News about the pinheaded things by politicians and governemt.
Consensus in on CBO Health Care Report: It’s a load of BS
There’s a problem for the Democrats push for “Health Care Reform.” There are just too many intelligent people analyizing their plans, and all reach the same conclusion.
That holds true for the latest installment, the CBO scoring of Senator Baucus’s “Bill” (which hasn’t even been written yet).
The latest blow comes from a report done by the PriceWaterhouseCoopers. Baucus’s bill would actually make Insurance more expensive than if Congress took no action. Of course, the Democrats attack the report as being unreliable becuase it was paid for by the Insurance Industry.
The problem with that response is that many people analyzing the bill reached the conclusion that the Bill would actually increase Insurance Premiums before the report come out. (Me Included)
Given the actions of some of the Senators, they realize that the report is correct. They are attempting to exempt their state from certain provisions or make the Federal Government pay for the additional Medicare mandates. Include Senate Majority leader Harry Reid in this last category. He’ll impose additional Medicaid spending on the other 49 states, but don’t you dare expect his state to pay them.
I think the applicable word is “hypocrite.”
Of course, when you realize the plan “saves” money by shifting costs from the Federal Government to the States by shifting people to Medicaid from Medicare would increase Nevada’s Medicaid expenditures by 85%, it’s no wonder Reid wants the exemption.
The shifting of costs from Medicare to Medicaid was done to keep the Baucus plan from causing the deficit to increase. If you include the additional Medicaid costs the plan imposes on the States, the plan suddenly looks far worse than it does now. That’s a tough thing to do, considering the Federal costs are over $800 Billion for the first 10 years.
Not only do yoy have to factor in the $800+ Billion in Federal Spending, you also have to include the multiple billion worth of spending being imposed on the states.
The actual costs are likely to exceed $1 Trillion.
Congress basically used Enron style cost-shifting accounting to move costs off it’s books.