Posted on 10/14/2011 2:36:48 PM PDT by Hunton Peck
The President’s Health-Care Law’s House of Cards Begins to Crumble
WASHINGTON – Today, House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement regarding the Obama Administration’s decision to discontinue a key component of its health-care law:
“To hide the true cost of their health-care overhaul, the leaders of the Democratic party loaded it with gimmicks and double-counting. One of the most egregious of these gimmicks involved the CLASS Act, a new long-term care program that was scored as an offset against the ten-year, trillion-dollar cost of the Democrats new law. Independent health care experts warned that the CLASS Act program would turn into a classic ‘insurance death spiral.’ Not only would the short-term savings fail to materialize, but the long-term costs would prove catastrophically high. Even Democratic Senator Kent Conrad called the program ‘A Ponzi scheme Bernie Madoff would have been proud of.’
“Today, the Obama Administration finally surrendered to reality: Health and Human Services Secretary Kathleen Sebelius has informed Congressional leaders that she ‘does not see a viable path forward for CLASS implementation at this time.' The smoke and mirrors that the Democrats employed to sell their health care overhaul are finally falling away, one broken promise at a time. When all of these gimmicks are stripped out, the new law would add hundreds of billions of dollars in red ink over the next decade, as health-care costs send the debt spiraling out of control. Now it is time for Congress to do the responsible thing: Repeal the disastrous new law and replace it with true, patient-centered reforms.”
For more information: http://budget.house.gov/healthcare/
Good grief, our own people play ball with the enemy.
ping-a-ling
Sure do!!!!
Sure do!!!!
bttt
HOORAY Paul Ryan!
"Everything about socialism is sham and affectation." - 23.11 Ch23 Evil; Economic Harmonies; Frederic Bastiat 1801-1850
Are American voters brain dead? These crminals and their corruption are exposed yet they continue with impunity. How long woulde anyone last in the private sector if found to be "cooking the books"? They would be out and facing prosecution.
Our officials get reelected so they can figure more clandestine ways to rob the public. When will this maddness stop???
Will we really need a revolution because the election process just isn't working!!!
HOORAY Paul Ryan!
“Above all, if you wish to be strong, begin by rooting out every particle of socialism that may have crept into your legislation. This will be no light task.” - The Law; Frederic Bastiat 1801-1850
They all need to be put behind bars and WE THE PEOPLE should demand it from our new administration!!!!!!!
YES Most definitely, There seems to be no other way of saving our Constitutionally Guided Republic from these No good, Lying, Self serving SOB’s
‘Had to pass it to know what was in it.’
Now, we are finding out why they had to pass it without knowing what was in it.
Can these representatives and senators be prosecuted in court for their complicity in all these obviously illegal actions after they leave office? Inquiring minds want to know.
In '08 some conservatives urged us not to vote either for McCain OR Obama. Though I understood their reasoning, my vote for McCain was a vote against Obama. .
I hope I don't hear any of that kind of advice in 2012. We've GOT to throw our support behind WHOEVER wins the Republican nomination.
The thoughts of enduring B.O. and the likes of his administration another four years?
Hello, socialism. Goodbye Freedom.
I’m glad Ryan’s put something out. This turn of events should be hammered by the GOP.
I’m glad Ryan’s put something out. This turn of events should be hammered by the GOP.
In my opinion, ObamaCare/DeathCare is the Holocaust of our time.
Wrong. Repeal the thing and all the other parts of it in the Finance Reform Law and the Stimulus Package etc and don't replace it. Keep repealing. Repeal Medicare(I am on Medicare). Repeal Medicaid.Eliminate the tax advantage of employer provided insurance. Eliminate government paid medical insurance for government employees. Repeal government intervention in American Medicine whatever it is.
Do all that and medicine will become affordable out of pocket for most Americans and charities and foundations will take care of the rest. Health Insurance will become insurance again not prepaid lifetime medical care that pays far more in salaries and rakeoff for bureaucrats- public and private- and politicians than it pays for medical care.
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