Capitalist
Jeffersonian Liberal
- May 22, 2010
- 835
- 210
- 78
Anthony Weiner earns his name:
[ame]http://www.youtube.com/watch?v=gZ5iAFYwmbQ&feature=player_embedded[/ame]
From the CBO Director's Blog: CBO's Preliminary Analysis of H.R. 2, the Repealing the Job-Killing Health Care Law Act. In the piece, the director claims that repealing ObamaCare will indeed cost $1.2 trillion. But it's not true. Why? Because this same director claimed before the passage of eth bill that it would actually cost around that, not save it.
From the Washington Post on July 17, 2009:
[ame]http://www.youtube.com/watch?v=gZ5iAFYwmbQ&feature=player_embedded[/ame]
From the CBO Director's Blog: CBO's Preliminary Analysis of H.R. 2, the Repealing the Job-Killing Health Care Law Act. In the piece, the director claims that repealing ObamaCare will indeed cost $1.2 trillion. But it's not true. Why? Because this same director claimed before the passage of eth bill that it would actually cost around that, not save it.
From the Washington Post on July 17, 2009:
Congresss chief budget analyst delivered a devastating assessment yesterday of the health-care proposals drafted by congressional Democrats, fueling an insurrection among fiscal conservatives in the House and pushing negotiators in the Senate to redouble efforts to draw up a new plan that more effectively restrains federal spending.
Under questioning by members of the Senate Budget Committee, Douglas Elmendorf, director of the nonpartisan Congressional Budget Office, said bills crafted by House leaders and the Senate health committee do not propose the sort of fundamental changes necessary to rein in the skyrocketing cost of government health programs, particularly Medicare. On the contrary, Elmendorf said, the measures would pile on an expensive new program to cover the uninsured.
Though President Obama and Democratic leaders have repeatedly pledged to alter the soaring trajectory or cost curve of federal health spending, the proposals so far would not meet that goal, Elmendorf said, noting, The curve is being raised. His remarks suggested that rather than averting a looming fiscal crisis, the measures could make the nations bleak budget outlook even worse.
Elmendorfs blunt language startled lawmakers racing to meet Obamas deadline for approving a bill by the August break. The CBO is the official arbiter of the cost of legislation. Fiscal conservatives in the House said Elmendorfs testimony would galvanize the growing number of Democrats agitating for changes in the more than $1.2 trillion House bill, which aims to cover 97 percent of Americans by 2015.
Under questioning by members of the Senate Budget Committee, Douglas Elmendorf, director of the nonpartisan Congressional Budget Office, said bills crafted by House leaders and the Senate health committee do not propose the sort of fundamental changes necessary to rein in the skyrocketing cost of government health programs, particularly Medicare. On the contrary, Elmendorf said, the measures would pile on an expensive new program to cover the uninsured.
Though President Obama and Democratic leaders have repeatedly pledged to alter the soaring trajectory or cost curve of federal health spending, the proposals so far would not meet that goal, Elmendorf said, noting, The curve is being raised. His remarks suggested that rather than averting a looming fiscal crisis, the measures could make the nations bleak budget outlook even worse.
Elmendorfs blunt language startled lawmakers racing to meet Obamas deadline for approving a bill by the August break. The CBO is the official arbiter of the cost of legislation. Fiscal conservatives in the House said Elmendorfs testimony would galvanize the growing number of Democrats agitating for changes in the more than $1.2 trillion House bill, which aims to cover 97 percent of Americans by 2015.