Memo to Liberals: Read the Full CBO Report Before You Shoot Your Mouth Off

http://delta-man.blogspot.com/2009/12/voice-of-experience.html ^ | 12/22/09 | The Voice of Experience

[Delta Man]

As part of their suicidal rush towards ruining the nation’s healthcare system, King Hussein Obama the First and his minions must be overjoyed that the latest Congressional Budget Office (CBO) scoring of the effect of their latest monstrosity on the federal deficit appears to be a positive one. More specifically, in a letter http://www.cbo.gov/ftpdocs/108xx/doc10868/12-19-Reid_Letter_Managers.pdf dated December 19, 2009 to Majority Leader Senator Harry Reid, the CBO estimates that the adoption of Senate Amendment 2786, also referred to as the “Manager’s Amendment”, which is the current version of the Senate healthcare reform bill, will lead to a net reduction in the federal deficit of $132 billion over the next ten years.

First of all before we probe the details of this report, it’s worth remembering that His Majesty has frequently claimed that reforming our nation’s healthcare system would be a significant factor in reducing our nation’s budget deficits. For example, here’s an excerpt from His Majesty’s speech to a joint session of Congress on September 9th, 2009:

[massgopguy]

I still want to know how my HMO BLue affects the Federal Budget.

[mdk1960]

This was the scoring CBO gave to that cocktail napkin handed to them that had With Our Compliments scrawled next to the lipstick smudge of Nurse Nancy, right?

[Foolsgold]

3 Points
First How can they rate it if nobody has read it. (bill locked in Reid’s office)
Second 400 Billion in new taxes (per year) to save 13.2 billion per year(132 over ten years)
and thirdly 5 years coverage (?) with 10 years taxes.