Thursday, October 15, 2009

"Deficit-neutral" health care reform now **OFFICIALLY** a lie

Congressional Democrats are trying to buy off the physicians lobby by shelling out a quarter-trillion dollars to make up for scheduled cuts in Medicare. That $250 billion isn't in the health care reform budget, though. Hence, any bill that comes out adds $250 billion to the deficit before it does anything else. Excellent.

Bob Laszewski sums it up quite well:
How many times have you heard the President say that any health care bill must be "deficit neutral?" How many times have you heard conservative and moderate Democrats say they won't vote for a health bill that isn't paid for?

What are the Democrats about to try?

Peeling out one of the biggest components of health care and quickly spending $245 billion to bolster physician fees over the next ten years, doing it separate from the "deficit neutral" health bill, and just adding the $245 billion cost of this to the deficit!
We always knew that Obama's claims about any bill he signs being deficit-neutral -- that is, not adding a penny to the deficit -- were lies. Now it's pretty much official.

No comments: