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GOP plan to repeal health care reform would add $455bn to the deficit

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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-26-10 10:00 PM
Original message
GOP plan to repeal health care reform would add $455bn to the deficit
by John Aravosis (DC) on 8/26/2010 04:40:00 PM

Oops. From CBO's letter:

Finally, you asked what the net deficit impact would be if certain provisions of PPACA and the Reconciliation Act that were estimated to generate net savings were eliminated—specifically, those which were originally estimated to generate a net reduction in mandatory outlays of $455 billion over the 2010–2019 period. The estimate of $455 billion mentioned in your letter represents the net effects of many provisions. Some of those provisions generated savings for Medicare, Medicaid, or the Children’s Health Insurance Program, and some generated costs. If those provisions were repealed, CBO estimates that there would be an increase in deficits similar to its original estimate of $455 billion in net savings over that period.

http://www.americablog.com/2010/08/gop-plan-to-repeal-health-care-reform.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+Americablog+(AMERICAblog)
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myrna minx Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-26-10 10:02 PM
Response to Original message
1. Imagine how those numbers would have looked had they included
Edited on Thu Aug-26-10 10:04 PM by myrna minx
a public option.

On edit - for some reason this link isn't working for me.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-26-10 10:04 PM
Response to Reply #1
2. How would they have looked? nt
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myrna minx Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-26-10 10:07 PM
Response to Reply #2
3. Adding a public option would have reduced the costs of health care,
and as a result, lowered the deficit. :shrug:
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-26-10 11:07 PM
Response to Reply #3
4. It would had lowered costs to private sector employees and the employers.
It would had lowered costs to government employees and employers and the taxpayers.
It would had reduced medical expenses due to intentionally delayed medical help.
It would had reduced bankruptcies due to medical bills.

It would had kept scumbags from making too much and keeping their taxes down. :eyes:
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