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Another $17 trillion surprise found in Obamacare
The Daily Caller ^ | 3/30/12 | Neil Munro

Posted on 03/30/2012 10:00:53 AM PDT by Nachum

Senate Republican staffers continue to look though the 2010 health care reform law to see what’s in it, and their latest discovery is a massive $17 trillion funding gap.

“The more we learn about the bill, the more we learn it is even more unaffordable than was suspected,” said Alabama Sen. Jeff Sessions, the Republican’s budget chief in the Senate.

“The bill has to be removed from the books because we don’t have the money,” he said.

The hidden shortfall between new spending and new taxes was revealed just after Supreme Court justices grilled the law’s supporters about its compliance with the Constitution’s limits on government activity. If the court doesn’t strike down the law, it will force taxpayers find another $17 trillion to pay for the increased spending.

The $17 trillion in extra promises was revealed by an analysis of the law’s long-term requirements. The additional obligations, when combined with existing Medicare and Medicaid funding shortfalls, leaves taxpayers on the hook for an extra $82 trillion in health care obligations over the next 75 years.

(Excerpt) Read more at dailycaller.com ...


TOPICS: Breaking News; Constitution/Conservatism; Front Page News; Government; News/Current Events
KEYWORDS: 17trillion; found; healthcare; obama; obamacare; obamacarefundinggap; obamathreatensscotus; scotusocareanalysis; surprise; trillion
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To: Nachum

1000 Trillion = 1 trilliard


51 posted on 03/30/2012 12:08:13 PM PDT by plewis1250 (The pecking order: Christian, American, Conservative, Republican)
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To: Nachum

$17 Trillion bumps....


52 posted on 03/30/2012 12:09:30 PM PDT by newfreep (Breitbart sent me...)
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To: Nachum
Every person who voted for this bill should step down and if they don't we should fire every one of them. They did not do their job. They should have read the bill. They should have had all the figures in mind and they should have figure out what was best for the people.

You drive down the road and you see a house and it has all kinds of kids toys out front, a boat and a couple wave runners off to the side of the nice house, a new 4x4 pickup to pull the boat with sitting in the drive way, maybe a nice camper sitting somewhere, and a new car in the garage,and you think to yourself, “they must be rich”. Most likely, and our great Nation is in the same shape, they are in debt up to their eyeballs. As soon as the economic winds shift in the wrong direction, these people will be getting rid of a lot of stuff.

We can not afford health care right now. If our elected officials would have done their job and kept us out of debt, then we might have been able to afford something else. But we are broke and in debt. And you can thank the political scum bags in Washington DC for that. You can thank them for a health care bill that could sink us. The people on Capital Hill need to be packing and sent packing right now. If the American people keep on re-electing these fork tongued charmers, then we are going to have to sleep in the bed they made. And I don't know about you, but I am not counting on a good nights sleep.

53 posted on 03/30/2012 12:10:38 PM PDT by do the dhue (WARNING: this site is not liable for the things I say)
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To: evad

“Hi Premier Chan. This is your old bud Barack. How about another 17 trillion?”

or

Howdy King, this is your loyal subject Obama, I appreciate you pumping all the oil you can, but something else has come up...............


54 posted on 03/30/2012 12:10:45 PM PDT by DAC21
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To: thepatriot1
My earlier post was off, its actually 1 quadrillion Another interesting factoid, is that after 1000 trillion (1 quadrillion) we are in really dangerous territory...
There are around 1 - 10 quadrillion ants living on the earth at any given time...
55 posted on 03/30/2012 12:13:18 PM PDT by plewis1250 (The pecking order: Christian, American, Conservative, Republican)
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To: ImJustAnotherOkie; Drill Thrawl; presently no screen name
He’s so incompetent it’s starting to get funny. That Obama, what will happen to him next?

If we all sit home to teach the GOP a lesson, WINNING in 2012 is what will happen to him next.

56 posted on 03/30/2012 12:16:32 PM PDT by sam_paine (X .................................)
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To: Nachum

Better familiarize yourself with the following...

trillion
quadrillion
quintillion
sextillion
septillion
octillion
nonillion
decillion
undecillion
duodecillion
tredecillion
quattuordecillion
quindecillion
sexdecillion
septendecillion
octodecillion
novemdecillion


57 posted on 03/30/2012 12:18:20 PM PDT by thepatriot1 (...brought to you courtesy of the Red, White and Blue)
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To: Nachum

It’s like Crackerjacks - “A Prize On Every Page!”


58 posted on 03/30/2012 12:20:09 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Nachum

Let the bill stand. Obama will forever be known as the incompetent clown who crashed the economy.

At some point, it is beyond fixing.


59 posted on 03/30/2012 12:23:32 PM PDT by Red in Blue PA (Read SCOTUS Castle Rock vs Gonzales before dialing 911!)
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To: Nachum

Let the bill stand. Obama will forever be known as the incompetent clown who crashed the economy.

At some point, it is beyond fixing.


60 posted on 03/30/2012 12:23:40 PM PDT by Red in Blue PA (Read SCOTUS Castle Rock vs Gonzales before dialing 911!)
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To: SMARTY
How’s about the Fed just lets us keep the 17mil in the first place... instead of taking from us and THEN returning it to us on their OWN PLAN

No, no, no, then the federales couldn't redistribute our money in proper proportion to their favored cronies, friends, family, post-government employers and campaign contributors!

61 posted on 03/30/2012 12:27:33 PM PDT by JediJones (The Divided States of Obama's Declaration of Dependence: Death, Taxes and the Pursuit of Crappiness)
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To: andy58-in-nh

“” “(There’s) your Republican Party, people: always “going along to get along” while Democrats happily bash their brains in, routinely calling them every mean, nasty, rotten, vicious, incendiary thing they can think of, and then some - should they ever object, even for a moment.

After which: Cryin’ John will apologize, because it must be our fault they don’t love us. Boo Freakin’ Hoo.

Battered Wife Syndrome, anyone?

Well, speaking for the non-masochistic base of the GOP: we’ve had enough of this Sheeeite.

We desperately need representatives with brass knuckles and brass balls; instead we get a bunch of invertebrate eunuchs; fairy-a**ed, pussifed little wimps who can’t take a punch without whining and pouting like Richard Simmons on estrogen supplements.”

Too mild.... : )


62 posted on 03/30/2012 12:28:42 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: sam_paine

I’m NOT staying home - but that doesn’t mean I vote for Mitt/evil!! I NEVER voted for a PRO HOMO/PRO ABORTION/anti traditional marriage/BigGov’t socialistic HEALTHCARE POS candidate and not starting now. I’m not pulling a lever for his devil.

Men died for our freedoms - one nation under God - I honor THEM. I honor AMERICA - not her enemies. I’m not teaching the GOP anything - evil doesn’t learn - it only get worse and they have. I choose NOT to be part of them.


63 posted on 03/30/2012 12:31:24 PM PDT by presently no screen name
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To: Nachum


64 posted on 03/30/2012 12:33:05 PM PDT by JediJones (The Divided States of Obama's Declaration of Dependence: Death, Taxes and the Pursuit of Crappiness)
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To: andy58-in-nh

Someone should make a graphic with the “bill” from the old ABC cartoon with a hoody over it’s head


65 posted on 03/30/2012 12:34:33 PM PDT by silentknight
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To: thepatriot1

Obamquillon


66 posted on 03/30/2012 12:35:09 PM PDT by COUNTrecount (Barry...above his poi grade.)
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To: Terry Mross

Nobody pays less until you take some costs out of the system.


67 posted on 03/30/2012 12:36:29 PM PDT by wordsofearnest (Proper aim of giving is to put the recipient in a state where he no longer needs it. C.S. Lewis)
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To: Vigilanteman

Or, win the half-a-billion dollar lottery about 35,000 times!


68 posted on 03/30/2012 12:36:59 PM PDT by 21twelve
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To: plewis1250

I’m so glad you posted the ant population number. It provides me a place to post this......

http://www.dump.com/biggestant/

Until we learn to communicate with ants and bees we have no hope of communicating with extra terresterials.


69 posted on 03/30/2012 12:39:28 PM PDT by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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To: Nachum
Dental Care: Does ObamaCare cover routine dentist visits and serious dental surgery like tooth replacement and root canal surgery?

Supreme Court Justices: Are Justices, Senators, and Representatives required to sign-up for ObamaCare, or do they get special treatment and so they are exempt?

My thoughts:

I believe that ObamaCare is one big mess.

Still, I wish we could do something so that we average people can be covered by some type of health insurance.

For instance, average income people could purchase $10,000 to $20,000 coverage, and then the government would kick in with catastrophic coverage once the medical bills are more than $20,000.

$20,000 coverage would take care of routine visits to the doctor and a few emergency room visits per year.

Serious tests and sicknesses---like cancer and diabetes---would be covered by government catastrophic insurance.

People with no income, such as homeless people: We should try to come up with a special program where they can get basic care until they can get back on their feet and pay for some of the coverage.

We have got to do something to help the less fortunate to get health coverage, but sad to say, ObamaCare is not the answer, because its 2,000 plus pages are nothing but pages of confusion after confusion.

70 posted on 03/30/2012 12:39:49 PM PDT by john mirse
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To: 21twelve

71 posted on 03/30/2012 12:40:06 PM PDT by JediJones (The Divided States of Obama's Declaration of Dependence: Death, Taxes and the Pursuit of Crappiness)
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To: andy58-in-nh
This has always been my main argument against Obamacare. Even if the goal of universal health care is laudible, even if it is constitutional, it makes very little sense if it bankrupts us. The economic collapse aspect of Obamacare trumps even its constitutionality, in my book. One needs only look at Greece, the EU in general, or any socialist economy that has ever existed for evidence of Obamacare's folly.
72 posted on 03/30/2012 12:46:00 PM PDT by fhayek
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To: john mirse

How about a massive tax deduction or exemption up to a certain limit if you contribute to health care charities that help the uninsured?

Bottom line is we can’t have another government program. They can’t manage their books. Charities can manage their books. So creating a voluntary mechanism and incentive for people to send their money to charities that help the health care problem makes a lot more sense.


73 posted on 03/30/2012 12:50:26 PM PDT by JediJones (The Divided States of Obama's Declaration of Dependence: Death, Taxes and the Pursuit of Crappiness)
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To: Nachum

I think the pic is self-explanatory ...

74 posted on 03/30/2012 12:56:49 PM PDT by Lmo56 (If ya wanna run with the big dawgs - ya gotta learn to piss in the tall grass ...)
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To: Red in Blue PA
“Let the bill stand. Obama will forever be known as the incompetent clown who crashed the economy”

Americans have the political smarts and the attention span of a gnat. When the poop really hits the fan they will take retribution with whomever is in the WH at the time it goes down. Rats play this game much better than Repubs, it will be a Republican whom gets the blame, believe me.

75 posted on 03/30/2012 1:06:31 PM PDT by DAC21
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To: evad

Correction!

I already sold America to the Muzzies, before I promised the Ruskie’s they could have Her, before I am now promising America to the Chinks who already Own Her Thanks to my Treasonous acts to destroy Her!


76 posted on 03/30/2012 1:10:06 PM PDT by True Republican Patriot (May GOD SAVE OUR AMERICA from ALLAH and his Prophet, HUSSEIN OBAMA!!)
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To: Nachum

Any a$$ that signed that bill should resign in disgrace right now.

I’d like to take that giant mallet of Pelosi’s and...let her ride home on it.


77 posted on 03/30/2012 1:12:45 PM PDT by SueRae (Tale of 2 Towers - First, Isengaard (GOP-e), then, the Tower of Sauron on 11.06.2012)
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To: Nachum

Um this looks like that new math I have been hearing about. You know, 2 plus 2 can equal what ever you want as long as you are trying..............


78 posted on 03/30/2012 1:20:26 PM PDT by blueyon (The U. S. Constitution - read it and weep)
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To: thepatriot1

quadrillion


79 posted on 03/30/2012 1:30:35 PM PDT by WSGilcrest (/s)
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To: Red in Blue PA

” Let the bill stand. Obama will forever be known as the incompetent clown who crashed the economy.”

I hope you are joking.


80 posted on 03/30/2012 1:31:04 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: JediJones
How about a massive tax deduction or exemption up to a certain limit if you contribute to health care charities that help the uninsured?

Bottom line is we can’t have another government program. They can’t manage their books. Charities can manage their books. So creating a voluntary mechanism and incentive for people to send their money to charities that help the health care problem makes a lot more sense.

********

This is mirse. Your idea sure sounds like something we should try.

81 posted on 03/30/2012 1:38:16 PM PDT by john mirse
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To: Nachum

17 trillion will buy you a dozen Chevy Volts, electricity not included.


82 posted on 03/30/2012 1:43:22 PM PDT by Karliner ( Jeremiah 29:11, Romans 8:28, Romans 8:38"...this is the end of the beginning."WC)
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To: presently no screen name
I’m NOT staying home - but that doesn’t mean I vote for Mitt/evil!! I NEVER voted for a PRO HOMO/PRO ABORTION/anti traditional marriage/BigGov’t socialistic HEALTHCARE POS candidate and not starting now. I’m not pulling a lever for his devil. Men died for our freedoms - one nation under God - I honor THEM. I honor AMERICA - not her enemies. I’m not teaching the GOP anything - evil doesn’t learn - it only get worse and they have. I choose NOT to be part of them.

I second your thoughts. I will NEVER vote for the evil mitt.

Anyone who votes for mitt because "he is better than Obama" are utterly delusional. The end game with mitt is exactly the end game with Obama

The sooner we hit bottom, the sooner we can restore our Constitutional Republic.

83 posted on 03/30/2012 1:45:23 PM PDT by sand88 (Nothing on this Earth would get me to vote for Mitt.)
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To: Nachum

sfl


84 posted on 03/30/2012 1:47:18 PM PDT by know-the-law
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To: presently no screen name
PRO HOMO/PRO ABORTION/anti traditional marriage/BigGov’t socialistic HEALTHCARE POS

+ anti-gun

85 posted on 03/30/2012 1:48:21 PM PDT by 101stAirborneVet
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To: jersey117
"It only took them two years?

No one said they were done ... though they do have at least one Justice on the Supreme Court who would probably entertain a constitutional challenge to being made to read it all.

86 posted on 03/30/2012 1:51:32 PM PDT by In Maryland (Liberal logic - the ultimate oxymoron!)
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To: Nachum
The additional obligations, when combined with existing Medicare and Medicaid funding shortfalls, leaves taxpayers on the hook for an extra $82 trillion in health care obligations over the next 75 years.


$1 trillion dollars

multiply that times 82!

What does one TRILLION dollars look like?

87 posted on 03/30/2012 1:52:54 PM PDT by NYer (He who hides in his heart the remembrance of wrongs is like a man who feeds a snake on his chest. St)
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To: 101stAirborneVet

Romney is ANTI-AMERICAN!!

EVERYTHING we stand for and believe in - he is AGAINST!


88 posted on 03/30/2012 1:55:45 PM PDT by presently no screen name
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To: Red in Blue PA
Obama will forever be known as the incompetent clown who crashed the economy.

He isn't incompetent - HE IS DELIBERATE!! And that IS already known. We don't have to wait till the future to know it.

89 posted on 03/30/2012 2:02:14 PM PDT by presently no screen name
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To: Lee'sGhost
"Considering how big the bill is, it’s not that surprising. It would take six months just to read it, a hell of a lot longer to analyze it.

Just to give my FRiends an idea of what it's like to read legislation, here is one of the 2700 pages:

SEC. 1102. REINSURANCE FOR EARLY RETIREES. (a) ADMINISTRATION.— (1) IN GENERAL.—Not later than 90 days after the date of enactment of this Act, the Secretary shall establish a temporary reinsurance program to provide reimbursement to participating employment-based plans for a portion of the cost of providing health insurance coverage to early retirees (and to the eligible spouses, surviving spouses, and dependents of such retirees) during the period beginning on the date on which such program is established and ending on January 1, 2014. (2) REFERENCE.—In this section: (A) HEALTH BENEFITS.—The term ‘‘health benefits’’ means medical, surgical, hospital, prescription drug, and such other benefits as shall be determined by the Secretary, Deadline. Time period. whether self-funded, or delivered through the purchase of insurance or otherwise. (B) EMPLOYMENT-BASED PLAN.—The term ‘‘employment- based plan’’ means a group health benefits plan that is— (I) maintained by one or more current or former employers (including without limitation any State or local government or political subdivision thereof), employee organization, a voluntary employees’ beneficiary association, or a committee or board of individuals appointed to administer such plan; or (II) a multiemployer plan (as defined in section 3(37) of the Employee Retirement Income Security Act of 1974); and (ii) provides health benefits to early retirees. (C) EARLY RETIREES.—The term ‘‘early retirees’’ means individuals who are age 55 and older but are not eligible for coverage under title XVIII of the Social Security Act, and who are not active employees of an employer maintaining, or currently contributing to, the employmentbased plan or of any employer that has made substantial contributions to fund such plan. (b) PARTICIPATION.— (1) EMPLOYMENT-BASED PLAN ELIGIBILITY.—A participating employment-based plan is an employment-based plan that— (A) meets the requirements of paragraph (2) with respect to health benefits provided under the plan; and (B) submits to the Secretary an application for participation in the program, at such time, in such manner, and containing such information as the Secretary shall require. (2) EMPLOYMENT-BASED HEALTH BENEFITS.—An employment- based plan meets the requirements of this paragraph if the plan— (A) implements programs and procedures to generate cost-savings with respect to participants with chronic and high-cost conditions; (B) provides documentation of the actual cost of medical claims involved; and (C) is certified by the Secretary.

And make sure you check out the referenced portion of the Social Security Act and ERISA to understand the references! (There are indentations used, but in the interest of keeping it to one screen ...

90 posted on 03/30/2012 2:07:11 PM PDT by In Maryland (Liberal logic - the ultimate oxymoron!)
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To: stephenjohnbanker

How many divisions does John Roberts have?


91 posted on 03/30/2012 2:08:11 PM PDT by Neidermeyer
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To: South40

$17 trillion would be $1000 bills stacked 1,139 miles high.
****************************************************
The highest current US denomination is $100 ... which would make your stack 11,390 miles high assuming there is very little compression from the weight of the money ... $17T in used hundreds would weigh 340,000,000 lbs using the drug dealer counting “shortcut” of 20# per million in hundreds.


92 posted on 03/30/2012 2:15:16 PM PDT by Neidermeyer
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To: Neidermeyer

Divisions?


93 posted on 03/30/2012 2:22:24 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: geege
How can anyone believe he is leading in the polls?????

It appears we are gaming for the same for a replacement less the current political savvy.

I believe it!

If sh!t is the choice against sh!t, what is the advantage?

94 posted on 03/30/2012 2:29:16 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Qbert

“We have to pass the bill so that you can, uh... find out what is in it”.

As I’ve been saying,

“Just like a stool sample!”


95 posted on 03/30/2012 2:50:49 PM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: True Republican Patriot
"Correction! I already sold America to the Muzzies, before I promised the Ruskie’s they could have Her, before I am now promising America to the Chinks who already Own Her Thanks to my Treasonous acts to destroy Her!"

LOL...we have a winner :)

96 posted on 03/30/2012 2:53:56 PM PDT by evad (STOP SPENDING, STOP SPENDING, STOP SPENDING. It's the SPENDING Stupid)
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To: ImJustAnotherOkie; Nachum

That’s the really scary part of it: he’s not incompetent.

HE KNOWS EXACTLY WHAT HE’S DOING. EVERY ALINSKY-PIVEN-LENIN-STALIN-SOROS STEP OF THE TREASONOUS PATH IN DESTROYING AMERICA. (JMO)


97 posted on 03/30/2012 3:37:57 PM PDT by carriage_hill (I'll "vote for an orange juice can", over Barry 0bummer and another 4yrs of his Regime From Hell!)
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To: thepatriot1
What comes after Trillion?

Quadrillion, Quintillion, Sextillion, Septillion

A Trillion is 10 followed by 12 zeros. A Septillion is 10 followed by 24 zeros.

The total miles from one side of the universe to the other is estimated to be about 90 sextillion miles.

US budgets in trillions of dollars is as insane as trying to row a boat from one end of the universe to the other.

98 posted on 03/30/2012 3:41:43 PM PDT by Ron C.
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To: Qbert
“We have to pass the bill so that you can, uh... find out what is in it”...

And now that we know, we have to kill it.

99 posted on 03/30/2012 3:41:52 PM PDT by JrsyJack (a healthy dose of buckshot will probably get you the last word in any argument.)
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To: Nachum
There's always *exabytes* (1018 bytes = 1,000,000,000 gigabytes = 1,000,000 terabytes). And then there's a million exabytes equal a *yottabyte* (1024 bytes) – by them. A single yottabyte is 500 quintillion (500,000,000,000,000,000,000) pages of text.
100 posted on 03/30/2012 3:44:55 PM PDT by carriage_hill (I'll "vote for an orange juice can", over Barry 0bummer and another 4yrs of his Regime From Hell!)
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