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The CBO Death Knell For "Obamacare"
CBS News ^ | 7-21-09 | Pejman Yousefzadeh

Posted on 07/21/2009 7:38:20 PM PDT by STARWISE

I cannot remember where I read it, alas, but some news story, some months ago, pointed out that in anticipation of health care reform, the former Director of the Congressional Budget Office--and the current Director of the Office of Management and Budget--Peter Orszag, increased the hiring of staff economists well versed in the fiscal and economic consequences of any changes in the health care system. With these new hires, Orszag hoped that CBO would be well-prepared to turn out quick and accurate estimates of any health reform legislation.

One imagines that while the current CBO Director, Doug Elmendorf, is happy about these hires, OMB Director Orszag regrets them.

Why? Because CBO issued a fairly blistering report concerning the ability of the current health care reform plans to save money and control health care costs for the long term.

(Excerpt) Read more at cbsnews.com ...


TOPICS: Business/Economy; Front Page News; Government; Politics/Elections
KEYWORDS: bhowaterloo; cbo; obamacare; overlordobama; socialism
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CBO's hammer blow to the prospects of the reform packages currently on the table was buried in this Politico report, but its issuance ought to have alarm bells going off in Washington:
1 posted on 07/21/2009 7:38:20 PM PDT by STARWISE
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To: STARWISE
CBO issued a fairly blistering report concerning the ability of the current health care reform plans to save money and control health care costs for the long term.

It was blistering because it was honest. The only way Obama and his minions can get legislation passed is to lie about its consequences. Look how the libs had to reinvent Global Warming as Climate Change because it was too easy for critics to show that there hasn't been any Global Warming in years. But Climate Change? Always plenty of that.

2 posted on 07/21/2009 7:43:34 PM PDT by TruthShallSetYouFree (Kenya tell me where Obama was born?)
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To: STARWISE
Too many people have gotten hung up on the concept of universal coverage, neglecting to note that universal coverage helps drive health care providers out of business, that it leads to incredibly onerous increases in taxes, and that current Congressional plans promising universal coverage will only serve to push down wages, increase the complexity of the health care system, and stick us with yet another unaffordable entitlement.

So babyboomers who can't afford to retire can just work themselves to death while paying for their healthcare. Lovely.

3 posted on 07/21/2009 7:46:07 PM PDT by GVnana (Sarah for America)
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To: TruthShallSetYouFree

Yeah. It’s called weather.


4 posted on 07/21/2009 7:46:27 PM PDT by CH3CN ((Mom))
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To: STARWISE

Any person in America who votes for this crushing folly, while the country is already being flattened by this Democrat drunken bindge, needs to be tried for treason against the state.

Junior and the dip-shitz are reeling out of control. Get rid of every Dem we can in the next election cycle in order to try to save this country from collapse...thats how bad it is.


5 posted on 07/21/2009 7:47:52 PM PDT by AlphaOneAlpha
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To: STARWISE
From the Politico article:

The three chairmen who introduced the bill: Education and Labor Committee Chairman George Miller (D-Calif.), Ways and Means Committee Chairman Charles Rangel (D-N.Y.) and Energy and Commerce Committee Chairman Henry Waxman (D-Calif.) moved quickly to put a good face on the numbers after they were released Friday night.

Man, if this is a good face, I’d hate to see a bad face on these numbers!


6 posted on 07/21/2009 7:48:55 PM PDT by Servant of the Cross (the Truth will set you free)
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To: STARWISE

http://www.youtube.com/watch?v=U6oWWGVWSFA&feature=channel


7 posted on 07/21/2009 7:48:59 PM PDT by ExTexasRedhead
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To: TruthShallSetYouFree

“Obama and his minions...lie”

There. I edited it for you.


8 posted on 07/21/2009 7:51:38 PM PDT by Hugin (Sarah Palin: accept no substitutes!)
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To: STARWISE
That isn't the CBO ringing that bell!

Photobucket

9 posted on 07/21/2009 7:52:15 PM PDT by FlingWingFlyer (WWTHD - What Would The Hondurans Do?)
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To: STARWISE

Today Obama went charging into Elmendorf’s office to chew him out.

http://hotair.com/archives/2009/07/21/why-did-obama-meet-with-the-cbo/

Elmendorf works for Congress, not him. For a sitting president to do this is unheard of.


10 posted on 07/21/2009 7:54:29 PM PDT by Gideon7
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To: STARWISE

I thought this was changed today.


11 posted on 07/21/2009 7:59:24 PM PDT by shield (A wise man's heart is at his RIGHT hand;but a fool's heart at his LEFT. Ecc 10:2)
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To: Gideon7; penelopesire; seekthetruth; television is just wrong; jcsjcm; BP2; Pablo Mac; ...

I was expecting that from ‘DON’T FORGET WE’RE KEEPING SCORE BROTHER’ Oblama. Nasty SOB. You can remove the thug from Chicago, but ...

Someone, open the investigation NOW ... these are serious, separation of powers grounds.


12 posted on 07/21/2009 7:59:50 PM PDT by STARWISE (The Art & Science Institute of Chicago Politics NE Div: now open at the White House)
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To: Gideon7

Hey, Meridith Viera actually did a yeoman’s job keeping Obama’s feet to the fire. What gives?


13 posted on 07/21/2009 8:07:35 PM PDT by FastCoyote (I am intolerant of the intolerable.)
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To: shield

Not sure what you mean.


14 posted on 07/21/2009 8:13:54 PM PDT by STARWISE (The Art & Science Institute of Chicago Politics NE Div: now open at the White House)
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To: STARWISE

I reckon some CBO heads are about to roll...

How dare they contradict Dear Leader? Who do they think they’re dealing with, Bush?


15 posted on 07/21/2009 8:14:59 PM PDT by bigbob
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To: STARWISE

BeeO met with them and they came out with a different report saying they’d be a 6 billion dollar surplus. No one believes them...can anyone believe what lengths these guys will go to.


16 posted on 07/21/2009 8:18:09 PM PDT by shield (A wise man's heart is at his RIGHT hand;but a fool's heart at his LEFT. Ecc 10:2)
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To: shield

You’re kidding .... jeeze .. if true, this is serious presidential tampering.


17 posted on 07/21/2009 8:20:27 PM PDT by STARWISE (The Art & Science Institute of Chicago Politics NE Div: now open at the White House)
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To: STARWISE
Watch this video you posted and listen to what he says. http://www.youtube.com/watch?v=JgalO6T6jfI&NR=1
18 posted on 07/21/2009 8:24:59 PM PDT by shield (A wise man's heart is at his RIGHT hand;but a fool's heart at his LEFT. Ecc 10:2)
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To: long hard slogger; FormerACLUmember; Harrius Magnus; hocndoc; parousia; Hydroshock; skippermd; ...


Socialized Medicine aka Universal Health Care PING LIST

FReepmail me if you want to be added to or removed from this ping list.

**This is a high volume ping list! (sign of the times)**


19 posted on 07/21/2009 8:28:42 PM PDT by socialismisinsidious ( The socialist income tax system turns US citizens into beggars or quitters!)
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To: STARWISE

Obamacare had nothing to do with health care and everything to do with centralized government. Obama hasn’t read the bill and wants it passed before anyone else could. The question then becomes who did write it? Bill Ayers is as good a guess as any.


20 posted on 07/21/2009 8:32:13 PM PDT by Spok (Viet vet and father of a Marine in the 1/1.)
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