- Joined
- Mar 21, 2005
- Messages
- 25,893
- Reaction score
- 12,484
- Location
- New York, NY
- Gender
- Male
- Political Leaning
- Slightly Conservative
Prof actually raises several very good points:
(All via: Checking the Math on Health Care - Opinionator Blog - NYTimes.com )
First Thoughts on the CBO Score - Business - The Atlantic
Gimme Gimmicks: Getting Giddy Over the CBO's Latest Health Care Score - Hit & Run : Reason Magazine
Five Reasons The CBO Figures Are Phony
(All via: Checking the Math on Health Care - Opinionator Blog - NYTimes.com )
First Thoughts on the CBO Score - Business - The Atlantic
A disturbingly high percentage of the revenues still come from insurance premiums for other programs. About $53 billion of the net deficit reduction is from Social Security taxes collected on the wages people will now be getting in lieu of health care benefits. But since those contributions raise the amount Social Security will eventually have to pay out, the Republicans convincingly argue that this is not true "deficit reduction"; it's just deficit shifting. Ditto the premiums for the new long-term care insurance.
Gimme Gimmicks: Getting Giddy Over the CBO's Latest Health Care Score - Hit & Run : Reason Magazine
The score for the Senate bill includes $72 billion in revenues generated by the CLASS act, a federally-backed disability insurance program. But that $72 billion is just premium revenue that will eventually have to be used to pay out benefits. The score counts that revenue anyway, despite the fact that, according to the CBO, it would probably add to the deficit in the long term.
Five Reasons The CBO Figures Are Phony
The reconciliation bill will end student loan subsidies to lenders. The C.B.O. says this will save $19.4 billion over the first decade, accounting for virtually all of the $19.8 billion in deficit reduction from the health care reconciliation bill.