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VVance
6586 Posts |
 Posted - 11/07/2009 : 07:34:32 AM
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Only 3 Trillion?
Senator Gregg: Updated CBO Estimate of House Bill Pulls Back the Curtain on Majority’s Intent to Grow Government by $3 Trillion
Senator Judd Gregg (R-NH), ranking member of the Senate Budget Committee today commented on the Congressional Budget Office’s (CBO) more detailed cost estimate of the manager’s amendment to the House health reform bill.
Senator Gregg stated, “The CBO estimate released last night finally sheds light on the smoke and mirrors game the majority has been playing with the cost of their health care reform proposal. Over the first 10 years, this legislation builds in gross new spending of $1.7 trillion – and most of the new spending doesn’t even start until 2014. Once that spending is fully phased in, the House Democratic bill rings up at more than $3 trillion over ten years.
“Additionally, this bill cuts critical Medicare and Medicaid funding by $628 billion, accounts for nearly $1.2 trillion in tax and fee increases and will explode the scope of government by putting the nation’s health care system in the hands of Washington bureaucrats. The $3 trillion price tag defies common sense – we simply cannot add all this new spending to the government rolls and claim to control the deficit.
http://www.redstate.com/dan_perrin/2009/11/07/cbo-new-house-health-bill-spending-estimate-3-trillion-over-10-years/
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darkstar
26249 Posts |
Posted - 11/07/2009 : 07:38:38 AM
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| Gregg was smart to not take that job offered by Obama, he saw the writing on the wall... |
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djorge44
3699 Posts |
Posted - 11/07/2009 : 07:46:48 AM
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| Hey whats 3 trillion between friends. |
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VVance
6586 Posts |
Posted - 11/07/2009 : 07:56:23 AM
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quote:
Originally posted by djorge44
Hey whats 3 trillion between friends.
I would love to see "man on the street" interviews asking how much 3 Trillion is. |
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homebroker@sbcgl
7359 Posts |
Posted - 11/07/2009 : 08:00:17 AM
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| 3 trillion for a insurance option, where it the money going? More government waste! |
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assassin17
7830 Posts |
Posted - 11/07/2009 : 08:06:21 AM
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So, it's 3 trillion over TEN years? Is that cumulative?
It looks a lot nicer when you say it properly... 300 billion per YEAR. That's less than half of the stimulus sham, which we apparently had laying around to give away within minutes.
In fact, the stimulus fiasco showed America a brand-new fact... When people were whining about the cost of the Iraq War, we mistakenly felt that 10 billion a month (120 a year) was a large dent to our government and the war was crippling our entire economy, courtesy of that rascal Bush. That's what we were told and that's what the liberals pounded into the skull of the foolish.
Instead, they've shown us that it was just a drop in the bucket. The war was chump-change compared to the money they can splash around like water. When they needed a trillion, they amazingly found it laying around in Pelosi's couch.
What's our annual budget? Does anyone think there isn't 300 billion worth of pork, fat, and bribes that can't be shifted from the pockets of these crooks into health care? I don't believe that. There's a reason that millionaires will shoot each other to be elected into a job that pays them 'peanuts' in salary.
HINT: It's not 'civic duty' or 'service to the country'.
It's 'bribes and kickbacks'. That's the only reason why rich men seek poor jobs; money on the sly. The ability to skim. The capability to wheel and deal by holding people hostage until a bundle of cash floats over the desk in a briefcase. The chance to shift taxpayer money across hands until it slips through the fingers like a magician's quarter and is palmed into their back pocket while they wave the white handkerchief in front of your face and yell "It's gone!"
And we buy it. Every time.
Maybe the screaming on Capital Hill is from congress and their healthcare lobbyists being tossed off the gravy train at high speed by the seat of their wallets. Maybe it's the scream of a congressman's brother-in-law, who won't be getting that 10 million-dollar contract to supply a DVD player to an army sergeant and split the rest with the congressman? After all, the money has to come from somewhere. Why not from them? |
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rudeness
5393 Posts |
Posted - 11/07/2009 : 08:45:47 AM
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| This thing is D.O.A. Even if Pefloozie can threaten and coerce enough votes to pass Congress, which I doubt, The Senate will never pass a bill with the public option and this price tag. |
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assassin17
7830 Posts |
Posted - 11/07/2009 : 08:47:08 AM
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The senate will pass anything you pay them to pass.
And obviously, the house can be bribed also. |
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