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New health care bill
#21
Apoc Wrote:Also, the bill is supposed to create a surplus of $100B+.
no, via tricks like double counting medicare cuts (towards both deficit reduction and healthcare bill) and moving expensive write-downs to another bill etc, etc it costs us at least 500 billion in the short term

here is an article written by the former cheif of CBO

<!-- m --><a class="postlink" href="http://www.nytimes.com/2010/03/21/opinion/21holtz-eakin.html">http://www.nytimes.com/2010/03/21/opinion/21holtz-eakin.html</a><!-- m -->
Quote:The answer, unfortunately, is that the budget office is required to take written legislation at face value and not second-guess the plausibility of what it is handed. So fantasy in, fantasy out.

In reality, if you strip out all the gimmicks and budgetary games and rework the calculus, a wholly different picture emerges: The health care reform legislation would raise, not lower, federal deficits, by $562 billion.
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