CBO Pronounces ObaCare DOA

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	CBO Pronounces ObaCare DOA

merrie

7-25-2009 9:45 PM

115 views

tags:

blue dogs, cbo director douglas elmendorf, congressional budget office, democrats, henry waxman, peter orszag, reform, steny hoyer

merrie says:

But on Saturday, the Congressional Budget Office said the proposal to give an independent panel the power to keep Medicare spending in check would only save about $2 billion over 10 years- a drop in the bucket compared to the bill's $1 trillion price tag.

July 25, 2009
CBO Deals New Blow to Health Plan

For the second time this month, congressional budget analysts have dealt a blow to the Democrat's health reform efforts, this time by saying a plan touted by the White House as crucial to paying for the bill would actually save almost no money over 10 years.

Read more: http://www.politico.com/news/stories/0709/25415.html#ixzz0MKFjA9Sd

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color:#e5e5e5;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9cfd5981-9317-4d75-9f19-8fcc7f5606ba/835C7548-BC91-46FB-908A-0D257BD4C854/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.riehlworldview.com/carnivorous_conservative/2009/07/cbo-pronounces-obacare-doa.html" href="http://www.riehlworldview.com/carnivorous_conservative/2009/07/cbo-pronounces-obacare-doa.html" style="font-size: 11px;">www.riehlworldview.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.riehlworldview.com/carnivorous_conservative/2009/07/cbo-pronounces-obacare-doa.html"><P dir="ltr">Well, <A target="_blank" href="http://legalinsurrection.blogspot.com/2009/07/thank-god-cbo-works-on-saturdays.html">ain't this a revoltin' development?</A> Obama lied, and people will die! Along with the economy, of course. Obama's policies killed that one quicker than a sperm cell shrivels up and dies at an N.O.W. rally. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.riehlworldview.com/carnivorous_conservative/2009/07/cbo-pronounces-obacare-doa.html"><P><SPAN>For the second time this month, congressional budget analysts have dealt a blow to the Democrat's health reform efforts, this time by saying a plan touted by <SPAN class="IL_LINK_STYLE">the White House</SPAN><SPAN> as crucial to paying for the bill would actually save almost no money over <SPAN class="IL_LINK_STYLE">10 years</SPAN>. </SPAN></SPAN></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.riehlworldview.com/carnivorous_conservative/2009/07/cbo-pronounces-obacare-doa.html"><P><SPAN><SPAN>A key House chairman and moderate House Democrats on Tuesday agreed to a White House-backed proposal that would give an outside panel the power to make cuts to government-financed <SPAN class="IL_LINK_STYLE">health care programs</SPAN>. White House budget director Peter Orszag declared the plan "probably the most important piece that can be added" to the House's </SPAN><SPAN class="IL_LINK_STYLE">health care reform</SPAN> legislation. </SPAN></P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/835C7548-BC91-46FB-908A-0D257BD4C854/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>