RDD_1210
Forms his own opinions
- May 13, 2010
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It means you claim to pay for a program with savings, but the 'savings', etherial that they are, are also, meaning at the same time, being used elsewhere.
They're not being used elsewhere, that's the point. Show me in the score where the CBO has the slowed Medicare cost growth affecting the deficit impact prediction in multiple places. Don't link to me Ryan and don't link me to an administration quote, we're using only primary sources here (that means the actual CBO score).
You'll be disappointed to learn that I pay as much attention to your orders as every other female who has had the pleasure of making your acquaintance...
... and on that note:
In fact, every federal social program has cost far more than originally predicted. For instance, in 1967 the House Ways and Means Committee predicted that Medicare would cost $12 billion in 1990, a staggering $95 billion underestimate. Medicare first exceeded $12 billion in 1975. In 1965 federal actuaries figured the Medicare hospital program would end up running $9 billion in 1990. The cost was more than $66 billion.
In 1987 Congress estimated that the Medicaid Special Hospitals Subsidy would hit $100 million in 1992. The actual bill came to $11 billion. The initial costs of Medicare's kidney-dialysis program, passed in 1972, were more than twice projected levels.
The Congressional Budget Office doubled the estimated cost of Medicare's catastrophic insurance benefit subsequently repealed from $5.7 billion to $11.8 billion annually within the first year of its passage. The agency increased the projected cost of the skilled nursing benefit an astonishing sevenfold over roughly the same time frame, from $2.1 billion to $13.5 billion. And in 1935 a naive Congress predicted $3.5 billion in Social Security outlays in 1980, one-thirtieth the actual level of $105 billion.
Doug Bandow on Medicare on National Review Online
So, among the various and sundry...let's call them 'tricks' is the wilfull disregard for experience.
I belive in the experience of the past....
...you should try that approach.
As much of a non-answer as I've ever seen. Well done.