From the AP: Report: Health overhaul will increase nation's tab
WASHINGTON – President Barack Obama's health care overhaul law will increase the nation's health care tab instead of bringing costs down, government economic forecasters concluded Thursday in a sobering assessment of the sweeping legislation.
A report by economic experts at the Health and Human Services Department said the health care remake will achieve Obama's aim of expanding health insurance — adding 34 million Americans to the coverage rolls.
But the analysis also found that the law falls short of the president's twin goal of controlling runaway costs, raising projected spending by about 1 percent over 10 years. That increase could get bigger, however, since the report also warned that Medicare cuts in the law may be unrealistic and unsustainable, forcing lawmakers to roll them back. read the rest
10 comments:
Gee, imagine that? Who would have guessed? Shocking! LOL
I'm thinking that "Thursday" this was concluded was sometime last April? More like "a year ago Thursday," right?
"That increase could get bigger, however, since the report also warned that Medicare cuts in the law may be unrealistic and unsustainable, forcing lawmakers to roll them back."
YA THINK??
Gosh, we never saw THIS coming, did we? However, on the bright side, it certainly will make November all the more interesting as challengers to the Dem seats will undoubtedly use this to fuel the fire that these scumbags need to be ousted NOW.
OK, it's probably too early to get fired up but your post did it! LOL!
Tara - I know!
Fuzzy - You would be correct...
RightKlik - what the hell does a bunch of bitter clingers know about anything? Silly us! I hate these people. Truly! It is severely interfering with my quest for devoutness.
Mary Rose - we must keep praying. I fear something awful coming down the pike...
To quote Pfc. Gomer Pyle, "Surprise, surprise!"
well DUH!
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