It is all so predictable. Speaker Nancy Pelosi claims she has the total budget over ten years for the House version of Obamacare “down” to $900 billion. (Remember, it is really $900 billion for seven years since the law wouldn’t go into effect until 2013). From the story:
House of Representatives Speaker Nancy Pelosi said on Tuesday new estimates showed a healthcare overhaul drafted by Democrats would reduce the U.S. budget deficit over 10 years and cost less than $900 billion. The preliminary estimates from the nonpartisan Congressional Budget Office moved Democratic leaders closer to finishing a merger of three separate healthcare reform bills into one for debate on the House floor.
The budget watchdog had been asked to analyze a healthcare bill with three different versions of a government-run insurance option as leaders worked to merge bills on President Barack Obama‘s top domestic priority. “The preliminary estimates we’ve seen from the CBO enable us to make our choices knowing that whatever choice we make will reduce the deficit and will pay for the bill,” said Pelosi, who did not release the estimates.
This is pure Bunraku (Japanese puppet theater), and not good Bunraku at that: We can see the strings being pulled. We know that the projections are based on gimmicks, projected cuts that won’t happen, game playing, etc. The whole thing is completely for show: to enable some politicians–like the POTUS–to hear what they need in order to say that their strict policy requirements have been met. Once the bill passes, these projections will be quickly forgotten and costs will soar–just like in almost every other government program we see, from building bridges to Cash for Clunkers. One exception: The Medicare Drug benefit that is under projected costs. That is an entirely private plan. Is there a connection?




October 20th, 2009 | 10:22 pm
The Democrats, represented by Nancy Pelosi are claiming that the healthcare overhaul bill will REDUCE the NATIONAL DEFICIT?
Are you kidding me? Can this be true?
John DeFlumeri Jr
October 21st, 2009 | 12:14 pm
Pelosi did not release the estimates, Mr. DeFlumeri, so we can only guess. However, the Baucus (Senate) bill meets its defecit-reduction goal by setting odd time horizons, starting the taxation sections of the bill several years before the insurance exchanges are operational, and assuming a 21% cut in Medicare reimbursements. I can tell you that last one will never happen, and I don’t think anyone expects it to. It’s just theater to make the bill *look* affordable so that it can pass.
Once it’s law, the true costs will of course be far, far, far higher. I think if these programs clear, we’re on our way to national bankruptcy.
October 25th, 2009 | 12:47 am
[...] Pelosi said that the House version of Obamacare would come in under $900 billion over ten years. I said, bunk. First, the expenses will only be for seven years since it wouldn’t start until 2013. [...]
November 4th, 2009 | 8:09 pm
When you use an analogy, you should know what you’re talking about. Bunraku doesn’t use strings. You’re thinking of marionettes, and that’s a great analogy for all of the Bushies who did his bidding for eight years and got our country in this mess.
http://en.wikipedia.org/wiki/Bunraku
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