In partnership with CBSSports.com
Online Now 1249
Online now 1144 Record: 10351 (3/11/2012)
The largest and most active MSU Spartans board on the web
The place to ask questions to SpartanTailgate's recruiting experts
"The Duff" is dedicated to Michigan State football recruiting discussion
"The Bres" is dedicated to Michigan State basketball recruiting discussion
This is your pulpit to preach to the masses about everything from politics to religion
The place to buy, trade or sell Michigan State tickets
For fantasy football and other fantasy sports discussion
You have no favorite boards.
The most viewed topics.
The most replied to topics.
The most up-voted topics.
The most down-voted topics.
The most up-voted posters.
The most down-voted posters.
The most followed posters.
Amazing how many people now think irresponsibility and unaccountability is normal and acceptable.
Andrew Stiles writes on NRO: Obamacare will increase the long-term federal deficit by $6.2 trillion, according to a Government Accountability Office (GAO) report released today.Senator Jeff Sessions (R., Ala.), who requested the report, revealed the findings this morning at a Senate Budget Committee hearing. The report, he said, “confirms everything critics and Republicans were saying about . . .
This post was edited by Greenrocks 14 months ago
What!!! Obama promised this would reduce the deficit and my premiums would drop by $2500 a year. None of that happened I am shocked!
Only one thing to do, impeach Obama!
Give Trapper a chance. He will show us that those numbers are wrong and how Obamacare is going to save us money. I'm going to get some popcorn and wait.
Its quite simple really. Trapper will challenge the 75 year projection as too far out to be accurate. Everything is fine becuase, just like Social Security, he will be dead long before the bill comes due on these entitltment programs. It will be a simple matter of the younger generation paying more to get less in return - not his problem.
Very similar to Obama. Once the bill comes due to the states and the government, it won't be his problem, he will be living in Hawaii. So goes the legacy
You are right...6.2 Trillion over 75 years...hmmm...6.2 divided by 75...less than 83 Billion per year or about 8.3% of the yearly spend on war...or as noted in the linked article about 0.7% of GDP...
With as you wisely noted, a 75 year project which only claim to fame is we know that's not right...made up numbers for right wing wacko outrage...have fun with it...
This post has been edited 2 times, most recently by TrapperGus 14 months ago
Lurking on tRCMB since 1996
I bet someone actually went the the GAO report and found what it says because this is just too funny...
So what the report says is that if the Act's cost savings features are eliminated then the costs will go up to just about what they would have been without the Act...
How stupid is that? Of course they would. So if the act is maintained as it was passed costs will be reduced...
Fat, drunk and stupid is no way to go through life, guys...
Here is the original report BTW - always better to get your information from the source...
This post has been edited 4 times, most recently by TrapperGus 14 months ago
So the same guy who voted for Bush2/Cheney twice has his shorts in a knot about deficits.
Maybe you can do your part by weaning your extended family off the Federal teat by sending them monthly checks to replace their Social Security and picking up their medical costs. Hope no one gets really sick.
But didnt those extended family members involuntarily pay for those "benefits" their entire working lives? I would agree with you if they had the option to opt out. I would opt out now if I could quit paying in. They could keep everything they already confiscated too. Libs wont let it happen be ause most of them cannot take care of themselves and are dependent on someone to make their decisions for them. The definition of sheeple.
But you said that Obamacare was enacted to save the government money. It doesn't and it won't. Especially as the population continues to age.......just like social security
Actually, the report states that the Center for Medicare and Medicaid Services Office of the Actuary questions the sustainability and implementation of the cost savings assumptions including increases in health care productivity and the impact of the aging population and increased eligibility. Federal expenditures on healthcare will outpace the economy.
Not only that, the GAO says that the Federal Budget is on an unsustainable fiscal path.
You are right, it is better to get the information from the source.
So we have a infight going on between what are the likelyhood of execution, at a deeper level if we deep dived into it we would find minor changes in the assuptions driving these diagreements...
However there are some abatment of Health Care cost increases which were not taken into account and how much of that is due to ObamaCare I don't know but some of it could be...
What the report did was assume none of the cost control measures work which of course puts the costs back where they would have been anyway...
Meaning that the number you are talking about is just adding ths costs for ObamaCare with none of the savings...which is a data point without any validity in reality
Of course a 75 year projection is silly in both cases.
Covered this in the other post...so claiming that it will not save money if all of the parts that save the money are taken out of a projection proves exacly what?
If we remove all the braking systems from a car can you stop it in 150 feet when traveling 70 mph...same thing.
The falling fertility rate in this country and the new eligibility of folks who will increase demand for healthcare, plus the dumping of state and municipal employees into the exhanges is enough to convince me this isn't going to save the government any money.
Its typical of liberals to think they can legislate/control human behavior which creates these false assumptions about government programs saving money. . Perverse incentives regarding the tax penalty for forgoing insurance as compared to the cost of insurance is a prime example. So are the assumptions about companies paying for healthcare when they too can save money by dumping them into the exchanges. The dumping has already started.
Nobody is even talking yet about the long-term unfunded mandates to the cash strapped states for Medicaid expansion.
This bill is a fiasco and will need to be overhauled after Obama's second term. I find it amazing that you buy the line of crap hook, line and sinker that this bill actually saves anybody (government or individuals) any money....at all. It was a power grab...pure and simple.
The report, as I understand it, doesn't assume none of the control measures work, the GAO report challanges the long-term assumptions about cost improvements. Not that they are eliminated entirely.
By the way, you may be right about the 75 year projection, it could be a lot worse a lot sooner. You also forgot to mention that the GAO says that the government is on an unsustainable fiscal path.
The government's track record regarding fiscal responsbility is self apparent. Why should I, or anybody else, accept that they run/enact legislation/programs that save the government money? The next time will be the first time.
Well you are off the reservation arn't you.
The main point of ObamaCare is to provide insurance to everyone possible...given that there was no way that insurance companies would go along with a single payer system, which is the second best system but acceptable to many, what we got is the best that could be done.
There is fearmongering going on all over the right wing echo chamber about what employers are going to do...okay, so what...once they do it perhaps we revisit the system and do some adjustments. Perhaps we add the public option...you sound like anyone who is frightened of the future and who wants assurance that everything will be okay...all right...everything will be okay...
As to what all that has to do with the report cited...nothing at all...just like your post...
The one thing that is clear is that you can't be helped with your delusion. In a way, I feel sorry for you.
I do agree with you about the public option. More than likely the DEMS in 2018 will be screaming for a public option as the only way to fix the mess that Obamacare creates. More than likely, it was the ultimate endgame anyway.
Which delusion do you refer to?
The public option is not the end game...a national health care system, aka England, would be the best, second best is single payer...public option is just the next step, but very unlikely due to private insurance companies...
Does this mean my premiums will finally go down by $ 2500 a year? Cause I am still not seeing that.
1 - Down from what basis point?
Please give your mom her phone back.
"No one cares what you know, until they know how much you care." Mark Dantonio
Poor Donna Brazile. She just can't figure out why her premiums went up. She's a big fan of BarryCare, too.
247Sports In partnership with CBS Sports