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What really burns me up is that this so-called healthcare "reform" legislation that Obama signed on Tuesday does absolutely nothing to reform the moral hazard inherent in the third-party payer system that is at the heart of spiraling healthcare costs. All the legislation does is expand the current system to cover 32 million more people, which makes the U.S. debt load even bigger.
healthcare-reform-the-$700-billion-lie
Seeded on Sat Jan 29, 2011 12:10 PM EST
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Liar, Liar Pants on Fire
How did the leadership in Congress turn the tide? They lied – big time, as in $700 billion worth of lies. True enough, the non-partisan Congressional Budget Office “scored” the legislation as reducing the federal budget deficit by $138 billion over the first 10 years of the program. But the CBO is required to accept the budget assumptions they are given at face value, no matter how unrealistic they may be. And the assumptions Congressional leaders forced down the CBO’s throat were whoppers. Douglas Holtz-Eakin, the former head of the CBO from 2003-2005, wrote an op-ed piece in the New York Times outlining all of the “gimmicks and budgetary games” used to conjure up the phony deficit reduction number. He lists too many examples to regurgitate here, so I urge you to read his op-ed. Bottom line, after stripping out this chicanery, Holtz-Eakin concludes:
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#1 - Sat Jan 29, 2011 12:11 PM ESTGee wizz Joe ...I guess single payer would have cured this dilemma...but that would be ... dare I say it?...socialism.
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#2 - Sun Jan 30, 2011 4:12 PM ESTYou're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
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