Sebelius Cracks! Admits the Obamacare Books Were Cooked (VIDEO)

FoxNation.com ^

[JesseWatters]

The House Energy and Commerce Health Subcommittee invited Health and Human Services Secretary Kathleen Sebelius to swing by and have a little chin wag about the budgetary implications of ObamaCare. Representative John Shimkus (R-IL) noticed that the rather large sum of $500 billion was dedicated to both sustaining Medicare and funding ObamaCare. When he asked Sebelius which destiny awaited those five hundred billion clams, she replied, "Both."

[Mariner]

Program costs are typically measured in 10 year increments and the previous post got it right.

$600bil - $1,000bil cost.

[Trailerpark Badass]

Article says we're spending 60 billion a year.

Article also says that's less than the 111 billion a year projected to be the cost at the time of its enactment.

Is the article incorrect?

[Cacique]

I still have that book on my shelf..

[Dr. Scarpetta]

The obama administration is so despicable that I can’t stand watching the news anymore. I’m watching a rerun of ‘Monk’ at the moment. I think these people are trying to destroy our country. They are frauds, and I actually know people who support them.

[Gene Eric]

The commies lied to us, go figure.

[WPaCon]

This woman is sickening.

[CPT Clay]

yes!!

[reasonisfaith]

Good post!

[Always Independent]

Sorry Dahling.

[Oceander]

If this were a corporate CEO, they would be joining Bernie Madoff in prison.

Heck, they'd have been there already long ago. This would just be another sentencing enhancement.

[Just A Nobody]

President bush signed the Medicare Act of 2003 on December 8, 2003, bringing prescription drug coverage to America’s seniors during his first term in office.

Benefits did not begin until 2006

In 2005 the estimated cost to taxpayers was $926 billion.
By 2006 it had dropped to $797 billion.
In 2008 the cost had dropped 12% to $44 billion at the end of the fiscal year.

2-9-05 — Medicare drug benefit to cost $720 billion over 10 years
http://www.usatoday.com/news/washington/2005-02-09-medicare-drugs_x.htm

5-06 — Medicare drug benefit viewed as a work in progress
http://www.accessmylibrary.com/coms2/summary_0286-15426944_ITM
The cost of the drug benefit has declined from a projected $737 billion over 10 years to $675 billion. Projected cost for 2006 will be $30.5 billion, 20% less than the $38.1 billion originally estimated.

5-8-06 — Online discussion of the drug benefit
Scroll down to Dunn Loring, VA
http://www.washingtonpost.com/wp-dyn/content/discussion/2006/05/08/DI2006050801215.html

11-08 — Medicare Drug Plan Spending Drops $6B in 2008
http://www.agingcare.com/News/133484/Medicare-Drug-Plan-Spending-Drops-6B-in-2008.htm
…spending dropped by 12% to $44 B in fiscal year ending 9-30-08

Unfortunately, we have no way of knowing how much we would have been forced to pay for amputations due to lack of insulin or open heart surgeries because patients could not afford the heart medications accompanied by long hospital stays. I guarantee you it would have been far more than the prescription drug benefit is costing.

[ratsreek]

Sebelius.....one of the most detestable, evil beings in this country. There is a special place in hell for her, and the sooner she arrives there, the better off we (and millions of unborns and elderly) will be.

[hondact200]

thanks for the information. Obama tell the truth, Not Fricking Possible his name being Barack Abdullah Hussein Mohammed Obama.
But legally his name is Barry Soetoro, never changed legally. he just started calling himself after his visit to Pakistan in 1981.

[huldah1776]

Instead of the dogs, insert unborn babies.

[hal ogen]

Yeah...did you see him kissy-kissy with nobama in Florida yesterday?

[lonestar]

A lot of the high cost of drugs is due to lawyers...

Call 1-800-BAD-DRUG!

[Dr. Sheldon Cooper]

I still have that book on my shelf..

It made a significant impression on me in my youth.

It should be required reading in elementary school.

But that would lead to calls from the children for many of their own teachers to be arrested for treason.

[screaminsunshine]

No but heard. El RINO was with Obama. Jeb is bad news. Huckster is going to run interference for him like he did Juan.

[Yet_Again]

Few on FR want to remember that the Medicare prescription drug bill cost was sold by the GW Bush Admin at around $350 Billion and almost immediately after it passed it jumped to $580 Billion, and $750 Billion a few months later. Memory can be very selective.

I think you'll find few defenders of Bush left here. The man grew government, opened the door to TARP, called Islam a religion of peace, imported nearly a million new Muslim immgrants during his two terms, and funded both Planned Parenthood and the NEA at the highest levels in American history.

Whatever he was, he was not a conservative.

[Yet_Again]

OH! I almost forget, he left the border undefended and wanted to turn American port security over the the UAE.

With all the unrest in the middle east now, that doesn’t sound like it would have been a very good idea, does it. I’m glad that the conservatives here fought it as hard as they did and it failed.