Report: Health overhaul will increase nation's tab

Yahoo News, AP ^ | 4/22/10 | RICARDO ALONSO-ZALDIVAR, Associated Press Writer

[engrpat]

WASHINGTON – President Barack Obama's health care overhaul law will increase the nation's health care tab instead of bringing costs down, government economic forecasters concluded Thursday in a sobering assessment of the sweeping legislation.

A report by economic experts at the Health and Human Services Department said the health care remake will achieve Obama's aim of expanding health insurance — adding 34 million Americans to the coverage rolls.

But the analysis also found that the law falls short of the president's twin goal of controlling runaway costs, raising projected spending by about 1 percent over 10 years. That increase could get bigger, however, since the report also warned that Medicare cuts in the law may be unrealistic and unsustainable, forcing lawmakers to roll them back.

[engrpat]

Like this is a surprise!

[relictele]

Whew! At least they didn’t sully the high-minded debate in Congress with these inconvenient facts?

Sobering? Massive hangover is more like it.

[Nachum]

The list, ping

[TXBlair]

Well! This is a shocking development.

[jveritas]

LOL... They mean that adding 32 million parasites to the healthcare system would increase cost? Who knew such a shocking fact? What is next? A shocking report which tells us that 1+1=2?

[Josa]

Lying liars!

[old curmudgeon]

I just received in today’s mail a notification from Blue Cross that my premium will increase aby 25% beginning May 1st.

[freespirited]

It’s a shock that AP reported it.

[justiceseeker93]

Like this is a surprise!

Where were these "government economic forecasters" before the 'Rats rammed this horrendous bill through Congress? Ah, yes, they didn't know what was in the bill then. Or at least they have that as a convenient excuse for saying nothing.

[Need4Truth]

A separate Congressional Budget Office analysis, also released Thursday, estimated that 4 million households would be hit with tax penalties under the law for failing to get insurance.

I'll bet this will be closer to 30 million by 2014, making this a complete democrat disaster.

[opentalk]

I just received in today’s mail a notification from Blue Cross that my premium will increase aby 25% beginning May 1st.

Same here.

[pepsionice]

I would suggest getting a commission on this topic right away. Find the best minds, and let them report to the President in two years on the various ways that we can fix this. Together, we can make this nation stronger, healthy, and prosperous. Oh.....

I’ve been overdoing my med’s again...haven’t I?

[ak267]

It’s a shock that AP reported it
+++++++++++++++++++++++++++++++

AFTER THE FACT !!!!

[SunkenCiv]

Gosh, how nearfetched! Thanks justiceseeker93.

[o_zarkman44]

Wrecking the best health care in the World for the benefit of extending coverage to Ten Percent of the population.

The most wasteful boondoggle in World History.

[My Favorite Headache]

They weren’t reporting it when it mattered.

[Just A Nobody]

Where were these "government economic forecasters" before the 'Rats rammed this horrendous bill through Congress?

Soiling themselves under their beds???

[Just A Nobody]

adding 34 million Americans to the coverage rolls

Americans, or those living in America? There is a difference.

[Just A Nobody]

What is next? A shocking report which tells us that 1+1=2?

LOL! Good one, j.

[Alamo-Girl]

Thanks for the ping!