WildCat
NWO Master Conspirator
- Joined
- Mar 23, 2003
- Messages
- 59,856
They can say whatever they'd like. But reality is reality. Former CBO director Douglas Holtz-Eakin writes about the gimmickry in today's New York Times:You are wrong. The CBO does not assume that. The CBO estimates that the bill will result in about $500 billion reduction in Medicare expenditures over the next 10 years.
It is not something assumed. It is the calculated estimate of the effect of this bill. (The category is actually provisions not related to health insurance coverage, which is mostly related to Medicare.)
In other words, this is what the CBO thinks the effect of the bill will be over ten years on spending in this category (mostly Medicare) compared to the spending on this category if the bill hadn't passed.
From the CBO report:
Could this really be true? How can the budget office give a green light to a bill that commits the federal government to spending nearly $1 trillion more over the next 10 years?
The answer, unfortunately, is that the budget office is required to take written legislation at face value and not second-guess the plausibility of what it is handed. So fantasy in, fantasy out.
In reality, if you strip out all the gimmicks and budgetary games and rework the calculus, a wholly different picture emerges: The health care reform legislation would raise, not lower, federal deficits, by $562 billion.