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If it paid for itself then why are we paying MORE ?
Nothing in the government pays for itself because the government doesn't generate money..it takes OUR money.
The government cannot create jobs (except within itself) and the government does not generate money.
The CBO has a new score of the final Senate healthcare bill, with all its amendments included, and it hasn't changed much. Over the next decade they estimate that it would lower the federal deficit by $118 billion.
But isn't this just smoke and mirrors because the bill raises taxes for ten years but only spends money for six? Nope. It also reduces the federal deficit in the full decade after 2019.
CBO expects that the proposal would generate a reduction in the federal budgetary commitment to health care during the decade following 2019; that judgment is unchanged from CBO’s previous assessment.
More confirmation that the numbers from the CBO are based on "assumptions" and "promises".
Quote:
The CBO is required to assume that Congress will do what it promises. So, for example, Congress promises in the measure to cut several hundred billion dollars in Medicare spending. Sometimes such promises have come to pass. Other times, as in the current difficulty with scheduled cuts in Medicare reimbursements for doctors, they are put off because of a public -- or politically connected -- outcry.
How likely is it the Cadillac tax will be implemented in 7 years? How likely the reimbursement rate for doctors and hospitals will be cut?
More confirmation that the numbers from the CBO are based on "assumptions" and "promises".
How likely is it the Cadillac tax will be implemented in 7 years? How likely the reimbursement rate for doctors and hospitals will be cut?
Willful ignorance to deny these facts.
Exactly. Medicare cuts? If they don't happen (likely), the CBO numbers are wrong. If they do happen (very unlikely), plan on seeing a whole lot of "No Medicare patients accepted" signs.
So to those who support this plan, which do you prefer?
The CBO has a new score of the final Senate healthcare bill, with all its amendments included, and it hasn't changed much. Over the next decade they estimate that it would lower the federal deficit by $118 billion.[/i]
First, they are loading up on new taxes to the tune of over $1 trillion. Great for the economy. But the real rub is that they are assuming that they will actually get to tax all "cadillac" health plans (those that are more expensive than average, for a variety of reasons) at 40%, and there will be absolutely no reduction in the number of those plans. Anyone who thinks businesses will continue to offer plans that get taxed at 40% deserves the title "Democrat".
The CBO has a new score of the final Senate healthcare bill, with all its amendments included, and it hasn't changed much. Over the next decade they estimate that it would lower the federal deficit by $118 billion.
But isn't this just smoke and mirrors because the bill raises taxes for ten years but only spends money for six? Nope. It also reduces the federal deficit in the full decade after 2019.
CBO expects that the proposal would generate a reduction in the federal budgetary commitment to health care during the decade following 2019; that judgment is unchanged from CBO’s previous assessment.
Or maybe not...
Medicare fix would push health care into the red - Yahoo! Finance (http://finance.yahoo.com/news/Medicare-fix-would-push-apf-2700343586.html?x=0&.v=2 - broken link)
I am sure in light of this new information you will change your mind.
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Assumptions
