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7-15-2009 6:13 PM
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merrie says:
One Democratic aide said the bill would add up to $1.5 trillion over the next decade. But the CBO estimate showed that even if the price tag holds to $1 trillion, more than 80 percent of the costs will hit in the last five years. This indicates that after 2019, taxpayers could be hit with a rising tidal wave of health care expenses resulting from the shift in health care coverage from the private to public sector.

Amid those staggering estimates, advocates and foes of such a plan are facing off in a pitched battle on Capitol Hill, coinciding with the tame-by-comparison drama of Sonia Sotomayor's Supreme Court confirmation hearing.

"This bill has massive spending and massive tax increases to try to cover the spending in the bill," Rep. Dave Camp, R-Mich., said at a press conference with other congressional Republicans Tuesday, complaining about a provision in the House bill to tax the wealthy. "Half of that will be hit on small businesses."

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7-15-2009 6:16 PM
merrie
In a fundraising appeal titled “Hillarycare revisited,” the Republican National Committee warned about “Obamacare” and said the government “already runs car companies, banks and mortgage companies. Republicans believe that the last thing the American people want is government telling them when and where — or even whether — they can get medical treatment for their families.”

On the other side of the aisle, Democrats — though hardly in lockstep over how to achieve reform — are escalating their call for action against a tightening timetable.

Obama, who warned Congress not to delay upon returning from his latest overseas trip, gave another pep talk to Congress on health care reform Wednesday a...
7-15-2009 6:17 PM
merrie
CBO Predicts Cost Explosion in House Version

In the ads, private citizens describe problems they’ve had with the medical system and say it’s time for action. The sponsor is Organizing for America, Obama’s campaign organization, which has become part of the national Democratic Party. The group would not reveal the cost.

All involved were mindful of the dwindling days before Congress leaves town. Obama wants legislation through the House and Senate before then to slow rising costs and extend coverage to some 50 million uninsured Americans.

Under the House Democrats’ plan, the federal government would be responsible for ensuring that every person, regardless of income or the state of ...
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