CBO’s Long Term Budget Outlook Shows Obamanomics’ Dire Consequences
You would think that after all the articles, research papers, and government reports that have come out in the past year and a half about our country’s unsustainable fiscal condition, there wouldn’t be a single American who doubts that our major entitlement program need serious reform and that government spending needs to be seriously cut. I mean c’mon hasn’t everyone been reading our blog?!? Unfortunately, | Read More »
More Pain from Obamacare: New Revelations
The news goes from bad, to worse to worse my friends. I’m sure the “pain” of this monstrosity will continue to grow until we’ll all need opiates to try and assuage it. But even opiates lose their pain-killing effect after a time and we’ll have to figure out something else. Yesterday the CBO released another updated report on the financial negative aspects of Zero-care, this | Read More »
Democrats told to evade details of CBO scoring.
Explicitly. From a Thursday memo on the subject: We cannot emphasize enough: do not allow yourself (or your boss) to get into a discussion of the details of CBO scores and textual narrative. Instead, focus only on the deficit reductions and number of Americans covered. Emphasis theirs, not mine. Also: The inclusion of a full SGR ['sustainable growth rate' - ML] repeal would undermine reform’s | Read More »
CBO – Playing An Obama Game
Congressional Budget Office said Obama’s gestimate of saving a trillion over the next 10 years is highly speculative! CBO doesn’t want to hang themselves, so they gave us a tentitave cost for the Healthcare Reform, because they don’t have a clue what all the “Fix Its” that will be added to the reform if passed may cost. CBO should have flatly refused Obama and | Read More »
All this for two weeks’ worth of deficit reduction????!!!!!
So the CBO finally pulled some numbers out of their “Alice in Wonderland” tea leaves. Never mind that behind the scenes, Nancy Pelosi stood outside with purple shirted SEIU thugs ready to do physical harm to any CBO auditor that didn’t come up with the right number, as that was a given. (ok, I made that up. We all know that Nancy’s just a kitten | Read More »
When it comes to the health care debate no lie is too brazen.
The CBO is either venal or incompetent, maybe both. There is no conceivable way to cover more people, improve care for everybody, train more doctors and save money, all at the same time. Haven’t these clowns ever heard of the law of supply and demand? Every failed socialist/communist regime learned that lesson the hard way. Citizens will learn that lesson the hard way when their | Read More »
A Guide To The President’s Lies About Obamacare’s Cost
Just a few hours ago the House released the “reconciliation bill” the companion legislation to the Senate version of Obamacare meant to work out the differences between the two houses of congress. This 2,309 page monstrosity will be sent to the Congressional Budget Office to determine the cost of the bill.
In actuality it doesn’t really matter, the CBO develops its costs based on the parameters they are given, which in the case of Obamacare has skewed the costs to give an unrealistic perspective on its effect on the nation’s economy. Or as computer software developers would call it, Garbage-in, Garbage-out.
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CBO Can’t Score Obama’s Vapor Bill — there is No Legislative Language
The Congressional Budget Office Director, in today’s blog, says CBO cannot “score” or provide a cost estimate for Obama’s health care plan because CBO needs more detail. It’s amazing, the Trillion Dollar President wants to change the world, but doesn’t have legislative language to do it. Not even to give to CBO. Where’s the bill? The CBO Director went out of his way today (in | Read More »
Losing the Public’s Confidence, the Left Throws a Temper Tantrum
Some things don’t deserve a response. They are just so wrongheaded that it doesn’t make sense to legitimize them with an answer. A recent article by Steve Benen called “Rewarding Idiocy” is one of those things. It doesn’t deserve a response, but it’s going to get one from me, if for no other reason than it really frustrated me. Actually I’ll drop the decorum and | Read More »
Expanded Cornhusker Kickback Would Cost Billions
By now, everyone is aware of the lucrative payoff that Nebraska Senator Ben Nelson (D) received to vote for the Senate health care bill. Despite mounting evidence to the contrary, Nelson insisted that every state would get the kickback and he would make sure that happened (as Brian Faughnan reported a few weeks ago). Needless to say, Nelson’s kickback, when expanded to all 50 states | Read More »
Budget Office Rebuts Democratic Claims on Medicare
Mitch McConnell just received the only justification he should need for pushing the vote on the Senate health care bill to the absolute last minute: Dec. 23 (Bloomberg) — The Congressional Budget Office challenged claims by health-care overhaul proponents that Medicare savings in Senate legislation would help finance expanded coverage and postpone the bankruptcy of the medical program for the elderly. The nonpartisan agency said | Read More »
BREAKING: CBO scores Senate Bill
Fox News is reporting that the Congressional Budget Office has scored the Senate Health Care bill at a cost of $849 billion. The CBO also estimated it would cut the federal deficit by $127 billion over the first 10 years and as much as $650 billion over the next 10 years – while reducing the number of uninsured by 31 million over the decade (foxnews.com, 2009). Here is the link | Read More »
CBO: New House Health Bill Spending Estimate, $3 Trillion over 10 Years
The totals below, I am told by the Heritage Foundation, do NOT include the $250 billion extra spending on Medicare to buy off the American Medical Association for their support of the U.S. House bill. The Democratic House Leadership has completely lost touch with fiscal reality. The following is a cut and paste of a media statement by the ranking Republican on the Senate Budget | Read More »
CBO scores the GOP health plan.
Here’s the main takeaways from the CBO analysis: The total cost to the taxpayer would be 61 billion (as Hot Air notes, this is opposed to the 1.2 trillion of taxpayer money that the Democrats want to spend). The plan will essentially keep the total percentage of insured individuals at around the current percentage of 83% (The Democrat’s main selling point on their version is | Read More »