Posted on 11/19/2009 1:10:03 PM PST by Shellybenoit
Yesterday Harry Reid Proudly announced CBO had scored the Senates bill and that claimed that the bill would save $109 Billion during the first ten years years of the plan's Today the CBO released a letter showing that Reid's information is wrong. The Majority leader "forgot to include the "doctors fix, in his scoring. Once that is done the effect of the Senate Bill is to INCREASE the the deficit by $89 billion in the first 10 years.
(Excerpt) Read more at yidwithlid.blogspot.com ...
At this point, they can say just about anything and those voting won’t check or care. Vote all of them out of office!
And it is still freaking wrong, they will never collect on their revenue.
They are assuming a yield that is fantasy land on their tax increases.
Why do they always assume that people won’t find a way around these taxes?
People will pay under the table if they have to. Cosmetic Surgery taxes is a joke, people have to pay for this out of pocket anyways.
Why do all these CBO people continue to do LSD? Freaking nuts and is a little irating.
Are they going to start investigations of payments under the table in the United States for Cosmetic Surgery? Good luck
There's a news flash.
Its worse than that. The CBO scores the first ten years, which assumes 10 years of tax revenue and 6 or 7 years of expense. Remember, the taxes are frontloaded, but the implementation of the bureaucracy and the delivery/takeover of medical services starts in 2013.
So, CBO looked at the first ten years, but it was a stacked deck. Once the program goes to steady state, there's a 30 to 35% underestimate of how bad it is each ongoing year.
The real news would be if Harry Reid had told the truth...about anything.
If this ridiculous unConsitutional incursion into medicine doesn't cost a dime in extra taxes, or deficits, or whatever, you go free.
It goes into the red, then you die by hanging, lethal injection, or the electric chair depending on the capital punishment dictates of the state you steal the most money from.
Are you willing to back this multi-trillion dollar fascist power grab with that level of committment? No? Ironic, since that's the level of committment you're demanding of all of America.
That’s common knowledge compared the the fraud I am talking about.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.