Posted on 07/26/2009 5:59:02 PM PDT by Shellybenoit
For the second time, the Congressional Budget Office (CBO) has dealt a blow to Obamacare. Their analysis of a White House/Congressional proposal to give an independent panel the power to keep Medicare spending in check, reported the panel idea would save a measly $2 billion over 10 years. Its not often one can call $2 billion measly, however the term is appropriate when its an offset to help pay for a $1-1.6 trillion Obamacare bill.
In mid-July CBO director Douglas Elmendorf said bills crafted by House leaders and the Senate health committee do not propose "the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount." Though President Obama and Democratic leaders had constantly said that controlling the skyrocketing growth in spending on government health programs such as Medicaid and Medicare is their top priority, the reform measures put forth so far would not fulfill their pledge to "bend the cost curve" downward, Elmendorf said. Instead, he said, "The curve is being raised."
Apparently the White House is not a big fan of the truth, today the President sent his own top-bean-counter,White House Budget Director Peter Orszag, to appear on CNN and beat up on the CBO:
(Excerpt) Read more at yidwithlid.blogspot.com ...
“Apparently the White House is not a big fan of the truth”
WOW, that has to be one of the largest understatements I have ever read!!!! the White House is the Lying House since January.
How much did Orszag pay for that ridiculous wig?
Simple. They are lying and doing so willfully and purposfully. Impeach now. I do think fraud is a high crime. Someone needs to draw up articles.
looks like the CBO told Zero to shove it
July 22, CBO head summoned to White House over report. July 25, CBO reaffirms it’s position.
“Said Senate Minority Leader Mitch McConnell, R-Kentucky: “I noticed that the CBO director was sort of called down to the White House yesterday. It strikes me as somewhat akin as the owner of the team asking the umpires to come up to the owner’s box.”
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The socialists may end up passing a bill to exterminate the old and useless in the House, but the outcry that will ensue makes a Senate win very unlikely.
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