The Path To Prosperity

Adult swim, Democrats out of the pool!

Republicans embrace Rep. Ryan’s government budget plan for 2012

House Republicans announced a far-reaching vision for a leaner federal government on Tuesday, presenting a 2012 budget blueprint that would privatize Medicare for future retirees, cut spending on Medicaid and other domestic programs, and offer sharply lower tax rates to corporations and the wealthy.

The proposal represents the most comprehensive philosophical statement by resurgent Republicans since they claimed control of the House in last fall’s midterm elections. It promises to define the party heading into the 2012 presidential election and to shape the policy debate in Washington as both parties grapple with a soaring national debt.

Drafted by House Budget Chairman Paul Ryan (R-Wis.), the proposal aims to eventually shrink federal spending, measured against the economy, to its lowest level since 1949. Ryan said the plan would create jobs, promote growth, and rebuild an economy ravaged by recession and “relentless government spending, taxing and borrowing.”

Read the budget proposal:

The Path to Prosperity

See also:
House Republicans unveil ‘Path to Prosperity’ budget cuts
U.S. Republicans present budget plan with massive cuts
Proposal Transforms Role of Government
The CBO scores Paul Ryan
The Ryan Resolution
GOP budget proposal would cut feds, extend pay freeze
Ryan Rides To The Rescue With Realistic Budget Plan
Editorial: Ryan’s Budget Plan Gets The Job Done
The GOP Path to Prosperity

Right on cue, the Democrats are already squealing like stuck pigs being electrocuted in an acid bath. Children will die, senior citizens will be forced to eat cat food! Brace yourself, because the cynical and deceitful doomsday din will only get louder. Gird yourself for the 2012 elections, Republicans need to oust Obama, take the Senate, and hold the House in order to wrangle this country back onto the road to fiscal sanity. The Democrats’ irresponsible and ruinous spending gravy train must be brought to an end, the status quo is unsustainable and not an option. Vote Republican to save this country’s future from the economic abyss.

/the Path to Prosperity won’t be painless, but it has to be taken, the other road leads the United States down the third world drain

Obama Sets Another New Record

And it’s not a good one.

U.S. posts record monthly budget deficit

The U.S. government posted a budget deficit of $222.5 billion in February, the largest monthly deficit on record, the Treasury Department reported Thursday.

The government spent about $333 billion in the month and took in about $110 billion. February is typically a deficit month.

Year-to-date, the deficit is $641.2 billion, according to Treasury.

And just how bad is Obama’s out of control spending?

Big government doesn’t come cheaply. According to Congressional Budget Office (CBO) figures released Monday, the budget deficit for February hit a staggering $223 billion – meaning the Obama administration added more in debt last month than was borrowed in all of 2007.

Yep, that’s right, Obama added more to the national debt, money that we don’t have, in a single month, than George Bush added in the entire year of 2007. What’s wrong with this picture?

See also:
U.S. Runs $222.5 Billion Deficit in February; Highest for Any Month
U.S. Budget Deficit Expanded to Monthly Record $222.5 Billion in February
U.S. Posts Record Monthly Budget Deficit In February
February budget deficit highest ever for any month
Budget deficit hits record $222.5 billion in February
US budget deficit hits record in February
U.S. federal gov’t monthly budget deficit rises to record high in February
US Trade & Budget Deficits Get Worse
Deficit this month more than all of 2007
Obama Is Setting Records but Not in a Good Way

Everybody knows exactly what has to be done, Medicare, Medicaid, and Social Security need to be reformed back into solvency. It’s going to be painful and unpopular and the longer we wait to do what’s necessary, the more painful and unpopular the reforms are going to be. Unfortunately, no one seems to want to take the lead on this issue and get the job done, least of all Obama, who’s supposed to be leading this country. Obama is nothing more than a narcissistic political opportunist, more concerned with getting reelected than he is concerned with doing what’s right for the American people and the country.

Hopefully, when they release their 2012 budget proposal, the Republicans will step up to the plate as patriotic adults, negative political repercussions be damned, and include entitlement reform that will start to bring this country back on to the path to fiscal sanity.

/because someone has to do the right thing for America, a concept lost on Obama and the Democrats

Obamacare: Way Beyond Anything Rube Goldberg Could Have Ever Imagined

This is your health care on drugs. Does this look like it’s going to be more efficient and save money to you?

Download Chart (PDF format)

Obamacare Only Looks Worse Upon Further Review: Kevin Hassett

One of the more illuminating remarks during the health-care debate in Congress came when House Speaker Nancy Pelosi told an audience that Democrats would “pass the bill so you can find out what’s in it, away from the fog of controversy.”

That remark captured the truth that, while many Americans have a vague sense that something bad is happening to their health care, few if any understand exactly what the law does.

To fill this vacuum, Representative Kevin Brady of Texas, the top House Republican on the Joint Economic Committee, asked his staff to prepare a study of the law, including a flow chart that illustrates how the major provisions will work.

The result, made public July 28, provides citizens with a preview of the impact the health-care overhaul will have on their lives. It’s a terrifying road map that shows Democrats have launched America on the most reckless policy experiment in its history, the economic equivalent of the Bay of Pigs invasion.

Before discussing what the law means for you, we have to look at what it does to government. That’s where the chart comes in handy. It includes the new fees, bureaucracies and programs and connects them into an organizational chart that accounts for the existing structure. It’s so carefully documented that a line connecting two structures cites the legislative language that created the link.

See also:
AMERICA’S NEW HEALTH CARE SYSTEM REVEALED
UPDATED CHART SHOWS OBAMACARE’S BEWILDERING COMPLEXITY

Republicans draw circles around Obama health plan
ObamaCare: A Tangled Knot Around America’s Throat
Obamacare: Read it and weep
Charting the Murky Waters of ObamaCare
Brady bashes government
Republican Chart Outlines House Democrats’ Government Takeover of Health Care
Congressman Kevin Brady
Kevin Brady

Well, I for one DO NOT welcome our new health care overlords. Hopefully, if the Republicans can at least take back the House, they can strangle this vile monstrosity to a slow death by withholding funding, assuming it can’t be straight up repealed.

/in the meantime, be afraid, be very afraid, this is idiotic craziness, far beyond sheer insane madness

Just Say No Repeatedly, As Often As Possible

What crackhead devil spawn manner of bull[expletive deleted] is this?

Although nobody has any idea as to what’s really in this bill that hasn’t even really been written yet, let’s start with some educated guesses.

SuperCaliforniaGuy (5 hours ago) Show Hide 0 Marked as spam
Reply The real costs are:

(1) 10 years of taxes for 6 years of benefits.
(2) Cut $460 billion from Medicare.
(3) Rob $52 billion from SS.
(4) Rob $72 billion from long-term disability.
(5) Double count the above as bill cost offsets.
(6) Transfer $371 billion into another bill called Doc Fix.

Thus, the true cost is $2.3 trillion for first 10 years, not the democrats advertised $950 billion. This means ballooning the deficit.

Just say no, make your voice heard before it’s too late.

The Free Our Health Care NOW! Action Army

Stopping Obamacare: Weekend Targets

/just do it, before it’s too late

A Real Man With A Real Plan

Rep. Ryan proposes radical solution to budget problem

I spent the first part of the week thinking about President Obama’s proposal for next year’s budget. It’s a modest document meant to take current policy and nudge it forward and leftward while beginning the hard work of pushing the deficit downward. It makes its changes at the edge of the state, freezing growth here and expanding programs there.

But I spent the latter part of the week thinking about the proposal from Rep. Paul D. Ryan (R-Wis.) for what our budget should look like 60 years from now. Ryan’s budget is a radical document that takes current policy and rolls a live grenade underneath it. Social Security? Ryan’s adds private accounts. Medicaid? Ryan privatizes it. Medicare? Same thing. Health care? Ryan repeals the subsidy for employer-provided insurance, replacing it with a tax credit.

The boyish Ryan is a conservative darling and the ranking Republican on the House Budget Committee, but there’s nothing conservative about this document. It does not respect, much less preserve, the status quo. But then, that’s a point in Ryan’s favor. The status quo does not deserve our respect. It is unsustainable. Left unchecked, it will bankrupt our country. On that, Ryan’s radicalism is welcome, and all too rare. The size of his proposal is shocking, but it is proportionate to the size of our problem: According to the Congressional Budget Office, which examined a simplified version of his proposal, it would wipe out our projected long-term deficits.

GOP Rep. Paul Ryan tackles Obama’s path to deficit disaster

The new era of Democratic bipartisanship, like cut flowers in a vase, wilted in less than a week.

During his question time at the House Republican retreat, President Obama elevated congressman and budget expert Paul Ryan as a “sincere guy” whose budget blueprint — which, according to the Congressional Budget Office (CBO), eventually achieves a balanced budget — has “some ideas in there that I would agree with.” Days later, Democratic legislators held a conference call to lambaste Ryan’s plan as a vicious, voucherizing, privatizing assault on Social Security, Medicare and every non-millionaire American. Progressive advocacy groups and liberal bloggers joined the jeering in practiced harmony.

The attack “came out of the Democratic National Committee, and that is the White House,” Ryan told me recently, sounding both disappointed and unsurprised. On the deficit, Obama’s outreach to Republicans has been a ploy, which is to say, a deception. Once again, a president so impressed by his own idealism has become the nation’s main manufacturer of public cynicism.

To Ryan, the motivations of Democratic leaders are transparent. “They had an ugly week of budget news. They are precipitating a debt crisis, with deficits that get up to 85 percent of GDP and never get to a sustainable level. They are flirting with economic disaster.” So they are attempting some “misdirection,” calling attention to Ryan’s recently updated budget road map — first unveiled two years ago — which proposes difficult entitlement reforms. When all else fails, change the subject to Republican heartlessness.

Read the report:

A ROADMAP FOR
AMERICA’S FUTURE
Version 2.0

See also:
The Roadmap Plan
A GOP Road Map for America’s Future
Roadmap to Solvency
Ryan’s fiscal plan draws attention
Paul Ryan’s Long (Deficit) Goodbye
Wisconsin Rep. Paul Ryan Stands Alone on Economic Solution
Rep. Paul Ryan says his budget plan doesn’t represent GOP
Political Punch Podcast: Rep. Paul Ryan, R-Wisc
Paul Ryan and his critics
The Savaging of Paul Ryan
Ryan Gets Serious

Paul Ryan is my favorite Republican, he gets it. He understands, like anyone with even half an ounce of honesty, that the current path of America’s fiscal future is bleak, unsustainable, and will inevitably lead to collapse and default. Sure, Ryan’s plan is radical, full of hard, painful choices, a big solution for a big problem. But, unlike the current “keep kicking the can down the road” policy, RYAN’S PLAN WILL ACTUALLY GET US OUT OF THE GIGANTIC MESS WE’RE IN AND IT’S ALREADY LONG PAST TIME THAT SOMEONE DID SOMETHING!

/although he says he won’t, I wish Ryan would run for President, he’s exactly the kind of leader this country needs right now

And The Loser Is . . . The American People

The last Democrat Senator has literally been bribed and his vote bought and paid for. Harry Reid has the 60 votes he needs to screw the American people who, by the way, are rapidly souring on this travesty.

Nelson Accused of Selling Vote on Health Bill for Nebraska Pay-Off

What started as Sen. Ben Nelson’s personal stand against covering abortion with taxpayer money translated, somehow, into millions of dollars in federal aid for his home state.

The Nebraska Democrat, following weeks of negotiations with his caucus, finally agreed to back the Senate’s health care reform bill this weekend after Democratic leaders made a series of concessions. Nelson’s support gives Democrats the 60 votes they need to overcome a filibuster, barring any last-minute defections.

But critics by Sunday were heavily questioning Nelson’s motivations, given that the abortion restrictions he sought and won did not satisfy several major anti-abortion lawmakers and groups and that it took a major federal payoff to his state to seal the deal.

Critics were calling it the “cornhusker kickback” and the “Nebraska windfall,” lobbing accusations of political deal-making at Nelson.

“It’s pretty obvious votes have been bought,” Sen. Saxby Chambliss, R-Ga., said.

And if anyone tries to tell you that passing this monstrosity is budget neutral, will lower health care costs, will save money, won’t add to the national debt, or will “bend the cost curve” down, well, they’re just flat out lying.

CBO: Real 10-Year Cost of Senate Bill Still $2.5 Trillion

The Congressional Budget Office’s score is in for the final Senate health bill, and it’s amazing how little Americans would get for so much.

The Democrats are irresponsibly and disingenuously claiming that the bill would cost $871 billion over 10 years. But that’s not what the CBO says. Rather, the CBO says that $871 billion would be the costs from 2010 to 2019 for expansions in insurance coverage alone. But less than 2 percent of those “10-year costs” would kick in before the fifth year of that span. In its real first 10 years (2014 to 2023), the CBO says that the bill would cost $1.8 trillion — for insurance coverage expansions alone. Other parts of the bill would cost approximately $700 billion more, bringing the bill’s full 10-year tab to approximately $2.5 trillion — according to the CBO.

In those real first 10 years (2014 to 2023), Americans would have to pay over $1 trillion in additional taxes, over $1 trillion would be siphoned out of Medicare (over $200 billion out of Medicare Advantage alone) and spent on Obamacare, and deficits would rise by over $200 billion. They would rise, that is, unless Congress follows through on the bill’s pledge to cut doctors’ payments under Medicare by 21 percent next year and never raise them back up — which would reduce doctors’ enthusiasm for seeing Medicare patients dramatically.

And what would Americans get in return for this staggering sum? Well, the CBO says that health care premiums would rise, and the Chief Actuary at the Centers for Medicare and Medicaid Services says that the percentage of the Gross Domestic Product spent on health care would rise from 17 percent today to 21 percent by the end of 2019. Nationwide health care costs would be $234 billion higher than under current law. How’s that for “reform”?

See also:
H. R. 3590 Patient Protection and Affordable Care Act
Manager’s Amendment
Nelson vote triggers firestorm
An Unholy Compromise
House Dems cool to Nelson compromise
Senate Democrats seek to seal health care overhaul
McCain: GOP can’t stop health care

So, barring a miracle, there’s not much left at this point that can stop this deficit busting citizen suppository from becoming law. Bend over American taxpayer and get ready to pay more to wait longer for less health care. Remember, for Democrats, this isn’t even about health care reform, it’s about expanding the size and scope of the Federal government and making more Americans dependent on it. Because a dependent voter is a Democrat voter.

/beginning in 2010, get ready to clean House and start to repeal the socialist bull[expletive deleted]

How Much Democrat Health Care Reform Is Really Going To Cost You

Report: Senate Health Bill Will Raise Costs

Republicans on Friday seized on a report by government actuaries that said the Senate health bill would cause national health costs to rise.

The report, compiled by the chief actuary at the Centers for Medicare and Medicaid Services, estimated that total health costs in the U.S. would be $234 billion higher than if the bill weren’t passed. President Barack Obama has said Democrats’ health plan would reduce the growth of health-care costs.

Sen. Chuck Grassley of Iowa, the top Republican on the Senate Finance Committee, said Democratic lawmakers were spending large sums in the health-care bill “to make things worse.” Senate Minority Leader Mitch McConnell (R., Ky.) said the report “confirms what we’ve known all along,” arguing that the bill would “increase costs, raise premiums and slash Medicare.” Democrats cited some parts of the report that were more favorable to the bill.

The report said measures in the bill to restrain Medicare costs and trim generous insurance plans “would have a significant downward impact on future health care cost growth rates,” but said those gains would be outweighed in the initial years as newly insured people sought to get more health care.

“This report is yet another clear indicator that we have to act, and act now,” said Sen. Max Baucus (D., Mont.), the chairman of the Finance Committee.

The report said 33 million more U.S. citizens and legal residents would be insured under the bill, resulting in 93% of Americans with health-insurance coverage. But it said the new demand for health care caused by the bill could prove “difficult to meet initially” because doctors and hospitals would charge higher fees in response to the new demand. The report also said the bill’s proposed cuts in Medicare spending “may be unrealistic.”

In addition to expanding coverage, the Senate bill creates a long-term-care insurance program that would provide a daily subsidy for those with disabilities and illnesses who require home-based care. The report cited a risk of “adverse selection,” saying people who were more likely to require care would be more likely to use the new insurance. That could cause insurance payouts to exceed premium revenue.

“There is a very serious risk that the problem of adverse selection would make the [long-term-care insurance] program unsustainable,” the report said.

See also:
CMS actuary warns Senate bill will cost more
A Blow to Health Reform? CMS Sees Cost Problems With Bill
Some Savings in Senate Reform Bill are Unrealistic, Says CMS Actuary
Report: Senate Bill’s Medicare Savings May be “Unrealistic
Roberts: CMMS study rebukes Reid health care bill
HHS Actuary Finds Senate Bill More Expensive Than “Unsustainable” Status Quo
Cost-saving reform measures questioned
Medicare cuts could hurt hospitals, expert warns
CMS Report Shows Reid Bill Is Worse Than Doing Nothing

So, let’s recap, Obama and the Democrats want to spend trillions of dollars to give us worse health care that costs more than not passing any health care legislation at all, what a deal!

/is there some rational reason for doing this or do Democrats just enjoy screwing the taxpayers and destroying our health care system?:

One Step Closer To Socialized Medicine

Health Care Bill Moves Forward

Sweeping health care legislation has cleared its first hurdle in the full Senate on a party-line vote.

The 60-39 vote clears the way for a historic debate after Thanksgiving on the legislation. The measure is designed to extend coverage to an estimated 31 million Americans who lack it and crack down on insurance industry practices that deny benefits.

The White House released a statement saying, “The President is gratified that the Senate has acted to begin consideration of health insurance reform legislation. Tonight’s historic vote brings us one step closer to ending insurance company abuses, reining in spiraling health care costs, providing stability and security to those with health insurance, and extending quality health coverage to those who lack it. The President looks forward to a thorough and productive debate.”

The rare Saturday session amounted to a first round in the fight to pass the bill in the full Senate, with the remaining Democratic holdouts announcing they would support at least the measure to open debate on the bill, avoiding an early knockout by Republicans.

Sens. Blanche Lincoln of Arkansas and Mary Landrieu of Louisiana waited until Saturday to say they would vote yes for a floor debate. Sen. Ben Nelson of Nebraska announced Friday his support for moving the bill forward.

All three cautioned that their votes to start debate should not be construed a support for the bill in its current form.

“It is a vote to move forward to continue the good and essential and important and imperative work that is under way,” Landrieu said on the Senate floor. “I’ve decided that there’s enough significant reforms and safeguards in this bill to move forward but more work needs to be done.”

Lincoln said she still would support a filibuster if the so-called “public option,” a government-run insurance plan, remains in the health care bill.

“I along with others expect to have legitimate opportunities to influence the health care reform legislation that is voted on by the Senate later this year or early next year,” she said.

While the vote is only a procedural one, Republicans haven’t backed down.

“This is a vote about whether or not you want to fundamentally change the way health care is delivered in this country in a way which massively expands the size of government, the role of government and significantly increases the tax burden, especially for small businesses and cuts Medicare by a dramatic amount of money,” Sen. Judd Gregg, R-N.H., told Fox News before Saturday’s session began.

Senate Minority Leader Mitch McConnell called the bill “monstrous” and, citing the Congressional Budget Office, said it would not bring down costs.

And if that wasn’t bad enough, now Harry Reid’s passing out taxpayer funded bribes to jam this health care travesty through.

Sen. Landrieu flaunts purchased vote: “It’s not $100 million; it’s $300 million!”

Facing fallout from an apparent sale of her health care vote to Majority Leader Harry Reid (D-NV) and the Democratic Caucus, Senator Mary Landrieu (D-LA) took a shocking approach in response to the payoff allegations: she flaunted it!

To help secure her vote, Reid included a provision in the bill sought by Landrieu to provide increased Medicaid funds for states recovering from major disasters such as 2005’s Hurricane Katrina that devastated New Orleans and parts of Louisiana, Mississippi and Alabama. When the bill is closely examined, however, the provision provides immense financial support for only one state: Landrieu’s Louisiana.

Landrieu defended the inclusion of the provision and said Republican critics who accuse her of selling her vote for $100 million are wrong and that she has the support of Louisiana Gov. Bobby Jindal (R) and Health and Human Services Secretary Kathleen Sebelius.

Then, in a statement sure to be repeated by Republicans endlessly over the coming weeks of Senate health care debate, the senator flaunted the inclusion of the provision. “I will correct something. It’s not $100 million, it’s $300 million, and I’m proud of it and will keep fighting for it,” Landrieu told reporters after her floor speech. “But that is not why I started this health care debate; I started this health care debate for all the reasons I just mentioned in my statement” on the floor.

The apparent purchase of the senator’s vote is already garnering significant response from Republicans as well as taxpayers footing the bill for this provision. The nickname for the provision? “The Louisiana Purchase.”

Unreal, this is just out of control. Never in U.S. legislative history have so many been screwed by so few, at such a high cost.

See also:
Historic health care bill clears Senate hurdle
Senate Health Care Reform Bill Vote, 60-39 Brings Reform Bill to the Floor
Healthcare bill advances in Senate, in 60-39 vote; it got ‘failing grade’ from healthcare experts
Biden says Senate handed Obama a big victory
Senator Corker Reacts to Senate Health Care Vote
Senate moves health care bill forward for debate
FACTBOX: Details of Senate healthcare reform bill
Landrieu votes in favor of health care debate
GOP hits Landrieu for $100 million ‘new Louisiana Purchase’
Thanks to100 million dollar bribe, Healthcare reform cloture passes Senate!

/trillions of taxpayer dollars, added to the national debt, so we can all pay more, to wait longer, for less health care, whee!

And In The Senate Corner . . . Weighing In At 2074 Pages . . . The Patient Protection and Affordable Care Act

From behind the closed doors of Harry Reid’s office, submitted for your perusal . . .

Patient Protection and Affordable Care Act

Put on your hip waders, this jabberwocky assault on American health care is longer than the first four Harry Potter books combined, only without the magic or entertainment value.

Senate Health Bill Is Outlined by Reid

Senate Majority Leader Harry Reid outlined for Democrats Wednesday a ten-year $849 billion bill that would overhaul the nation’s health-care system and extend insurance to 31 million Americans without coverage.

The legislation represents the Nevada Democrat’s first attempt to build consensus among Senate Democratic liberals and centrists, as well as the two independents allied with the party.

A senior Senate Democratic leadership aide said the nonpartisan Congressional Budget Office estimated the bill, after it is implemented, would ensure that 94% of those living in the U.S., not counting unauthorized immigrants, have insurance coverage. CBO has previously estimated that about 83% of Americans now have insurance.

The aide said the CBO estimated that the Senate measure would reduce the federal budget deficit by $127 billion over the next decade, and by $650 billion over the second ten years of the program. In part, the bill achieves that reduction through new taxes on Medicare and high-value insurance plans.

The 10-year price tag comes in below the $900 billion limit set by the White House and below the $1.055 trillion cost of the health-overhaul passed by the House earlier this month.

The $849 billion figure and the prospect of deficit reduction cheered Democrats. But the figures aren’t likely to win over Republicans, who say the bill adds costly new benefits for some Americans when the federal budget deficit is reaching new heights.

“We’re going to do everything we can to defeat this monstrosity,” said Sen. John Thune (R., S.D.).

Among other things, the Senate legislation would create a new government-run health insurance plan to compete with private insurers, while allowing states the option not to participate. That is a nod to centrists worried about the federal government’s growing footprint in the private sector.

The bill would also create government subsidies to help individuals and families comply with a mandate to buy insurance, and would sharply expand Medicaid, the federal-state health insurance program for the poor.

Mr. Reid’s decision to unveil a bill sets the stage for a pivotal vote, perhaps Friday or Saturday, that will determine whether the Senate can formally open debate on the bill. Mr. Reid, who met Wednesday with Vice President Joseph Biden, has voiced optimism that he can secure the votes needed to overcome Republican opposition and move to the debate. But with the outcome uncertain, the coming vote looms large as the first of several over the next month that will test Mr. Reid’s ability to hold together liberals and centrists.

See also:
Senate Democrats introduce $849 billion healthcare reform bill
Reid Unveils Senate Healthcare Bill
Senate Democrats’ Health Care Bill Will Cost $849 Billion
Senate’s health care bill cost: $849 billion
Senate health bottom line: $849 billion overhaul
Senate healthcare bill hits Obama cost target
Reid bill would cost $849B, expand coverage to 31 million people, aide says
Senate Health Plan Seeks to Add Coverage to 31 Million
$849 billion health bill sets up historic debate
Johnson, Thune On Senate Health Care Reform
New Senate Healthcare Reform Bill Features Public Option With Opt-Out
US Senate health plan includes public option-senator
Senate Health Care Bill: $370+ Billion Tax Hike
2,074-page health bill includes surgery, payroll tax hike
Stupak Abortion Measure Stopped…for the Moment
Senate Democrats backing down on tough anti-abortion measure
Senator: Pro-Life Side Lacks Votes to Stop Abortion Funding in Health Care
Stupak: I have votes to defeat health bill
DeGette says Stupak won’t have the votes to keep his amendment
Senate, House Democratic health bills compared
In The House Corner . . . Weighing In At 1990 Pages . . . The Affordable Health Care For America Act

/here we go, pass the popcorn

You Didn’t Really Think It Was Going To Save Money, Did You?

CMS: House health bill will hike costs $289B

The House-approved healthcare overhaul would raise the costs of healthcare by $289 billion over the next 10 years, according to an analysis by the chief actuary at the Centers for Medicare and Medicaid Services (CMS).

(READ THE FULL REPORT HERE)

The CMS report is a blow to the White House and House Democrats who have vowed that healthcare reform would curb the growth of healthcare spending. CMS’s analysis is not an apples-to-apples comparison to the cost estimate conducted by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) because CMS did not review tax provisions, which help offset the price tag of the Democrats’ measure.

However, the CMS analysis clearly states that the House bill falls short in attaining a key goal of the Democrats’ effort to reform the nation’s healthcare system: “With the exception of the proposed reduction in Medicare… the provisions of H.R. 3962 would not have a significant impact on future healthcare cost growth rates.”

Republicans immediately seized on CMS’s conclusions.

The long-awaited report should serve as a “stark warning to every Republican, Democrat and Independent worried about the future of this nation,” Ways and Means Committee ranking member Dave Camp (R-Mich.) said in a statement on Saturday.

Though House Republicans pressed to have this analysis completed before the lower chamber voted on the Democrats’ sweeping healthcare reform bill last week, it was not ready until late Friday. Chief CMS Actuary Richard Foster, who prepared the report, recently told The Hill that he and his staff had only a few days to review the bill before it was voted on.

Minority Leader John Boehner (R-Ohio) highlighted the report on Saturday in a written statement. “This report once again discredits Democrats’ assertions that their $1.3 trillion government takeover of health care will lower costs, and it confirms that this bill violates President Obama’s promise to ‘bend the cost curve.’ It’s now beyond dispute that their bill will raise costs, which is exactly what the American people don’t want.”

Republicans predicted that if the CMS numbers were available last Saturday when the House voted on the Democrats’ healthcare bill, the measure would not have passed.

“This report confirms what virtually every independent expert has been saying: Speaker Pelosi’s healthcare bill will increase costs, not decrease them. I hope my colleagues in the Senate heed CMS’ findings and refuse to rush ahead until any bill under consideration can be certified to actually reduce healthcare costs,” Camp said.

According to the 31-page report, the House-passed bill would increase costs, cut Medicare and expand Medicaid.

“In aggregate, we estimate that for calendar years 2010 through 2019 [national health expenditures] would increase by $289 billion,” the report notes.

See also:
Estimated Financial Effects of the “America’s Affordable Health Choices Act of 2009” (H.R. 3962), as Passed by the House on November 7, 2009
CMS: House bill increases health care costs
Study suggests costs rise under health care bill
CMS Report On House Health Bill: Many More Insured Means More, Not Less, Spending
Report: Bill would reduce senior care
House health care bill costs more than previously believed
GOP leaps on study of rising health care costs
Centers for Medicare & Medicaid Services (CMS)
Centers for Medicare and Medicaid Services

/then again, the Democrats really don’t care about how much it costs, all they care about is expanding and entrenching their political power