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Proposed GOP Repeal of Health-Care Reform Would Increase Deficit $230 Billion

White Eagle

White Eagle

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All we can do is sit back and watch it crumble, then Obama will have to clean it up again.:eek:

http://www.alternet.org/newsandview...uld_increase_deficit_$230_billion/#paragraph5

CBO: Proposed GOP Repeal of Health-Care Reform Would Increase Deficit $230 Billion

Deficits Of Imagination

I'm going to be very interested to see how the village media respond to this:

Moments ago, the Congressional Budget Office released its cost estimate for the GOP's health care repeal bill — H.R. 2, the Repealing the Job-Killing Health Care Law Act,

introduced yesterday in the House by the new Republican majority:

– Increases deficit by $230 billion over 10 years: "Consequently, over the 2012–2021 period, the effect of H.R. 2 on federal deficits as a result of changes in direct spending and revenues is likely to be an increase in the vicinity of $230 billion, plus or minus the effects of technical and economic changes to CBO's and JCT's projections for that

period." (p. 5)
Click to expand...
 
Boehner has decided for himself that the CBO is wrong.

Like Bush before him, Boehner will pursue for the nation an agenda based upon his personal prejudices and beliefs, not facts.
 
The CBO report was requested by Dem's with their input on the costs.

... just PR boys. Don't fall for it.
 
^ The CBO was specifically established as a nonpartisan office to provide objective budget information to Congress.

Republicans are very good at rejecting reality, when it doesn't fit with their prejudices. Global climate change? WMDs in Iraq? Saddam Hussein being involved in 9/11? Evolution? Stem cell research? Star wars? Abstinence as sex education? Mercury pollution? Reaganomics?

Oftentimes, the truth is not very convenient for Republicans. As they say, "the truth has a liberal bias."
 
I saw Congressman Rush Holt (D-NJ) on Rachel Maddow last night. He had a great term to describe the Republicans. I don't remember his exact term. But he in essence said that they exist in an evidence-free zone, or something to that effect. How true.
 
Isn't it ironic that when the CBO is projecting any extra costs for a Democratic initiative, the Republicans would treat it like Holy writ.
 
Most likely they want it repealed because it wont cost us citizens enough money as it stands now.
 
Jack Springer said:
The CBO report was requested by Dem's with their input on the costs.

... just PR boys. Don't fall for it.
Click to expand...
Not even the guy running the CBO truly believes if the Obama health initiative is fully implimented,it would end up cutting the deficit....too many things have to happen just right or are supposed to happen,but won't.I really though have grave reservations about EVERYONE left or right now,I don't believe in the free lunch nirvana or exclusively free market paradise both sides are competitively selling.Whatever happened to the essence of the Hippocratic oath to do no harm?
 
If the GOP members of Congress repeal Heath Care. Those members of Congress should give up the tax payed health care. Why as tax payer should pay taxes for there coverage?
 
How short-sighted of us all... don't we remember the mantra of the greedy 80s??? DEFICITS DON'T MATTER. How silly of me to forget; it's what I get for being a socialist.
 
The CBO is honest and non-partisan. Boehner himself decided they're wrong because he's working for the Koch brothers, and for profits for the stockholders. Anyone who believes different is a fool.

Why are the Republicans wasting time and money when they know they won't be able to repeal it? They'll just spend all this time chipping away at it.
 
The doc fix legislation was left out of the final calculations...it's all relative an an ESTIMATE of potential savings....the whole goddamn thing is a mess with the potential long term cost to be at least half a trillion dollars to the economy if not more.The CBO honest as it is can only do what they can with what is provided...basically I say fuck the GOP AND the Democrats because they both would lead us off a cliff with their solutions.I trust noone,with recent experience with my dad its all about bureaucracy,regulation and paperwork first and the Obama initiative will only make it worse,all the new maize of regulations.I'm beginning to think we need a way out of the traditional liberal/conservative box more than ever...the GOP is delusional too as it only places its faith in the markets...in the end,patients and their families play an endless game of wading through neck deep waters of bureaucratic confusion and indifference all too often.
 
Kulindahr said:
So when you want to tell a lie, you start by convincing people that the honest folks are lying.
Click to expand...

Kuli - the CBO based their findings on legislation that the Democrats have no idea what is in it or how much it will cost. The big lie is that no one knows the cost of Obamacare.

I'm sure you remember Pelosi's famous quote "we need to pass it to find out what is in it".

Plain and simple no one, including the CBO, knows how much Obamacare will cost - so how can the CBO say that if Obamacare is revoked it will cost more.

On a individual note, Obamacare did not address the cost of health care for individuals. It's become almost impossible for a non-affiliated person to get health care in the last year. Unless your employer has health insurance or you are old enough to get on Medicare -- insurance costs and acceptance are out-of-this-world.
 
rareboy said:
What a hoot.

The American Spectator must be the research arm of FAUX News.

I see that in the comments, someone has called them out on the deceptive presentation.
Click to expand...

Interesting rareboy. And yet no comment on white eagle's source for his thread.
 
CBO: healthcare repeal w/add 230 bill to deficit

Rescinding the federal law to overhaul the health-care system, the first objective of House Republicans who ascended to power this week, would ratchet up the federal deficit by about $230 billion over the next decade and leave 32 million more Americans uninsured, according to congressional budget analysts.

The rough estimate by the Congressional Budget Office also predicts that most Americans would pay more for private health insurance if the law were repealed. The 10-page forecast was delivered Thursday to House Speaker John A. Boehner (R-Ohio), installed a day earlier to shepherd the new GOP majority. He immediately dismissed it.
Click to expand...

http://www.washingtonpost.com/wp-dyn/content/article/2011/01/06/AR2011010606159.html

so the truth is that insurance would be higher and the deficit would be larger if Obama hadn't kept his promise to address healthcare while in office.

The republicans will pass a repeal from the house, but it will languish in the senate and never get to Obamas veto pen and all parties know that... but they will engage in politcal theatre to throw red meat to both bases.

Boehner, of course is questioning the CBO estimates, but that is also just political red meat for the base. no one, not even him, believes it.

So the republicans have gone back on about five promises since they got going a few days ago, and now they are in a pickle...

Either increase the deficit or let people have healthcare.
 
rareboy said:
What a hoot.

The American Spectator must be the research arm of FAUX News.

I see that in the comments, someone has called them out on the deceptive presentation.
Click to expand...

There's nothing deceptive about it. Repealing it would result in $540 billion less spending. But it would also result in $770 billion in less tax revenue. (hence the $230 billion deficit)

So yes, a repeal would result in less spending, but to get rid of that spending you would also have to get rid of all the extra taxes too.
 
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