House healthcare plan to add to deficit: $239 billion over the 2010-2019 period

[steven johnson]

The 'right to healthcare' as defined by Obama and the Democratic Congress has a cost.

Fri Jul 17, 2009 11:13pm EDT
 
WASHINGTON (Reuters) - A sweeping healthcare reform bill being pushed by Democrats in the U.S. House of Representatives would increase already swollen federal budget deficits by $239 billion over 10 years, according to a government analysis released on Friday.

The $1 trillion plan, which was unveiled on Tuesday, "would result in a net increase in the federal budget deficit of $239 billion over the 2010-2019 period," according to a report submitted to Congress by the Congressional Budget Office and the Joint Committee on Taxation.

The two congressional offices provide nonpartisan analysis on the budgetary impact of spending and tax measures under consideration by Congress.
President Barack Obama has made healthcare reform -- and the expansion of care for millions of uninsured people -- the top priority of his administration. He has called on Congress to give him legislation this year that he could sign into law.
The CBO report noted the analysis was based on communications with congressional aides and was not a detailed look at the legislative language itself.

The House proposal, which would set up a government-run health insurance plan to compete with private insurers, would cost $1.042 trillion over 10 years, according to the analysis.





House healthcare plan to add to deficit: analysts

[steven johnson]

1. Obama Administration counterattacking on cost

The Administration is trying to sell cost containment as something other than rationing. Good luck.

The White House worked Friday to prove it is serious about containing long-term health-care costs, a day after the director of the Congressional Budget Office said he doubts pending legislation will do so...President Barack Obama urged Congress to include a proposal that would allow recommendations for cost-cutting...

Mr. Obama and congressional Democrats are committed to paying for the health-care legislation, estimated to cost $1 trillion over 10 years, with cost cuts in government programs such as Medicare, new taxes and other steps.

Another idea: pay for research comparing competing treatments and then -- this is the controversial part -- reimburse doctors less if they use less-effective options.

But the Blue Dog Coalition, a group of conservative Democrats, complained in a letter this month that there were too few of these overhauls in the emerging health legislation.


Obama Moves to Counter Cost Concerns

[YewNork]

2. But is the president trying to provide a right to health "care" or a right to health "insurance"

They're not the same thing.

[WillYourVoteBCounted]

3. where's the headline about ILLEGAL WARS CREATE MASSIVE DEFICIT

???