Posted on 07/25/2009 7:13:11 AM PDT by IbJensen
This week President Obama promised that "the reforms we seek" will bring greater "inefficiencies to our health care system." It was a slip of the tongue, but the Obama-inspired health care bill moving through the House of Representatives suggests the president accidentally told the truth.
The bill, approved last week by two House committees, would spend much more than necessary to subsidize medical coverage for uninsured Americans while failing to deliver on Mr. Obama's commitment to control health care costs.
The Congressional Budget Office (CBO) estimates the legislation would cost $1.3 trillion during its first decade: $438 billion for Medicaid and the State Children's Health Insurance Program, $53 billion in tax credits for small businesses that offer health insurance to their employees, and $773 billion in subsidies for a government-administered "insurance exchange" in which people could choose among various health plans, including a newly created "public option."
One reason the tab is so high: The bill defines its target too broadly. U.S. Census Bureau data indicate nearly 40 percent of the 46 million U.S. residents who were uninsured at some point in 2007 had annual household incomes of $50,000 or more. Another 23 percent or so were already covered by existing government programs or could have been.
Choices Act.
(Excerpt) Read more at washingtontimes.com ...
From the lips of the evil one a truth, albeit Freudian.
The ONE time he did not lie!!!
Euthanasia.
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