Is GOP Serious on Repealing The Healthcare Law? Here Is A Warning Message

by Scott77 44 Replies latest social current

  • Scott77
    Scott77

    Healthcare law repeal hurts deficits: CBO

    By Richard Cowan

    WASHINGTON (Reuters) - An effort by Republicans in the House of Representatives to repeal the healthcare law enacted last year would add to already huge federal budget deficits, the Congressional Budget Office warned on Thursday.

    In a preliminary estimate of legislation the House is set to begin debating on Friday, the CBO said repealing the law that President Barack Obama and his fellow Democrats enacted would "increase federal budget deficits over the 2012-2019 period by a total of roughly $145 billion." It said that figure would rise to $230 billion by 2021.

    The CBO also said repeal would result in 32 million fewer people having health insurance.

    The nonpartisan CBO analyzes legislation for its impact on government spending and revenues and develops forecasts of economic performance.

    Republicans won majority control of the House last November after campaigning on promises to slash the deficit, now at around $1.3 trillion.

    During the 2010 campaigns for Congress, Republicans also said they would repeal the healthcare law, saying it places too many job-killing burdens on business and is unconstitutional because it requires individuals to purchase health insurance if they are not already covered.

    Democrats still hold a majority, although narrower than last year, in the Senate, where any healthcare repeal bill is expected to be blocked.

    On Friday, newly installed House Speaker John Boehner plans to begin debate on Republican legislation to repeal the healthcare law, which aimed to reduce medical costs and insure millions of people who currently can't afford coverage.

    The law also prevents insurance companies from refusing to cover patients with pre-existing conditions.

    House Republican leaders have dismissed CBO's forecasts that the healthcare law would reduce U.S. budget deficits, saying there were too many unrealistic assumptions in such forecasts.

    A House committee began meeting on Thursday to put together rules governing the House floor debate of the healthcare law. That panel is expected to refuse to let Democrats offer amendments on the bill that could pass as soon as January 12.

  • BizzyBee
    BizzyBee

    The 112th Congress is going to start off by wasting taxpayers time and money on this political theater. They are pandering to the Tea Party ("well, we tried!") knowing full well that HC repeal will not pass both houses and even if it did, the President would veto it.

    Back to square one. Priorities:

    • Tea Party placated on reading the entire Constitution (including the gnarly bits): check.
    • Tea Party placated on trying to repeal HC (and failing): check.
    • Next item: job creation (good luck!)
  • Farkel
    Farkel

    :the CBO said repealing the law that President Barack Obama and his fellow Democrats enacted would "increase federal budget deficits over the 2012-2019 period by a total of roughly $145 billion." It said that figure would rise to $230 billion by 2021.

    Anyone care to explain just how such a thing is possible?

    Federal Budget is "X."

    Then Congress passes a law which is not yet in effect. Future Federal Budgets not affected by it because it isn't in affected.

    Federal Budget is still "X."

    Congress appeals the law before it takes effect.

    Federal Budget is still "X."

    Everything thing is back to the same as it was before law passes.

    Federal Budget is still "X."

    But then something magical happens.

    Future Federal Budgets THEN go up by $230 billion dollars because the law was repealed before it did anything!

    Rubbish.

    Farkel

  • Terry
    Terry

    1.Somebody takes your credit card and charges a large, sleek yacht in your name.

    2.They promise to put the title in your name once it is paid for.

    3.You can't make the astronomical payments.

    4.Before the boat can be delivered your friends intervene and threaten to cancel the order.

    That's what is happening.

    (Pssst...the yacht is Healthcare, the "somebody who charged the yacht" is the Democrats and the friends who threaten to cancel the order are the new Congress of Republicans.)

  • BurnTheShips
    BurnTheShips
    Healthcare law repeal hurts deficits: CBO

    The CBO numbers, as used by the Democrat noise machine, are a steaming pile of freshly excreted pig shit. Everyone knows this (or anyone that stops and looks at the thing). The scoring has a list of caveats a mile long.

    Richard Foster, the chief actuary for the Centers for Medicare and Medicaid Services, reports that under his analysis national health spending will rise under the bills by $222 billion over the next 10 years. In other words, ObamaCare really does "bend the cost curve"—up.

    One of the fictions Mr. Foster highlights is the 30% cut in physician payments over the next three years that Democrats have already promised to disallow. Republicans would do the same, we hasten to add.

    Another chunk of ObamaCare "savings" are due to cranking down Medicare's price controls for hospitals and other providers that Mr. Foster says are also "extremely unlikely to occur." In the absence of "substantial and transformational changes in health-care practices"—in other words, a productivity revolution in medicine that has never happened—costs will simply rise for private patients, or hospitals will refuse to treat seniors insured by Medicare. Congress will never allow that to happen either.

    http://online.wsj.com/article/NA_WSJ_PUB:SB10001424052748703652104574652563562216036.html

    So they have a 30% reduction in provider payments that were part of the CBO score...that are not going to happen.

    They have 10 years worth of payments for 6 years worth of services.

    Let me repeat myself.

    They have 10 years worth of payments for 6 years worth of services.

    That, along with the fictional 30% cut in payments, (and other crap) is the only way they can show a surplus (on paper) with the CBO.

    The Democrats never mention "that part."

    Why is that?

    It gives them their little talking point that is, in fact, A LIE.

    BTS

  • leavingwt
    leavingwt
  • leavingwt
    leavingwt
  • beksbks
    beksbks

    Odd that opinion piece from the WSJ would use the actuary report from Jan 08, 2010 when there was another one on April 22.

  • BurnTheShips
    BurnTheShips
    Odd that opinion piece from the WSJ would use the actuary report from Jan 08, 2010 when there was another one on April 22.

    Date of Article: JANUARY 12, 2010

    Yet even after passage, the basics I outlined above do not change.

    BTS

  • monkeyman
    monkeyman

    HealthCare Reform is really Health INSURANCE Reform. Insurance companies are being decimated. I know of 2 insurance companies who have closed their doors. Another has trimmed about 500 employees and most companies have cut commissions 40%.

    Oh, and by the way, premium rates have gone up.

    Have you noticed that Obama has not referred to how much better coverage people would get and costs would go down and everyone would have coverage??

    Oh, and another thing......the bureaucrats that are making these legislative changes are not affected at all by the changes. They have lifetime benefits paid by the government.

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