Corrupt Government
See other Corrupt Government Articles
Title: Obama concedes health care law won't control costs
Source:
WE.com
URL Source: http://campaign2012.washingtonexami ... th-care-law-wont-control-costs
Published: Aug 18, 2011
Author: Philip Klein
Post Date: 2011-08-18 16:30:51 by CZ82
Keywords: None
Views: 8335
Comments: 19
Obama concedes health care law won't control costs by Philip Klein With a little noted remark at an appearance in Cannon Falls, Minn., on Monday, President Obama tacitly acknowledged that his signature legislative achievement won't meet its stated goal. During a rant against Republican intransigence, Obama said that he could tackle the deficit tomorrow if his opponents would agree to raise taxes and "were willing to take on some of the long-term costs that we have on health care." Sound familiar? Back in February 2009, days after signing an economic stimulus package then valued at $787 billion, Obama convened a Fiscal Responsibility Summit at the White House. At the time, the event was advertised as Obama's "pivot" to tackling the nation's debt burden, but it was really the opening pitch for imposing national health care on America. "Health care reform is entitlement reform," said Peter Orszag, then Obama's budget director. "The path to fiscal responsibility must run directly through health care." Obama amplified this message in his own remarks, calling rising health care costs "the single, most pressing fiscal challenge we face, by far." He added that in the 2008 election, Americans had rejected the "casual dishonesty of hiding irresponsible spending with clever accounting tricks." It's undeniable that health care inflation -- which helps drive the ballooning cost of Medicare and Medicaid -- is the most significant fiscal challenge we face. The problem is, the health care plan that Obama rammed through Congress ended up making our problems worse, as it relied on the very type of accounting tricks he decried. To make the legislation appear cheaper over the standard 10-year budget window, Obama and his Democratic allies delayed the major spending provisions until 2014. To be able to claim modest deficit reduction, they turned to other gimmicks. For instance, a new long-term care program, the Class Act, will collect years of premiums before paying out benefits -- thus producing an $86 billion surplus on paper over the next decade, even though it will actually create deficits over time. The Centers for Medicare and Medicaid Services estimated that, all told, the law would actually increase America's spending on health care as a share of the economy by more than if we simply had done nothing to address the problem. Beyond this, there were opportunity costs involved in Obama's approach. The law raised taxes and made cuts to Medicare, but instead of using the money for deficit reduction, it was plowed into a new entitlement. The health care law will spend nearly $1.4 trillion in its first eight years of full implementation alone (2014 to 2021), according to the Congressional Budget Office. The president now says that the chief barrier to tackling the debt is that Republicans in Congress won't agree to a "balanced approach" of tax increases and spending cuts. But when his party controlled Congress, with a filibuster-proof majority in the Senate, Obama didn't push for the kind of deficit-reduction plan he now claims to support. Instead, he squandered 13 months of his presidency pushing the health care legislation. "I am not the first president to take up this cause, but I am determined to be the last," Obama vowed in his September 2009 health care speech before a joint session of Congress. That Obama is now talking about the need "take on" long-term health care costs, even after passing his law, is an admission of what many of us already knew: Obamacare was never about reducing health care spending. In reality, the stated cost-cutting goals were part of a failed attempt to sell national health care -- a longtime liberal dream -- to a broader audience.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: war (#0)
Did you read this old buddy?
I haven't seen him in about a week.....
When asked by a Liberal what I bought my Granddaughter for her 1st birthday I replied, "MORE AMMUNITION"!!!! -----------------------------"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf."
When I go on vacation...I go on vacation.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Yes...the title isn't supported by the article...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Obama said that he could tackle the deficit tomorrow if his opponents would agree to raise taxes and "were willing to take on some of the long-term costs that we have on health care." He said it would lower the deficit.
Did you have a fun vacation?
"When I go on vacation...I go on vacation." "Did you have a fun vacation?" If you call rehab a vacation, I'll bet he had a blast...&;-)
Yes...very much...very hard not to with my family. Thanks for asking.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
This is the title of the article: "Obama concedes health care law won't control costs..." Where is the quote in the article where he so "concedes"?
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Why would I call rehab a vacation? I'm not you or from Kentucky.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
When he says that he needs them to control health care costs. That is a concession. The guy is an asshole. He would never admit to being wrong about anything.
He has never stopped saying that.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
That was Bush.
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
He said his healtcare mandate would help balance the budget. It was a lie and his words about it prove the article.
Bush too. But to a much smaller extent. Obama has an inferiority complex. He knows he is stupid and has fooled a lot of people. I saw Obamas inferiority complex and his fear when Perry mentioned treason. Obama looked really frightened. Like he might face a Saddam hanging.
Oh, I thought he was appalled that a governor could be that stupid.
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
Obama has committed treason on numerous fronts. Go back and look at the video. Obama was afraid of what might happen to him if we get an American president.
Like him or loath him, Obama is an American president. Obama could not be guilty of treason against the United States unless he is a citizen of the United States.
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
Chuckles...his head just exploded...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
#2. To: A K A Stone (#1)
Did you read this old buddy?
#3. To: CZ82 (#2)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#4. To: A K A Stone (#1)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#5. To: war (#4)
Yes...the title isn't supported by the article...
#6. To: war (#3)
When I go on vacation...I go on vacation.
#7. To: A K A Stone, war (#6)
#8. To: A K A Stone (#6)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#9. To: A K A Stone (#5)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#10. To: Murron (#7)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#11. To: war (#9)
#12. To: A K A Stone (#11)
When he says that he needs them to control health care costs. That is a concession.
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#13. To: A K A Stone (#11)
The guy is an asshole. He would never admit to being wrong about anything.
#14. To: war (#12)
He has never stopped saying that.
#15. To: lucysmom (#13)
#16. To: A K A Stone (#15)
I saw Obamas inferiority complex and his fear when Perry mentioned treason.
#17. To: lucysmom (#16)
Oh, I thought he was appalled that a governor could be that stupid.
#18. To: A K A Stone (#17)
(Edited)
Obama was afraid of what might happen to him if we get an American president.
#19. To: lucysmom (#18)
(Edited)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
Top • Page Up • Full Thread • Page Down • Bottom/Latest
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]