Again why did the Republicans exempt it then from their special rule about new spending having to be offset by cuts? Again it’s because there is a significant expense to repealing this bill.
QuoteDonDiego never said the CBO is not credible; see answer to item i., above.
Originally posted by: pjstroh
item ii: Don Diego says the CBO is not credible in item i...but then cites them as his source for item ii & iv. Um...yeah. But lets give the citation its due ..the new estimate still makes the plan budget neutral in the first 10 years and deficit-reducing in the following decade to the tune of a trillion dollars....Does DOn Diego remember the budget predictions of healthcare expenses on the government prior to this new law? Hold that thought....
QuoteWhat bill? DonDiego knows the article references a promised Bill designed to make up some of the deficit and restore some health care provisions lost by the passage of ObamaCare and other stuff. But, . . . was this Bill passed in the lame-duck session? Or is it in the hopper of the new 112th Congress? Or, where is it? When will it be passed? Will it be passed?
Originally posted by: pjstroh
item iii: the very article Don Diego provides tells of a 15 billion dollar increase because of the "Doc Fix" issue and it is entirely offset by other provisions in the bill...so Don Diego's outrageous 250-400 Billion dollar estimate is only off by about 250-400 billion dollars. I hope Don Diego doesn't make arithmetic mistakes like that when he does his taxes.
QuoteDonDiego is only reporting what companies say they may do. The future is not his to know.
Originally posted by: pjstroh
item iv: OMG - where to begin. THere is no penalty for Companies to drop insurance today...so it would be cheaper for them to get rid of the insurance today and PAY NO FINE ! Wonder why they dont do that then? Hmmmm. But suddenly companies will drop insurance when the penalty is implemented? Even as they are given tax incentives to offer insurance? Don Diego and Fortune's 160 Billion dollar estimate is only off by about 160 billion.... Oh, and those government exchanges that are right on the brink of a single payer system? Those are a collection of private insurance companies the compete in a free market exchange for customer's business. In case you haven't heard there was no public health insurance of any kind offered up in this new law. If that's your definition of a slippery slope towards a government-run-single-payer system..well...to each his own.
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Originally posted by: pjstroh
Conclusion: The previous system had many unfunded or underfunded elements to it but I only need to cite one:
the 100% UNFUNDED Bush Prescription Drug program which projected costs at over 500 Billion in its first 10 years alone. Perhaps Don Diego can chuck the numbers of the system his fiscal responsible leadership implemented (and is trying to revert to) and compare them to the new plan. The CBO already determined the new plan wins by a total of 250 billion dollars in the near term...but Don Diego has informed us the CBO is not credible in their projections ... except in the cases when they are.
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Originally posted by: malibber
Again why did the Republicans exempt it then from their special rule about new spending having to be offset by cuts? Again it’s because there is a significant expense to repealing this bill.