Do you think the health care bill will pass?

I don't see how you can't. Where is the money coming from to pay for the 40 mil uninsured?

 

http://www.kff.org/healthreform/sidebyside.cfm

Senate Bill

CBO estimates the cost of the coverage components of the Patient Protection and Affordable Care Act to be $871 billion over ten years.

These costs are financed through a combination of savings from Medicare and Medicaid and new taxes and fees. The net savings from Medicare and Medicaid are estimated to be $438 billion over ten years and the primary sources of these savings include reductions in updates in Medicare payment rates for hospitals, home health agencies and other providers (other than physicians), reductions in payments to Medicare Advantage plans, reductions attributable to recommendations issued by a new Independent Payment Advisory Board, and increases in Medicare Parts B and D premiums for higher income Medicare beneficiaries, changing the Medicaid drug rebate provisions, and cutting Medicaid and Medicare DSH payments. (See descriptions of cost savings provisions in Cost containment.)

The largest source of new revenue will come from an excise tax on high-cost insurance, which CBO estimates will raise $149 billion over ten years. Additional revenue provisions include fees on certain manufacturers and insurers, an increase in hospital insurance contributions for high high-income taxpayers, and other provisions that will generate $264 billion over the same time period. (See Tax changes related to health insurance.)

CBO estimates the proposal will reduce the deficit by $132 billion over ten years.

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Actually, the new, up-to-date CBO report came out this morning and it's projected to reduce the deficit by $1.3 trillion over the next 20 years.

 

How do you pay for the millions of uninsured folks?

EDIT: Boom beat me to it.

 

http://www.kff.org/healthreform/sidebyside.cfm

Senate Bill

CBO estimates the cost of the coverage components of the Patient Protection and Affordable Care Act to be $871 billion over ten years.

These costs are financed through a combination of savings from Medicare and Medicaid and new taxes and fees. The net savings from Medicare and Medicaid are estimated to be $438 billion over ten years and the primary sources of these savings include reductions in updates in Medicare payment rates for hospitals, home health agencies and other providers (other than physicians), reductions in payments to Medicare Advantage plans, reductions attributable to recommendations issued by a new Independent Payment Advisory Board, and increases in Medicare Parts B and D premiums for higher income Medicare beneficiaries, changing the Medicaid drug rebate provisions, and cutting Medicaid and Medicare DSH payments. (See descriptions of cost savings provisions in Cost containment.)

The largest source of new revenue will come from an excise tax on high-cost insurance, which CBO estimates will raise $149 billion over ten years. Additional revenue provisions include fees on certain manufacturers and insurers, an increase in hospital insurance contributions for high high-income taxpayers, and other provisions that will generate $264 billion over the same time period. (See Tax changes related to health insurance.)

CBO estimates the proposal will reduce the deficit by $132 billion over ten years.

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Actually, the new, up-to-date CBO report came out this morning and it's projected to reduce the deficit by $1.3 trillion over the next 20 years.

 

1. Yeah, those CBO estimates are always accurate.

2. Who the fuck do you think is going to bear the cost of those fees and increases? Uh, that'd be us.

 

1. You asked. I provided the plan. The CBO is what both Democrats and Republicans use to project costs on major policy. Is it perfect? No. But, currently, it's the best system in place. It could be more, it could be less.

2. Profanity is the language of the ignorant.

 

It's an insult to pitch this as a savings. The money has to come from somewhere to insure 40 million more people that allegedly can't afford insurance now. I understand there will be subsides but where does that money come from?

When those 40 mil get insurance how many will be apt to get medical procedures done that they would not have otherwise?

 

http://www.kff.org/healthreform/sidebyside.cfm

Senate Bill

CBO estimates the cost of the coverage components of the Patient Protection and Affordable Care Act to be $871 billion over ten years.

These costs are financed through a combination of savings from Medicare and Medicaid and new taxes and fees. The net savings from Medicare and Medicaid are estimated to be $438 billion over ten years and the primary sources of these savings include reductions in updates in Medicare payment rates for hospitals, home health agencies and other providers (other than physicians), reductions in payments to Medicare Advantage plans, reductions attributable to recommendations issued by a new Independent Payment Advisory Board, and increases in Medicare Parts B and D premiums for higher income Medicare beneficiaries, changing the Medicaid drug rebate provisions, and cutting Medicaid and Medicare DSH payments. (See descriptions of cost savings provisions in Cost containment.)

The largest source of new revenue will come from an excise tax on high-cost insurance, which CBO estimates will raise $149 billion over ten years. Additional revenue provisions include fees on certain manufacturers and insurers, an increase in hospital insurance contributions for high high-income taxpayers, and other provisions that will generate $264 billion over the same time period. (See Tax changes related to health insurance.)

CBO estimates the proposal will reduce the deficit by $132 billion over ten years.

---------------------------------------------------------------------------------------------------------


Actually, the new, up-to-date CBO report came out this morning and it's projected to reduce the deficit by $1.3 trillion over the next 20 years.

 

Very familiar with plan as you might recall that I introduced you to that link. It does not add up.

 

Yes.

Maybe . . . maybe not.

 

It didn't work, as a second severe recession in the late 30's clearly indicated.

But it made people feel better, and bought time.

WWII was the bailout.

 

Why not?