Thread: CBO: Health care bill to cost $829 billion

CBO: Health care bill to cost $829 billion



Budget experts say proposal would cover 94 percent of Americans







WASHINGTON - Health care legislation drafted by a key Senate committee would expand coverage to 94 percent of all eligible Americans at a 10-year cost of $829 billion, congressional budget experts said Wednesday, a preliminary estimate likely to power the measure past a major hurdle within days.



The Congressional Budget Office added that the measure would reduce federal deficits by $81 billion over a decade and probably lead to "continued reductions in federal budget deficits" in the years beyond.







http://www.msnbc.msn.com/id/33214558/ns/politics-health_care_reform//



Read the entire article then respond. Thanks.

[quote name='justoneman' date='07 October 2009 - 08:37 PM' timestamp='1254965839' post='34178']

Here is a link to the actual poll. In it is a link as to how the survey was contucted. The survey is not a proper one. There is no control of who is polled. They randomly called a little over a thousand people and they did not ask them their political affiliation. Because of this the survey cannot be adjusted to make sure it is a reflective sampling of the US population politically.



Its bogus.



http://documents.nyt...rt-for-war#p=16

[/quote]





That's how all polls are conducted. lol



Anyway, did you read the article or just click the shiny red thing?

What are the eligibility requirements?



And add another 200B



One noted that the estimate does not include the costs of proposed payment increases for doctors serving Medicare patients, roughly $200 billion through 2019.





The legislation also would ban current insurance industry practices that deny coverage on the basis of pre-existing medical conditions, and restrict companies' ability to charge vastly higher premiums on the basis of age, gender or other factors.



^I don't like that. A person of higher risk should pay a higher premium.



Can't get to the rest of the article. The site just froze on my computer. I'll check back later.

[quote name='Gypsy' date='07 October 2009 - 07:52 PM' timestamp='1254963172' post='34156']

CBO: Health care bill to cost $829 billion



Budget experts say proposal would cover 94 percent of Americans







WASHINGTON - Health care legislation drafted by a key Senate committee would expand coverage to 94 percent of all eligible Americans at a 10-year cost of $829 billion, congressional budget experts said Wednesday, a preliminary estimate likely to power the measure past a major hurdle within days.



The Congressional Budget Office added that the measure would reduce federal deficits by $81 billion over a decade and probably lead to "continued reductions in federal budget deficits" in the years beyond.







http://www.msnbc.msn...h_care_reform//



Read the entire article then respond. Thanks.





[/quote]



And, of course, there is no mention of how this bill is going to be paid for? No mention of the phantom savings from a stripped down version of Medicare. So how do they reduce the deficit by 81B while spending 829B. In my view, all I see is smoke and mirrors.

[quote name='nomadrider' date='07 October 2009 - 09:08 PM' timestamp='1254967732' post='34197']

And, of course, there is no mention of how this bill is going to be paid for? No mention of the phantom savings from a stripped down version of Medicare. So how do they reduce the deficit by 81B while spending 829B. In my view, all I see is smoke and mirrors.

[/quote]





Then find out the details.

[quote name='Gypsy' date='07 October 2009 - 09:14 PM' timestamp='1254968095' post='34200']

Then find out the details.

[/quote]



Hey, you asked for my opinion. I see big numbers flying around, but there are no details, it's a conceptual bill. Msnbc didn't say how it's going to be paid for. So, I ask you, how's it going to be paid for?

[quote name='justoneman' date='07 October 2009 - 10:21 PM' timestamp='1254972085' post='34208']

No it is not. To be a scientific poll it would require that they ask demographic questions of the individuals so that the research can be weighted properly.

[/quote]



Did it say it was a scientific poll? I don't give any poll credence after the 2004 election. Scientific, people on the street or the one's here.



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Hey, you asked for my opinion. I see big numbers flying around, but there are no details, it's a conceptual bill. Msnbc didn't say how it's going to be paid for. So, I ask you, how's it going to be paid for?

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I don't work for MSNBC or the CBO. You read what I read. If I want answers I research it. So can you.