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Senate Health-Care Bill’s Costs

November 23, 2009

Here’s a link:

CBO Projections: Senate Health-Care Bill’s True 10-Year Costs: $1.8 Trillion

And another:

Another set of cooked books

Harry Reid, Senate Democrat Majority Leader

Harry Reid, Senate Democrat Majority Leader

SENATE Majority Leader Harry Reid is touting the Senate’s latest health-care bill as costing $849 billion over 10 years. But this uses the same accounting trick as past versions: 99 percent of the costs don’t kick in until the fifth year of that “10-year” period. The true 10-year costs are well over twice what Reid’s advertising: $1.8 trillion.

The Democrats cite the bills’ projected costs from 2010-19. Yet, as the Congressional Budget Office reports, the bill would cost just $9 billion total from 2010 through 2013 — versus $147 billion in 2016 alone. In the first 40 percent of what the Democrats are calling the bill’s “first 10 years,” only 1 percent of its costs would yet have hit.

It’s just like Obamanomics! They start with new and higher taxes now, collect money for FIVE YEARS then the costs kick in… and they keep touting the cost “over ten years”. Well, what are the costs starting five years from now… ten years from now…

As the CBO analysis indicates, the bill’s real 10-year costs would start in 2014. And in its true first decade (2014 to 2023), the CBO projects the bill’s costs to be $1.8 trillion — double the price Reid is advertising.

And that’s even though the CBO optimistically assumes the government-run “public option” wouldn’t cost a cent.

Over this same 10-year span, the bill would hike taxes and fines by $892 billion — more than the alleged price of the bill.

I think it’s deceitful, dishonest, fallacious, crooked… downright just plain unacceptable!

Friends, 60 radicals in the Senate voted on Saturday to move this bill forward. Never forget. Remember in November. Remember in 2010…


Oh by the way! Here is some entertainment. A “news anchor” on the far left fringe campaigns for Obama’s legislation. Why did she and CBS do that partisan commercial??? As she says, “The Republican votes right now total zero.”

Oh, yeah… she’s makin’ it clear alright.

 

http://wp.me/pFeEj-8Z

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