Obamas-Slamma!!!!! - The PrezBO HealthCare Plan is EXPENSIVE!!!!
From The Line....."The additional claim touted by Senate Democrats -- that the bill will reduce the deficit by $130 billion over the first 10 years -- is also coming under fire as "fantasy."
Republicans have countered the CBO estimate with a figure of their own: $2.5 trillion, an estimate that comes out of the Senate Budget Committee minority's analysis of Reid's plan.
"This is a lousy bill that's going to cost American taxpayers like mad for the rest of our lives," Sen. Orrin Hatch, R-Utah, a fierce critic of the health care legislation, told Fox News on Thursday.
Part of the problem with the CBO estimate is that it covers a 10-year period from 2010-2019 -- however, the health care reform plan is not fully implemented until 2014. That means the federal government is raking in billions in taxes and savings for the first four years without spending on the new program. The $2.5 trillion estimate is for the 10-year window starting in 2014, after implementation of the program begins.
Under the timetable in the CBO estimate, the government spends $9 billion in the first four years, but $838 billion in the last six when the overhaul goes into full force.
The revenue significantly ramps up in the latter half of the decade to keep pace with spending, but the nearly $100 billion in deficit savings in the first four years is not necessarily in the piggy bank either.
Democrats are holding up estimates that show the second decade of health care reform yields even more deficit reduction."
OF COURSE THEY ARE!!!! They have ZERO tolerance for anything which shows the "actual" $ value of any plan they espouse!
The DEMs are into saving THEMSELVES....Not the party itself!
Each and every DEM CongressCritter is involved in making themselves electable....BUT while they try to enact HORRENDOUS legislation.....Can we say....OOPS????
It is not going to happen folks!
Duke
posted by Duke of DeLand @ 11/19/2009 04:20:00 PM
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