CBO: Obama & Dems Double Counting Medicare Savings

Discussion in 'Politics' started by Trinity, Mar 11, 2010.

  1. Trinity

    Trinity New Member

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    As Rep.Paul Ryan expressed in the Healthcare Summit, and had Obama fit to be tied at his Audacity to know and tell the truth, the Democratic Bills are bascially gaming the system to get favorable scoring from the CBO. The gimmicks are smoke and mirrors and use of accounting tricks.

    If you are serious about Healthcare you should read both these articles in their entirety:

    Surprise! Gaming CBO rules masks how healthcare reform may actually make deficit worse

    James Pethokoukis, Reuters

    CBO: Democrats Double-Counting Medicare Savings
    Megan McArdle, The Atlantic

    Passing the mess of bills and proposals that make up Obamascare is utter lunacy!
     
  2. Industrialsize

    Staff Member Moderator Gold Member

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    Trinity, you're a little behind. Your quotes are from December 09. You need some NEW material.


    Now for something a little more current(TODAY)
    CBO has just released an estimate of the budgetary effects of the health bill, H.R. 3590, that passed the Senate on December 24. Today’s estimate differs from the estimate for a slightly earlier version of the legislation that we released on December 19 in that it encompasses all of the amendments that were adopted by the Senate, reflects a revised assumption about its enactment date, and incorporates some technical revisions. We and the staff of the Joint Committee on Taxation (JCT) prepared this updated estimate in preparation for further consideration of health care legislation. However, the changes we have made do not result in an estimate that differs substantially from the earlier one.
    CBO and JCT now estimate that, on balance, the direct (mandatory) spending and revenue effects of enacting H.R. 3590 as passed by the Senate would yield a net reduction in federal deficits of $118 billion over the 2010–2019 period. (Direct spending—as distinguished from discretionary spending—is spending that stems from legislation other than appropriation acts.) In our earlier estimate, the budgetary impact was a net reduction in deficits of $132 billion.
    Director’s Blog Blog Archive Estimate of the Budgetary Effects of the Senate-Passed Health Bill


    Time for the HOUSE to pass the Bill!
     
    #2 Industrialsize, Mar 11, 2010
    Last edited: Mar 11, 2010
  3. Trinity

    Trinity New Member

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    Indy you appear to be confused. This isn't good news. The CBO Rescored the Senate Bill and reduced deficit reductions down.

    BUT most importantly, this thread demonstrates why the score doesn't mean a thing! Because...

    James Pethokoukis, Reuters

    Passing the mess of bills and proposals that make up Obamascare is utter LUNACY!
     
  4. Industrialsize

    Staff Member Moderator Gold Member

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    I'm not confused at all, they were scoring a revised senate bill, and found that "IT DOESN'T ADD ONE DIME" to the deficit. Letting people DIE because they have no health insurance is utter lunacy.
     
  5. Industrialsize

    Staff Member Moderator Gold Member

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  6. justasimpleguy

    justasimpleguy Active Member

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    Trinsanity will just have to wallow in her own irrelevance. Such angry old white people. They're not the center of the universe anymore and it makes them so mad. And you kids get off my lawn!
     
  7. Trinity

    Trinity New Member

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    That's right a revised senate bill and the CBO revised deficit reductions DOWN as a result. So, you touting it was pretty silly. But regardless, all scoring of the Democratic Senate Bill is meaningless because in actuality the bill uses accounting tricks and actually increases the deficit.:rolleyes:

    Megan McArdle, The Atlantic

    LoL...Rep. Paul Ryan isn't a talking point. You need to attack something because you can't refute the fact that the mess of bills and proposals that is Obamascare, is a fallacy of accounting tricks that increases the deficit in reality...so you attack Paul Ryan.

    Sad and pathetic.

    Rep. Ryan presented a plan to tackle our massive economic situation.

    Newsweek, Peter Suderman

    This isn't about Rep. Ryan's Roadmap. This is about Obama and the Dems attempting to ram the Senate Bill, which will add to deficit and reduce quality of care, down the throats of the American people against the majority will of the people.
     
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