Friday, April 23, 2010

Who Could Have Possibly Known? (Saracsm Off)

Healthcare "reform" will be more expensive - and less reform - than Obama said:

"Senate Democrats released details Wednesday of a five-year budget plan that promises to narrow the deficit dramatically by 2015 but still accumulates almost $3.9 trillion more government debt over the same period.

Trying to survive the political storm around them, Democrats would postpone the toughest decisions until after November's elections, when a presidential fiscal commission is scheduled to make its report to Congress. But there is no escaping the political bind that grips the party, exhausted from the debate over health care reform and under political pressure to extend Bush-era tax cuts.

Health care ate up most of the available Medicare savings and popular tax offsets that might otherwise be tapped to narrow the deficit. And as a result, it's harder to dig out of the deficit hole, and little progress will be made in the short term absent a further surge in the economy."

And there's this:

President 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. It also warned that Medicare cuts may be unrealistic and unsustainable, driving about 15% of hospitals into the red and "possibly jeopardizing access" to care for seniors.

The mixed verdict for Obama's signature issue is the first comprehensive look by neutral experts."

Hmmm: was it all lies?

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