11 year Freeper! Combat Economist.)
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To: optiguy

It IS treason.


3 posted on 03/21/2010 6:01:54 PM PDT by Psycho_Bunny
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To: optiguy

I am SO looking forward to some government employee “helping” me with my healthcare decisions.


4 posted on 03/21/2010 6:03:07 PM PDT by Slyfox
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To: optiguy

THE REAL DEAL


DEATH -PANEL: Govt will penalize hospitals for whatever the Govt deems preventable (i.e...re-admissions). Page 280 Sec 1151
DEATH -PANEL: Govt mandates "Advance-Care Planning Consult." (Think senior citizens end-of-life patients.) Page 425 Lines 4-12
DEATH-PANEL: Govt will decide what level of treatment you will have at end-of-life! (Again -- no choice!) Page 430 Lines 11-15
DEATH-PANEL: TREATMENT OF CERTAIN CANCER HOSPITALS - Cancer patients - welcome to rationing! Page 272 SEC. 1145
DEATH-PANEL: GOVT COMMITTEE decides what treatments/benefits you get Page 30 Sec 123
DEATH-PANEL: The Govt mandates a program for orders on "end-of-life." (The Govt has a say in how your life ends!) Page 427 Lines 15-24
DEATH-PANEL: Rationing Specifications of Benefit Levels for Plans Page 85 Line 7
DEATH-PANEL: The Govt provides an "approved" list of end-of-life resources; guiding you in death. (Also called 'assisted suicide.')(Sounds like Soylent Green to me.) Page 425 Lines 22-25, 426 Lines 1-3
DEATH-PANEL: Govt will cover Mental Health Services including defining, creating, and rationing those services.Page 494-498 DEATH-PANEL: Health Choices Commissioner will choose your HC benefits for you Page 42
DEATH-PANEL: An "advanced-care planning consultant" will be used frequently as a patient's health deteriorates. Page 429 Lines 1-9 DEATH-PANEL: HEALTH CARE IS RATIONED Page 29 lines 4-16
DEATH-PANEL: An "advanced care consultation" may include an ORDER for end-of-life plans.. (AN ORDER TO DIE FROM THE GOVERNMENT?!?) Page 429 Lines 10-12
DEATH-PANEL: Govt mandates establishment of outcome-based measures. (HC the way they want -- rationing.) Page 335 L16-25 Pg 336-339
DEATH-PANEL: Govt will RESTRICT enrollment of 'special needs people!' Unbelievable! Page 354 Sec 1177
DEATH-PANEL: Govt will reduce physician services for Medicaid Seniors. (Low-income and the poor are affected.) Page 239 Line 14-24
DEATH-PANEL: GOVT will specify which doctors can write an end-of-life order.. (I wouldn't want to stand before God after getting paid for THAT job!) Page 429 Lines 13-25
DEATH-PANEL: Rationing Specifications of Benefit Levels for Plans. (AARP members - your health care WILL be rationed!) Page 85 Line 7
DEATH-PANEL: Govt will instruct and consult regarding living wills, durable powers of attorney, etc. (And it's mandatory!) Page 425 Lines 17-19:

ACORN: Payoff subsidized plan for retirees and their families in unions & ACORN Page 65 Sec 164
ACORN: Govt will use ACORN & Americorps to sign up individuals for Govt HC plan. Page 95
ACORN: Community-Based Home Medical Services = Non-Profit Organizations, ACORN Medical Services Page 469

Doctors/ American Medical Association - The Govt will tell YOU what salary you can make.Page 127 Lines 1-16
Doctors: It doesn't matter what specialty you have trained yourself in -- you will all be paid the same! Page 241 Line 6-8
Doctors: PROHIBITION on ownership/investment. (The Govt tells doctors what and how much they can own!) Page 317 L 13-20
Doctors: Govt sets the value of a doctor's time, profession, judgment, etc. (Literally-- the value of humans.) Page 253 Line 10-18
Doctors: Govt creates more bureaucracy via a "Tele-Health Advisory Committee." (Can you say HC by phone?) Page 379 Sec 1191
Doctors: If you treat a patient during initial admission that results in a re-admission -- the Govt will penalize you. Page 298 Lines 9-11

Employer with payroll 401k & above who does not provide public option will pay 8% tax on all payroll! Page 149 Lines 16-24
Employer MUST auto-enroll employees into public option plan. (NO choice!) Page 145 Line 15-17
Employer with payroll between $251K & $401K who doesn't provide public option will pay 2-6% tax on all payroll.Page 150 Lines 9-13
Employers MUST pay for HC for part-time employees AND their families. (Employees shouldn't get excited about this as employers will be forced to reduce its work force, benefits, and wages/salaries to cover such a huge expense.) Page 126 Lines 22-25
Employers: Govt will audit books of all employers that self-insure - Page 22
Employers: No company can sue GOVT on price fixing. No "judicial review" against Govt monopoly. page 12 4 lines 24-25
Employers: Govt mandates ALL benefit packages for private HC plans in the 'Exchange.' Page 84 Sec 203

HOSPITALS: PROHIBITION on expansion. (The Govt is mandating that hospitals cannot expand.) Page 317-318 lines 21-25, 1-3

ILLEGALS: Any NONRESIDENT Alien is exempt from individual taxes. (Americans will pay.) (Like always)Page 170 Lines 1-3
ILLEGALS: HC will be provided to ALL non-US citizens, illegal or otherwise. Page 50 Section 152
ILLEGALS: Govt mandates linguistic appropriate services. (illegal aliens.) Page 91 Lines 4-7

MARRIAGE: Officers & employees of the GOVT HC Admin.. will have access to ALL Americans' finances and personal records. (I guess so the government can 'deduct' their fees from your bank account)Page 195
MARRIAGE: Govt will cover marriage and family therapy. Page 489 Sec 1308
MARRIAGE: Govt will have direct access to your bank accounts for elective funds transfer. Page 59 lines 21-24:
MARRIAGE: Govt will have real-time access to individuals' finances & 'National ID Health card' - Page 58

MONOPOLY: Govt has authority to disqualify Medicare Advance Plans, HMOs, etc. (Forcing people into the Govt plan) Page 341 Lines 3-9
MONOPOLY: Govt mandates and controls productivity for "private" HC industries. Page 265 Sec 1131
MONOPOLY: Medicaid eligible individuals will be automatically enrolled in Medicaid. Page 102 Lines 12-18
MONOPOLY: Hospitals have the opportunity to apply for exception BUT community input is required. (Can you say ACORN?) Page 321 2-13

NEW TAXES: ANY individual who doesn't have acceptable HC according to Govt will be taxed 2.5% of income.Page 167 Lines 18-23
NEW TAXES: The tax imposed under this section shall not be treated as tax." (Yes, it really says that!) ( a 'fee' instead) Page 203 Line 14-15



PROOF THAT OBAMACARE/ROMNEYCARE IS A PROVEN FINANCIAL FAILURE

======================================================
======================================================

Mass. State Treasurer Timothy P. Cahill (I): RomneyCARE
is bankrupting Massachusetts and will do the same nationally.


"Romney admitted ... that about half of the real costs of "extending
coverage to the uninsured... is covered by federal tax dollars.



Mr. Romney's RomneyCARE is doing what entitlements do: crowding
out private insurers, compounding the cost explosion, walking the state toward rationing.


From CATO (the whole article is worthwhile): "Of the 133,000 people who have signed up for insurance since the plan was
implemented, slightly more than half have received totally free coverage."


"Health Care Speechwriter for Edwards, Obama & Clinton Now Without Health Insurance"
I'm a critic because what Washington is talking about doing
has made health insurance unaffordable in Massachusetts.



"Small businesses bridle at health insurance hikes (Romneycare strangles Mass. businesses)
some really bad news from Blue Cross-Blue Shield: His company's health insurance rates are going up 47 percent in January."


" Rationing medicine has already begun
… government-
run health care has introduced rationing and waiting lists and cost the lives of the people under its provisions."


"DEATH PANELS OPEN FOR BUSINESS IN MASSACHUSETTS"


"President Obama's newly confirmed regulatory czar defended the
possibility of removing organs from terminally ill patients without their permission."


"You can't reap these savings without limiting patients' choices in some way," said Paul Levy, CEO of Beth Israel Deaconess."


"State plan may place limits on patients' hospital options( Mass. RomneyCare )"


"Romney Visits Nebraska, Talks Health Care [where he defends Romneycare] "


"Paying the Health Tax in Massachusetts [Romneycare]
Unless we ponied up for a pricier policy we
neither need nor want-or enrolled in a government-sponsored insurance plan-we
would have to pay $1,000 each year to the state.
How did we become outlaws?"


The Massachusetts debacle, coming soon to your neighborhood."
The state's overall costs on health programs have increased by 42% (!) since 2006."


A Very Sick Health Plan; Bay State's 'Grand Experiment' Fails [RomneyCare]


Health care in Massachusetts: a warning for America [Romney brings Mass. to its knees]
The Bay State's mandatory insurance law is raising costs, limiting access, and lowering care. "


"'Severe' doc shortage seen hiking wait time
"The shortage is getting more severe""


"Health costs to rise again.( RomneyCare )
The state's major health insurers plan to raise premiums by about 10 percent next year"


"Nation's ill-advised to follow Mass. plan [Health plan a failure]
September 17, 2009 The canary is dead."


"Bay State Insurance Premiums Highest in Country - Boston Globe August 22, 2009"


"Massachusetts: the laboratory for ObamaCare"


"Massachusetts' Obama-like reforms increase health costs, wait times [RomneyCare]
Premiums are growing 21 to 46 percent faster than the national average"


"Mass. Pushes Rationing to Control Universal Healthcare Costs (RomneyCare)"


"1,000 cancer patients 'refused treatment'"


"Massachusetts Universal Healthcare System Breaking Down Already"


"Hospital patients 'left in agony'"


"Mr. Romney should have known better before signing on to this not-so-grand experiment, especially since the state's "free market" reforms that he boasts about have proven to be irrelevant when not fictional.
Only 21,000 people have used the "connector" that was supposed to link individuals to private insurers."


A Very Sick Health Plan; Bay State's 'Grand Experiment' Fails [RomneyCare]
Even though the Bay State commenced its program with a far smaller percentage of uninsured residents than exists nationwide,
"RomneyCare" is threatening to bankrupt the state."


"Dem Congresswoman Admits Obama Health Care Plan Will Destroy Private Health Insurance Industry"

5 posted on 03/21/2010 6:03:39 PM PDT by Diogenesis ("Resistance to tyrants is obedience to God." --Thomas Jefferson)
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To: optiguy
It’s NOT a Health Bill, NOT a...

Correct, its not any of those things. I think of it as a democrat party core constituency realignment bill. They are in the process of removing working Americans and elderly from their reliable voting blocks, and replacing them with those that don't work (but get govt monies) and illegals (soon to become legals).

6 posted on 03/21/2010 6:09:17 PM PDT by C210N (A government big enough to give you everything you want, is big enough to take everything you have)
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To: optiguy

The $940 billion was a lie and everyone knew it. The real cost is probably more like $2 trillion the first 10 years and $5 trillion the second ten.


7 posted on 03/21/2010 6:12:34 PM PDT by Blood of Tyrants (`)
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To: rbosque

8 posted on 03/21/2010 6:31:58 PM PDT by Cobra64
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To: optiguy

Hope and change!

I hope the young Obamatons like it because they’ll be paying for it a lot longer than I will.


9 posted on 03/21/2010 6:33:49 PM PDT by Skepolitic
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To: Cobra64
There ain't no rules around here, we're trying to accomplish something. And therefore, when the deal goes down...all this talk about tule, we make 'em up as we go along

How does a man who talks slang and has so much contempt for the law become a Federal judge in the first place?

10 posted on 03/21/2010 6:39:18 PM PDT by stripes1776 ("That if gold rust, what shall iron do?" --Chaucer)
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To: Cobra64

Figures. We have an out-of-control Congress.


11 posted on 03/21/2010 6:54:30 PM PDT by rbosque (11 year Freeper! Combat Economist.)
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To: optiguy

BTTT


12 posted on 03/21/2010 6:56:14 PM PDT by neverdem (Xin loi minh oi)
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To: optiguy

When I heard a congressman yesterday, for the very first time (despite having followed this nightmare as closely as anyone), saying that this monstrosity includes LONG TERM CARE, I hit the ceiling with my head and my jaw was STILL on the floor.

Who doesn’t know by now that long term care costs people everything the have or ever will have? There is not enough money in the world (much less spare funds laying around in the USA) to give all Americans long term care.

Like the Carpenters’ song used to say “We’ve only just begun...” to find out what blank-check, budget-busting, bank-breaking, bond-rating-devaluing, Christmas tree ornaments are still out there for us to be surprised by.


13 posted on 03/21/2010 7:13:42 PM PDT by Migraine (Diversity is great... ...until it happens to YOU.)
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bttt


14 posted on 03/21/2010 9:14:41 PM PDT by ELS (Vivat Benedictus XVI!)
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To: optiguy

You know there’s something going on when this bill calls for 16,000 more IRS hires just to do random medical audits.


15 posted on 03/22/2010 12:50:16 AM PDT by BigSkyFreeper ("Ked Tennedy would have been plowed... I mean, proud today..." - Senator Max Baucus (Drunk-MT))
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