Thursday, March 18, 2010

CBO Report Released Today on Cost of ObamaCare is Incomplete

The CBO Report is out on ObamaCare [H.R. 4872, the Reconciliation Act of 2010 combined with H.R. 3590, the Patient Protection and Affordable Care Act (PPACA), as passed by the Senate], stating that it will cost $940 billion over 10 years. Whether this forecast is realistic is for another day’s discussion. Never mind that it uses 10 years of premiums to pay for 6 years of claims.

What is not included is “the doctor fix” for Medicare, which is estimated to be $247 billion. This means that the present health bill is NOT budget neutral, but ADDS to the deficit.

Last evening on Special Report, Bret Baier interviewed the President [transcript]:

“BAIER: And you call this deficit neutral, but you also set aside the doctor fix, more than $200 billion. People look at this and say, how can it be deficit neutral?

OBAMA: But the — as you well know, the doctors problem, as you mentioned, the "doctors fix," is one that has been there for years now. That wasn't of our making, and that has nothing to do with my health care bill. If I was not proposing a health care bill, right — let's assume that I had never proposed health care.

BAIER: But you wanted to change Washington, Mr. President. And now you're doing it the same way.

OBAMA: Bret, let me finish my — my answers here. Now, if suddenly, you've got, over the last decade, a problem that's been built up. And the suggestion is somehow that, because that's not fixed within this bill, that that's a reason to vote against the bill, that doesn't make any sense. That's a problem that I inherited. That was a problem that should have been solved a long time ago. It's a problem that needs to be solved, but it's not created by my bill. And I don't think you would dispute that.”

This bill was to be a comprehensive bill. We were told it could not be done piecemeal. We had to have one bill. Suddenly, paying doctors for their services is somehow irrelevant to providing care for our elderly citizens.

Ignoring the facts, failing address the real access to care issues and failing to add up ALL the costs of in one bill because it isn’t convenient seems more than a little disingenuous, doesn’t it?

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