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Outrageous news from
Today’s CBO
By Donna Garner –
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The
Congressional Budget Office announced today
that the Senate Finance bill [even though no
bill has yet been officially generated]
would cost $829 Billion over ten years and
would reduce federal deficits by $81
Billion.How could this
be so? Sen. Charles Grassley was
interviewed on the Greta Van Susteren Show,
FoxNews tonight (10.7.09). Greta asked Sen.
Grassley where the Congressional Budget
Office arrived at their figures. He said the
following information represents close
estimates of what the CBO stated:
- $400 Million
would be cut from Medicare. Senior
citizens who pay extra to be in Medicare
Advantage (20% of seniors) would see
their benefits cut $123 Billion; this
would either raise the cost of premiums
or would cut such benefits as wellness
plans.
- $400 Million
would be raised from taxes on various
healthcare products, insurance
companies, etc. The increased taxes on
insurance companies would be passed
right on to the consumers through
increased premiums.
- Families who
refuse to buy the government-approved
healthcare plans would be penalized
$1,500 per family. The IRS would be
charged with collecting these penalties
through people’s income taxes.
- Those people
who pay for high-end insurance plans
would pay 40% more in premiums.
- $155 Million
in cuts to hospitals would be made.
Many rural hospitals that are heavily
dependent on Medicare/Medicaid funding
would be driven out of business.
- 16.6 million
citizens would remain uninsured.============
========= ========= ========= ========= ========= = To: Congressman
Chet EdwardsFrom: Donna GarnerDate: 10.7.09Congressman Edwards,
you have had plenty of time to study HR 3200;
and you should know by now that the voters in
District 17 do not want the healthcare reform
that is being pushed in Congress. We voters
know the issues and have studied them
thoroughly.Congressman Edwards,
if you vote for the bills that are on the table
right now, we voters in District 17 will not
forget when Nov. 2, 2010 rolls around. We will
dedicate ourselves to making sure that you never
represent us in Congress again.Here is a summary of
the healthcare “reform” that is currently
emerging. If you really care about all of the
people who live right here in Central Texas, you
will not vote for these mandates. Yes, health
reform is needed; but these mandates will
destroy instead of improve our healthcare
system:
The bill will
contain new taxes on the middle class.
It will add to the deficit. And it will put
government bureaucrats between Americans and
their doctors, among other things.71 percent of
the individual mandate penalties in Senate
Finance Committee Chairman Max Baucuss
(D-MT) bill would be paid by Americans
earning less than $250,000.
(Emphasis added) A full $2
billion will be paid by taxpayers earning
less than $120,000 for a family of four.
Levies of $215
billion in new taxes will be placed on
employers and health insurers for offering
high-value insurance benefits, which
will surely be passed onto all consumers.
(Emphasis added)
H.R. 3200 will
increase the deficit by an amazing $239
billion over the next decade.
(Emphasis added)
The Baucus bill
pretends to be deficit neutral but its an
accounting gimmick. It pays for itself by
forcing a new $250-300 billion unfunded
mandate on the states. And it doesnt
include nearly $300 billion that will be
spent to adjust physician payments in
Medicare.
[The CBO at 4:22
P. M. today just announced its findings: The
Senate Finance bill would cost $829 Billion
over the next decade. This is not a surprise
estimate by the CBO because the Senate
Finance bill is an accounting gimmick.
Actually the Medicaid burden will fall on
the backs of state governments who cannot
print money to pay their bills. States
will be forced to pass on the costs to
middle-class Moms and Pops who pay taxes.
The worst part about the Senate Finance bill
is that the burden will not be
shared equally by the states. Rhode Island,
Nevada, Oregon, and Michigan will pay
less; Florida, Illinois, and
California will pay more.]CBO testified
before the Senate that, under the Senate
bill, the benefits of seniors under
Medicare Advantage would be cut in half.
(Emphasis added)
88 million
people will lose their current insurance
under government health care.
The bills would
disrupt vision care for more than 100
million Americans.
Several
doctors who are former leaders of the
American Medical Association (AMA) have
stated:
Now the government is saying that
additional Medicare cuts are comingthus
forcing doctors to try and make up the
difference in volume, by seeing more
patients. If you ask patients about this,
they understand that more volume means less
time with the doctor. That’s something that
all patients and doctors should oppose. In
time, it will be difficult to find a
physician.
And heres what
the executive director of the Mayo Clinic
said: We will have to violate our values
in order to stay in business and reduce our
access to government patients.
Senate Baucus’
bill creates an Independent Medicare
Commission with the ability to deny
benefits to the elderly or the disabled
based on a government calculation of the
costs versus the benefits.
Baucus’ bill
will place a tax on medical technology
companies and drug makers that will
raise the cost to American families for
thousands of drugs and devices, including
pacemakers, eyeglasses, hearing aids,
and powered wheelchairs.
(Emphasis added) The Senate bill
will tax small businesses — the
engine of American economic growth and job
creation. These small businesses
cannot afford to purchase health insurance
for their employees. Its hard to see how
the economy recovers when small businesses
are prevented from hiring new workers by a
new government tax.
(Emphasis added) The CBO has
determined that the Senate bill will leave
about 25 million non-elderly Americans
uninsured.(Excerpts taken from
Human Events, “Will President Obama Veto Health
Reform?” by Newt Gingrich — 10.7.09)
From
Michael Dullea: “This poses an interesting
cross roads. Apparently if you don’t sign up for
Medicare you can’t get SS. Assuming Dick Army
and friends’ lawsuit to make that
unconstitutional wins — and that insurance
companies in Canada, Mexico or some island off
our coast will sell us insurance and provide
medical care — it may be smarter to opt out of
the entire Medicare package.“I asked my
agent, what about the items Medicare presently
doesn’t cover, how do I get insured for that
and he said at this time there is no plan. So
clearly there is a business opportunity here and
it will have to be offshore.“As we all
have known SS & Medicare can’t continue. Either
benefits or people will be slashed.”
Donna Garner –
wgarner1@hot.rr.com
Previous articles:
A False
Sense of HopeLook
What Obama and Congress Have Planned for Us
Just How Much Is $1 Trillion Dollars?
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