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December 16, 2009
CBO Memo Shows Democrats Have Carefully Hidden More Than Half the Cost of Their Health Care Bills.
Topics: Political News and commentariesA smoking gun, indeed:
This weekend, the Congressional Budget Office released "a very strange memo" titled, "Budgetary Treatment of Proposals to Regulate Medical Loss Ratios." You wouldn't know it from the title, but that little memo is the smoking gun that shows how congressional Democrats have very carefully hidden more than half the cost of their health care bills.Continue reading: Bland CBO Memo, or Smoking Gun?First, a little history. Like both the House and Senate bills, the Clinton health plan would have mandated that individuals and employers purchase private insurance. In its 1994 score of the Clinton plan, Bob Reischauer's CBO included those mandated "private" payments in the federal budget -- i.e., as federal revenues and federal expenditures.
And yet, none of the CBO scores of this year's bills include the costs of similar individual/employer mandates as federal revenues or federal spending.
Remember this promise from Obama?
And now we're learning that the CBO has essentially allowed or colluded with congressional Democrats hidding more than half the cost of their health care bills. Transparency? Not!
Where's the MSM on this?
Related: Reid Health Bill Perpetuates the $1.5 Trillion Fraud
Posted by Richard at December 16, 2009 9:11 AM
Articles Related to Political News and commentaries:
- CBO Memo Shows Democrats Have Carefully Hidden More Than Half the Cost of Their Health Care Bills. - Dec 16, 2009
