Monday, November 30, 2009

Harry Reid's version of Obama Care: Deficit killer

Even the Washington Post gets it.  The analysis shows how this version of "reform" will add significantly to the deficit.  Also fails to note the tricky little things that Reid has done by removing certain costs from this bill as not to have them impact the bottom line (As noted by HotAir.com: [the author] ignores the “doctor fix” that eliminates cuts in federal reimbursements for Medicare.  .  Of course, these dollars will be stolen from the tax payers in separate legislation.  Whatt's only a few hundred billion dollars between friends?  Although, he's not my friend.
“The hope that health-care reform would take care of our budget problem has evaporated,” said Isabel Sawhill, a fiscal expert at the Brookings Institution.

Many budget experts also worry that lawmakers may not have the stomach to keep the new taxes and spending cuts intended to pay for the package. Republicans are already planning to offer an amendment to strike more than $400 billion in proposed Medicare cuts from the package, a move that would blow a huge hole in financing for the bill.


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