Kennedy Bill Would Actually Cost $4 Trillion


	Kennedy Bill Would Actually Cost $4 Trillion

n2sooners

6-17-2009 3:20 AM

244 views

tags:

healthcare, economy, pork, socialism, politics

1 Comment |

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6-17-2009 10:44 PM

dl211

Yet Obama supporters could care less, it could cost 20 trillion and they'd still cheer him on. Obama supporters are so naive they'd drown in a kids pool rather than stand up.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/34808f1f-fc91-4307-98f7-7cd3b04908fd/5259AF2E-06C7-4202-89E4-74AD692E0CED/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://spectator.org/blog/2009/06/16/report-kennedy-bill-would-actu" href="http://spectator.org/blog/2009/06/16/report-kennedy-bill-would-actu" style="font-size: 11px;">spectator.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://spectator.org/blog/2009/06/16/report-kennedy-bill-would-actu">Yesterday, the <A href="http://spectator.org/blog/2009/06/15/cbo-says-dem-health-care-bill" bitly="BITLY_PROCESSED" linkindex="24">
  CBO</A> estimated that the current Democratic Senate health care
  bill would increase the defict by $1 trillion over 10 years while
  leaving 30 million uninsured, forcing the White House to <A href="http://spectator.org/blog/2009/06/16/obama-throws-kennedy-bill-unde" bitly="BITLY_PROCESSED" linkindex="25">
  distance itself</A> from the legislation</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://spectator.org/blog/2009/06/16/report-kennedy-bill-would-actu"><A href="http://www.hsinetwork.com/" bitly="BITLY_PROCESSED" linkindex="26">Health Systems Innovations
  Network</A>, a consulting group, went ahead and estimated the
  full cost of a bill that included the subsidies and Medicaid
  expansion, and reduced the number of uninsured by 99 percent.
  With these assumptions, they <A href="http://www.hsinetwork.com/HSI_Report_on_Kennedy_06-13-09.pdf" bitly="BITLY_PROCESSED" linkindex="27">estimate</A><A href="http://www.hsinetwork.com/HSI_Report_on_Kennedy_06-13-09.pdf" bitly="BITLY_PROCESSED" linkindex="27">d
  (pdf)</A> the cost at a staggering $4 trillion over 10 years,
  resulting in the shift of 79 million Americans to government-run
  health care</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://spectator.org/blog/2009/06/16/report-kennedy-bill-would-actu">the main reason why the group's estimate is so
  much higher than the CBO is that it assumes more people will buy
  coverage with government help</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://spectator.org/blog/2009/06/16/report-kennedy-bill-would-actu">500 percent of the poverty
  level translates into income of $110,000 for a family of four</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://spectator.org/blog/2009/06/16/report-kennedy-bill-would-actu">He
  also said HSI would revise the estimate if a new version of the
  legislation proposed new cost savings</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/5259AF2E-06C7-4202-89E4-74AD692E0CED/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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