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Old 01-05-2010, 04:28 AM
 
12,870 posts, read 13,113,011 times
Reputation: 4453

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it is amazing to me that the government would not allow competition in the drug market to reduce the price of drugs for americans. this whole plan is such a disaster! it is a joke to think that the federal government is even going to be in a position to pick up the costs! look at today's report on the current pension plans:

Orin Kramer, chairman of New Jersey’s investment council (advisor for N.J. pension funds), has estimated that public pension funds need an additional $2 trillion to meet future obligations. This results from two factors: (1) poor investment returns in recent years and (2) under funding because of the continued used of overly ambitious assumed average investment returns. His study covered the 25 largest public pension funds in the nation.

the pension funds are 2 TRILLION DOLLARS SHORT and the government is going to be picking up additional costs? Thirty-six of the 50 US states, including California and New York, have plunged into budget deficits since fiscal year 2010 began, which for most states was July 1 2009, according to the National Conference of State Legislatures.

where is all of this money supposed to come from? (especially when you consider that we are supposed to be able to absorb rising unemployment costs and social services as well).
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Old 01-05-2010, 04:49 AM
 
Location: Fredericktown,Ohio
6,899 posts, read 4,400,070 times
Reputation: 2737
Quote:
Originally Posted by floridasandy View Post
the pension funds are 2 TRILLION DOLLARS SHORT and the government is going to be picking up additional costs? Thirty-six of the 50 US states, including California and New York, have plunged into budget deficits since fiscal year 2010 began, which for most states was July 1 2009, according to the National Conference of State Legislatures.

where is all of this money supposed to come from? (especially when you consider that we are supposed to be able to absorb rising unemployment costs and social services as well).
No need to worry,they have two things going for them they worked for the gvt and they are in the union.I smell a bail out coming,then we will print up 2 trillion$ of bonds that are not selling and Uncle Ben will fire up the printing press.
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Old 01-05-2010, 06:27 AM
 
3,568 posts, read 3,270,915 times
Reputation: 1364
[quote=CarolinaWoman;12294981]South Carolina Attorney General, Henry McMaster, is leading a group of 13 other States Attorney Generals considering filing a suit against the Senate Health Care Bill ... all the wheeling and dealing to get votes especially Nebraska's sweet deal.

Last Thursday Senator Ben Nelson (D-Neb) called McMaster and asked him to 'call off the dogs' on pursuing legal action. Get this ... Nelson told McMaster the same deal Nebraska got will be offered to every state. Under the Nebraska provision, all added expenses from expanding Medicaid to cover the uninsured in Nebraska starting in 2017 would be borne by the federal government FOREVER, not split with the state as they are now.

Call Off The Dogs

Then ... it hits several liberal states ... ''oh my gawd we gonna have to pay for all those po' folks down south' ... “We are, in a sense, being punished for our own charity,” Gov. David A. Paterson of New York said last week.

Where Is The Love Now?

Oh what a mess we have in Washington! [/QUOT

If the plan is to have the federal government pick up the tab for the increase in Medicaid costs caused by this bill then the bill needs to be sent back to the CBO to have it re-scored. They won't do that, of course, because they know that the cost projections are totally bogus and re-scoring the bill to reflect the increased cost of the Medicaid expansion would make that obvious.
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Old 01-05-2010, 07:15 AM
 
Location: a nation with hope
13,153 posts, read 17,375,555 times
Reputation: 5025
[quote=JimMe;12302429
If the plan is to have the federal government pick up the tab for the increase in Medicaid costs caused by this bill then the bill needs to be sent back to the CBO to have it re-scored. They won't do that, of course, because they know that the cost projections are totally bogus and re-scoring the bill to reflect the increased cost of the Medicaid expansion would make that obvious.[/QUOTE]

Yep. You got it.

By the way, I hear today that they're planning to go into closed door session again, shutting out the Republicans, to finalize the bill.

C-Span is calling for transparency via coverage of the deliberations.
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Old 01-05-2010, 07:27 AM
 
Location: Illinois Delta
5,763 posts, read 4,344,208 times
Reputation: 2060
Too bad y'all weren't so well-informed and vigilant as you seem to be now when Bush 43 was in office...we wouldn't be in this mess today.
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Old 01-05-2010, 07:37 AM
 
Location: a nation with hope
13,153 posts, read 17,375,555 times
Reputation: 5025
Quote:
Originally Posted by Evenstar51 View Post
Too bad y'all weren't so well-informed and vigilant as you seem to be now when Bush 43 was in office...we wouldn't be in this mess today.
And where were you, when Bush was in office?? Maybe if you'd been more vigilant and outspoken then we wouldn't be in this mess... ?
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