Not surprising that whenever the bureaucratic fools in Washington try to get involved in something, the costs will inevitably go up, not down. The latest sham of a proposal by House Democrats is not sitting well with the non-partisan Congressional Budget Office, aka, the guys who know how to operate a calculator unlike congress.
Fox News reports:
The director of the Congressional Budget Office issued a warning to Democrats Thursday that their health care proposals would raise costs, not lower them.
One day after a Senate panel approved its version of the health care reform plan, the first committee to do so, CBO Director Doug Elmendorf gave a dose of bad medicine to a separate committee.
Asked by Senate Finance Committee Chairman Kent Conrad, D-N.D., whether costs would be lowered — also known as “bending the curve” — Elmendorf responded: “The curve is being raised.”
Subsidies to help uninsured people would raise federal health care spending, which is already growing at an unsustainable rate, Elmendorf explained at the hearing. The Medicare and Medicaid cuts that lawmakers have offered to pay for the coverage expansion aren’t big enough to offset the cost trend, particularly in the long term, he said.
House Republican Leader John Boehner seized on the comments, calling on Democrats to scrap their plans in light of the assessment.
Senate Republican Leader Mitch McConnell called it a “wake up call” for Democrats.
“The director of the Congressional Budget Office confirmed today what we have been saying for weeks — the health care spending plan that some are trying to rush through Congress would actually make things worse,” McConnell said.
CBO’s numbers come at an inopportune time for Democratic leaders who are trying push through and merge several different health care reform plans in the coming weeks, on orders from President Obama.
Liberals have screamed for years about “making health care affordable,” yet this plan will do exactly the opposite of that.
Government subsidizing failure doesn’t equate to lowering costs, it simply exacerbates the worst of the worst and lowers everyone’s quality of care while simultaneously raising the cost. Only the Socialistcrats in Washington could produce such abysmal legislation and then expect people to roll over and not examine the details.
The bottom line here is that the CBO is already predicting, based on doing the math, that the House Democrat proposal for government-run health care will inevitably be bankrupt and cost billions, maybe trillions more than originally outline. It will be Medicare but infinitely worse as it attempts to circumvent the system and cover everyone.
How proud the House Democrats must be to have introduced a proposal which is already projected to bankrupt within a few short years. That means they cut benefits, which they will, or they increase your taxes, which they also will.
We need to fight no so this isn’t the United States health care system in 2015:
It’s unreal to me that the Democrat proposal in the House is even being considered as something serious. It’s a socialist joke and I’m glad Republicans are growing somewhat of a backbone in calling it out for what it is.