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Re: House Passes Healthcare Bill
Old 03-22-2010, 03:12 PM   #7
Professor S
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Default Re: House Passes Healthcare Bill

Quote:
Originally Posted by BreakABone View Post
As fair as I figure, the bill that passed does support tax payers funded abortions, and that Pres Obama is expected to sign in an executive order to get rid of that clause, but could be mistaken.
And there is a lot of debate as to whether or not that executive order will stand up. As far as I can tell, it won't. Executive orders can't supersede legislation. As soon as the executive order is challenged in court it will be overturned.

The was a scheme to allow the anti-abortion dems to vote for the bill and when it the order is overturned, they can blame the courts. Excellent gamesmanship. Lousy governing, but excellent gamesmanship.

Quote:
http://money.cnn.com/2010/03/12/news...tune/index.htm

How the bill will supposedly pay for itself.
From BaB's article.

Quote:
How the math adds up

So how much must the government borrow to pay for reform? That's the true measure of future deficits. Let's start with the CBO's "deficit reduction" estimate of $118 billion.

First, we'll subtract the Doc Fix of $371 billion, which Obama does not pay for and must be borrowed. That wipes out all of the theoretical decline in the deficit and leaves a shortfall of $253 billion.

Then we'll subtract the tax revenues that are owed for entitlements, and therefore excluded from paying for the bill: $70 billion from the CLASS Act, $52 billion for Social Security, and $113 billion for Medicare. That subtotal: $235 billion.

So the full amount that must be borrowed by 2019 is $488 billion. (That's 39% of the total cost, composed of the $875 billion official estimate plus the Doc Fix of $371 billion, for a total of $1.25 trillion.) Add in interest, which is excluded from the official CBO cost, and the total amount approaches $600 billion. So the U.S. will need to borrow an additional $600 billion to pay for a new medical system -- one that won't be up and running until 2014.

Only by using the crazy math of health care can a bill both "lower deficits" and enormously raise debt. America's struggling households know what real deficit reduction looks like, and this isn't it. To top of page
This pretty much sums up everything Paul Ryan illustrated in the health care summit.



I still haven't found anyone who can refute the numbers he quotes. The only response I've heard is some nonsense about "But when the CBO says something you like, you love them!" That has nothing to do with the reality of the situation.

The authors of the health care bill know this thing can't pay for itself. Its not even close. So instead of doing the right thing and readdressing the issues to make a sustainable plan, they decided it would be better to save face, feed the CBO fantasy figures, and therefore have a chance to save their own asses in the fall elections (a dubious strategy, but the alternative of being soundly defeated is the greater of both evils).

This is a game to these people, and its a game that will likely add the better part of $1,000,000,000,000.00 to the national debt. Right now the only way to stop this debacle is in court. Several states' attorneys general have already combined forces to sue the federal government.

http://www.comcast.net/articles/news...THCARE-STATES/
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Last edited by Professor S : 03-22-2010 at 03:29 PM.
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