Pelosi Has $18.4 Bil In Play Money For Health Care Votes

IBD's Capital Hill ^ | 3/18/2010 | David Hogberg

[Slyscribe]

Under budget rules, any reconciliation bill must reduce the deficit by at least $1 billion. According to the CBO, the reconciliation bill reduces deficits by $19.8 billion over 10 years. However, as the final page of the CBO report notes, higher education spending changes — student loan subsidies — account for $19.4 billion. Which means that the reconciliation changes related to health care only reduce the deficit by $0.4 billion.

[Slyscribe]

That also gives Speaker Pelosi and the rest of the Democratic leadership a lot of carrots to offer on the health care side. They’ve got $18.4 billion they can use can to buy off wavering members.

[Puppage]

Nice to know that the will of The People matter not, that it's all about THE MONEY.

Whatever happened to doing what's right?

[RushIsMyTeddyBear]

OUR money.

[bayareablues]

18.4B of our money.

[albie]

That would mean about $60.00 for every man, women and child in the US. (more if we just count the legal ones) Why not give us each $60.00 so we can “stimulate” something!~sarc

[Truth29]

This is like the last days of the Roman Empire where the crown of Cesar was up for the highest bidder.

[Oceander]

Well, there we have our answer. Even under their ludicrous assumptions, Obastard care saves only $400 million over 10 years. However, since they will be hiring 12,000 new IRS agents just to enforce Obastardcare, which will cost at least $600 million a year just to pay basic salaries for those 12,000 new Obastardcare agents, that means that, even under the DEEM-ocrats' ludicrous, false, misleading assumptions, there will be a net deficit of at least $560 million a year in perpetuity, which means that Obastardcare will leave a deficit of at the very least $5.6 billion ($560 million times 10) over the next ten years. That means it fails even the requirements to constitute a valid reconciliation bill.

[massgopguy]

“Rules! “We don’t need no stinkin’ rules!”