WASHINGTON The Congressional Budget Office said Thursday a U.S. House health-care system re-write would extend health insurance to 96% of the nonelderly U.S. population by 2019, and spend $1.055 trillion to do so. Penalties imposed on individuals who did not purchase insurance, and employers who did not offer coverage to their workers, would raise $161 billion over that time-frame. That brings the net cost of the bill to $894 billion through 2019, CBO said.
House Democrats have seized on that net cost figure to claim that their bill is below President Barack Obama’s upper limit which he set for health-care legislation of $900 billion.
The $1.055 trillion estimate also does not include $245 billion needed to stop Medicare payments to doctors from decreasing, which the House plans to address through separate legislation introduced Thursday.
The costs of the bill are fully offset by cuts to existing spending programs– including the Medicare?Advantage and other programs–saving $426 billion through 2019, and by tax increases raising $572 billion over that time, CBO said. In fact, the combined impact of provisions in the bill would be a net deficit reduction of $104 billion in the next decade, according to CBO.
CBO also said the House bill would not add to the deficit in the first decade beyond 2019–a key condition for support from fiscally conservative House Democrats. CBO Director Doug Elmendorf, in a Thursday letter to House Democratic Chairmen, cautioned that his estimates are preliminary and “subject to substantial uncertainty.”
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Face Forward Comments:
Dear Lord, this Democratic controlled congress loves to spend your money. As I have said so many times, I hope everybody has good health care. I really don’t want anyone to suffer. On the other hand, I have worked hard to provide for my family to get them the health care they have needed. My problem with this whole thing is; I am not sure with increased taxes that I will be able to afford the level I think they need any longer. That will especially be true after we get through paying for all of the people who do not want to work, have blown off getting their own health care or worse are not even citizens of this country.
I don’t want to see the “needy” (which seems to be a much larger number when the Democrats give it) to go without. Having said that, at what point do any of us take away from our own family to give to others? No sane parent would ever give food to another child and let their own children starve. Seems like a strong analogy, but in essence that is what we are being asked to do.
Our government will argue that is not the case. In their eyes they are just leveling the playing field by taking from us, the tax payers, and redistributing to everyone, including you and me. So, while we may be paying for others that are not paying, we are also getting to use it (even if it is sub-par), which in their eyes makes it alright. If this system of government sounds familiar, it is one of the founding principals of socialism.
“socialists advocate the creation of a society in which wealth and power are distributed more evenly based on the amount of work expended in production, although there is considerable disagreement among socialists over how, and to what extent this could be achieved.”
One might argue that what is being proposed is several steps beyond even socialism. A classic definition of Communism is:
A system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people.
You can find full definitions of both Communism and Socialism in the Face Forward education section.
Yikes, it looks like we have all just joined the communist movement, comrade That movement flies in the face of the principals that made this country great. Everyone has to be accountable for themselves for if they are not we waste resources on them rather than increasing our innovation and growth.
On another note, at least they put the bill online just like Obama promised. I am sure that fact will only be mentioned several hundred times. So go ahead America and read it. I am sure you will understand the words that are being used (at least they are not yet in Russian), however I bet you have no idea as to the context or the sentence structure. Here is one of my favorite passages on Outpatient Hospitals:

Many people fear that the Health Care system will become politicized
(a) OUTPATIENT HOSPITALS.—
(1) IN GENERAL.—The first sentence of section1833(t)(3)(C)(iv) of the Social Security Act (42U.S.C. 1395l(t)(3)(C)(iv)) is amended—(A) by inserting ‘‘(which is subject to the productivity adjustment described in subclause (II) of such section)’’ after ‘‘1886(b)(3)(B)(iii)’’; and (B) by inserting ‘‘(but not below 0)’’ after ‘‘reduced’’. (2) EFFECTIVE DATE.—The amendments made by paragraph (1) shall apply to increase factors for services furnished in years beginning with 2010.
Did you get all of that? Well of course not….just as George Soros and the Tides group planned it (George and his group are rumored to be the actual authors of the bill). I read somewhere that by dividing every word on the 1900+ pages by the actual amount the bill will cost, you come out with an amount of just under $3,000,000 per word. After reading a large portion of the bill, most of the words are not any I would ever pay for if given the choice, anyway.
What to do? I am sorry to say, that I don’t know if anything can be done. If we have any chance at all we must get on the phone/fax/email to every Blue Dog Democrat and appeal to their financial senses. We know how the majority of the Republicans are going to vote and we know how the liberal lawmakers are going to vote. The only chance we have is to influence the Blue Dogs, and help them see this as an obstacle ito balancing the budget, which cannot be overcome. Go here to see if there is a Blue Dog Democrat in your state: http://www.house.gov/melancon/BlueDogs/Member%20Page.html
Other than that, I know of nothing else we can do. I have letters on my desk from my Senator and Congressman telling me that will not support the bill. I am willing to take a stand….will you stand with me?