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Congress' Unhealthy Care Plan
IBD Editorials ^ | June 17, 2009 | INVESTORS BUSINESS DAILY

Posted on 06/17/2009 6:04:33 PM PDT by Kaslin

Health Care: The CBO says a government-run health care system would cause 23 million Americans to lose private coverage, cost $1 trillion dollars and still leave 30 million uninsured.


The Congressional Budget Office, not your typical right-wing think tank, has looked at the Affordable Health Choices Act, as unveiled by Massachusetts Democratic Sen. Edward Kennedy, and found the word "affordable" to be false advertising.

We have looked at it and found the word "choices" to be as meaningless as being told you can buy any car you want — as long as it's a Ford.

The CBO director says on his official blog, "According to our preliminary assessment, enacting the proposal would result in a net increase in federal budget deficits of about $1.0 trillion over the 2010-2019 period."

This figure doesn't even include the cost of a proposed "public plan" option.

According to the CBO, "the number of people who had coverage through an employer would decline by about 15 million and coverage from other sources would fall by about 8 million."

The CBO envisions 39 million would obtain coverage through the new insurance exchanges that would be set up.

That would mean a net reduction in the uninsured of just 16 million, still leaving 30 million without insurance.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Government
KEYWORDS: barackobama; bho44; bhohealthcare; cbo; chrisdodd; healthcare; healthcarereform; ibd; obamacare; rationing; socializedmedicine; tedkennedy; uninsured; universalhealthcare; wealthshare

1 posted on 06/17/2009 6:04:33 PM PDT by Kaslin
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To: Kaslin

You can now buy any car you want ... as long as it is from g
Gubmint Motors A or Gubmint Motors B. Buying from Ford would destroy the unity behind change we can believe in that is necessary for GM to justify more bailout money.


2 posted on 06/17/2009 6:09:45 PM PDT by spintreebob
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To: Kaslin

Unlimited access to abortion is included in this plan!!!! Sneaky, evil people....


3 posted on 06/17/2009 6:12:11 PM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified DeCartes))
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To: SumProVita

Figures, they are indeed evil


4 posted on 06/17/2009 6:31:41 PM PDT by Kaslin (Acronym for 0bama: One Bad Ass Mistake America)
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To: Kaslin

I never thought I’d see this in the USA....never....what this administration is doing is unreal...

...and a large segment of the population, though they don’t like it...is soooo blasé....scary!


5 posted on 06/17/2009 6:34:00 PM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified DeCartes))
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