So Who Cares What The C.B.O Has To Say, Aniways?

[don_equis]

Our smart elected officials at work, like several times before when those stimulus came into the national scene, the omnibus spending bill, "the going green law" the CBO comes up with the numbers but who gives a rat what these crazy penny pinching people have to say...

An excerpt from an article that I found:

House Democrats set to vote on health care bill

By ERICA WERNER, Associated Press Writer Erica Werner, Associated Press Writer – 29 mins ago
WASHINGTON – Health care legislation would raise costs, not lower them, Congress' top budget cruncher said Thursday, complicating President Barack Obama's push to overhaul the system.

Congressional Budget Office Director Douglas Elmendorf warned lawmakers based on calculations of the various bills in the House and Senate. Elmendorf was asked by Senate Budget Committee Chairman Kent Conrad, D-N.D., if the bills Congress is considering would "bend the cost curve." The budget director responded: "The curve is being raised."

Subsidies to help uninsured people would raise federal health care spending, which is already growing at an unsustainable rate, Elmendorf said at a hearing. The Medicare and Medicaid cuts that lawmakers have offered to pay for the coverage expansion aren't big enough to offset the cost trend, particularly in the long term, he said.

Congress is moving forward nonetheless.

http://news.yahoo.com/s/ap/us_healt...jA3luX3RvcF9zdG9yaWVzBHNsawNob3VzZWRlbW9jcmE-

 

[don_equis]

Ron "THE MAN" Paul comes out and talks some smack!

Healthcare Is "Not a Right" and Obama's Plan Will Cost Way Beyond $1T, Ron Paul Says

Healthcare legislation is quickly picking up momentum in Washington. Three separate committees in the House of Representatives are hard at work hammering out details of a bill. Votes are planned today in the Education and Labor and Ways and Means committees on a plan that majority House Democrats presented this week. The legislation seeks to provide coverage to nearly all Americans by subsidizing the poor and penalizing individuals and employers who don't purchase health


http://finance.yahoo.com/tech-ticker/article/281590/Healthcare-Is-Not-a-Right-and-Obama

 

[titsrock]

His cellphone comment was spot on. The Euros, Japanese, have superior healthcare and superior cellphones and cellphone networks than we do. Yet, we can't get beyond the fact that we pay more for less and the Conservatives think this is the best approach for America. Pay more, get less. No thanks.

He might be the only Medical Doctor on the planet who believes healthcare is not a fundamental human right. Thank god he's not my doctor, and I question if he's even a very good doctor since he hardly had a medical career. He just couldn't wait to get into politics and get his hands on all that Earmark money.

 

[don_equis]

« Intergovernmental Mandates in Federal LegislationThe Long-Term Budget Outlook
Today I had the opportunity to testify before the Senate Budget Committee about CBO’s most recent analysis of the long-term budget outlook.

Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the long run. Although great uncertainty surrounds long-term fiscal projections, rising costs for health care and the aging of the population will cause federal spending to increase rapidly under any plausible scenario for current law. Unless revenues increase just as rapidly, the rise in spending will produce growing budget deficits. Large budget deficits would reduce national saving, leading to more borrowing from abroad and less domestic investment, which in turn would depress economic growth in the United States. Over time, accumulating debt would cause substantial harm to the economy. The following chart shows our projection of federal debt relative to GDP under the two scenarios we modeled

for those who find this not very long rest of this report by CBO a matter of importance there's the rest of the article:
http://cboblog.cbo.gov/?p=328

IMO Obama should have made this his first priority along with some type of "real stimulus", i.e. investeing in the infrastructure of this nation, his broadband to rural areas, domesticalluy drilling for oil and not focussing on these "green jobs", giving money to auto companies that still went bankrupt, that bailout full of pork. This should have been first these $600 billions minus the "mandate" to have mandatory hgealth insurance then perharps most americans would not be so concerned.

That big bailout that he passed after the first one from Bush did not worked has done nothing but add to the deficit, that should have not been his priority, but then again we are getting what some people elected him for.

 

[calpoon]

Why is Ru Paul talking about healthcare? I mean, just because he's a transvestite, doesn't qualify him to talk about politics.