I'm going to try a new tactic, since nothing else has been effective.
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Originally Posted by TheGame
In my opininon its win-win, if its relitively bad compared to what private insurance is willing to offer, it will only be for extreme cases that private inurance refuses to touch. But, if private insurance doesn't get their act together enough to compete, then it will become something bigger and private insurance will likely be pushed into something that the wealthy use only.
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Who pays for the public option?
You do know that the premiums paid by citizens who choose to opt-in will not be enough to cover the entire cost of the program, correct?
Do you believe a public option would truly be deficit-neutral as President Obama claims it would be? Reference this article from the WSJ citing the CBO's (which is non-partisan) findings:
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But the most damaging news came from Congressional Budget Office (CBO) Director Douglas Elmendorf, who said last week that the White House’s health-care proposals would not “reduce the trajectory of federal health spending by a significant amount.” This shattered the central claim Mr. Obama has been making: that his health-care plan controls costs. In a July 17 letter, Mr. Elmendorf added that the House’s health-care bill would result in a “net increase in the federal budget deficit of $239 billion” over 10 years. That’s likely a low-ball estimate because it assumes that Congress will increase taxes by $583 billion over the next decade.
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