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7-26-2009 10:13 AM
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dl211 says:
On his White House blog, Orszag – who served as CBO director in 2007 and 2008 – downplayed the office's small probable savings number in favor of the proposal's more speculative long-term benefits.

"The point of the proposal, however, was never to generate savings over the next decade. ... Instead, the goal is to provide a mechanism for improving quality of care for beneficiaries and reducing costs over the long term," Orszag wrote. "In other words, in the terminology of our belt-and-suspenders approach to a fiscally responsible health reform, the IMAC is a game changer not a scoreable offset."

But scoreable offsets are the immediate savings that fiscally conservative Blue Dogs and other Democratic moderates have been pushing for precisely because they will help offset the bill's cost.

Read more: http://www.politico.com/news/stories/0709/25415.html#ixzz0MNI5cCXd
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7-26-2009 10:14 AM
dl211
"The President said that rising health care costs are an imminent threat to our economy and that any reform must reduce these long-term costs. But CBO has made clear once again that the Democrats' bills in Congress aren't reducing costs and in fact could just make the problem worse," said Senate Republican Leader Mitch McConnell.

Saturday's CBO analysis caps a tough week of blown deadlines, partisan bickering and fierce intra-party fighting among Democrats. On Friday, the tension between the Blue Dogs and Waxman exploded when Waxman threatened to bypass his committee and bring the reform bill straight to the House floor without a vote. The move infuriated Blue Dogs who have used their cruci...
7-26-2009 10:14 AM
dl211
Earth to Obama - greetings!
7-26-2009 10:16 AM
dl211
House Republican Leader John Boehner's office said that it's time to hit the legislation's reset button.

"This letter underscores the enormous challenges that Democrats face trying to pay for their massive and costly government takeover of health care. In their rush to pass a bill, Democrats continue to ignore the stark economic reality facing our nation," said Boehner spokeswoman Antonia Ferrier. "Let's scrap the current proposal and come together in a meaningful way to reform health care in America by reducing cost, expanding access and at a price tag we can afford."


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