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Harry Reid LIED About Cost of Senate Bill/Reduction of Deficit
CBO Director/NY Post/The Lid ^ | 11/19/09 | The Lid

Posted on 11/19/2009 1:10:03 PM PST by Shellybenoit

Yesterday Harry Reid Proudly announced CBO had scored the Senate’s 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 "doctor’s 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 ...


TOPICS: Business/Economy; Government; Health/Medicine; Politics
KEYWORDS: deficit; obama; senatehealthcare; taxes

1 posted on 11/19/2009 1:10:06 PM PST by Shellybenoit
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To: Shellybenoit

At this point, they can say just about anything and those voting won’t check or care. Vote all of them out of office!


2 posted on 11/19/2009 1:13:04 PM PST by Dixie Yooper (Ephesians 6:11)
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To: Shellybenoit

For the whole series of Zero dollar bills, go here:

"Flickr Archive of Zero Bills"



3 posted on 11/19/2009 1:14:33 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: Shellybenoit

4 posted on 11/19/2009 1:16:10 PM PST by paulycy (Demand Constitutionality.)
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To: Shellybenoit

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


5 posted on 11/19/2009 1:24:40 PM PST by dila813
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To: Shellybenoit
Harry Reid LIED....

There's a news flash.

6 posted on 11/19/2009 1:24:52 PM PST by The_Victor (If all I want is a warm feeling, I should just wet my pants.)
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To: dila813; Shellybenoit
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.

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.

7 posted on 11/19/2009 1:32:06 PM PST by Pearls Before Swine (Is /sarc really necessary?)
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To: Shellybenoit

The real news would be if Harry Reid had told the truth...about anything.


8 posted on 11/19/2009 1:36:02 PM PST by OpeEdMunkey (Eat right...exercise...die anyway)
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To: Shellybenoit
OK Harry, here's your big chance.

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.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

9 posted on 11/19/2009 2:48:21 PM PST by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: Pearls Before Swine

That’s common knowledge compared the the fraud I am talking about.


10 posted on 11/19/2009 4:21:01 PM PST by dila813
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