PelosiCare Breaks America’s Bank
By Wyatt Earp | November 15, 2009
As if we weren’t already on the brink of bankruptcy, thanks in large part to this Democrat-controlled Congress. The numbers have just been released on Nancy Pelosi’s shafting of the American electorate last week, and they aren’t good.
Unless you think cost increases of $289 billion – yes, billion with a “B” – are a good thing.
Well, the results of an actuarial analysis of the Democrats’ government health care takeover bill are finally out — a week after the House rammed the bill through and buried on a Saturday night.
Ho-hum. Nothing to see here except another massive act of generational theft:
The House-approved healthcare overhaul would raise the costs of healthcare by $289 billion over the next 10 years, according to an analysis by the chief actuary at the Centers for Medicare and Medicaid Services (CMS).
…The CMS report is a blow to the White House and House Democrats who have vowed that healthcare reform would curb the growth of healthcare spending. CMS’s analysis is not an apples-to-apples comparison to the cost estimate conducted by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) because CMS did not review tax provisions, which help offset the price tag of the Democrats’ measure. (H/T – Michelle Malkin)
Remember this in 2010, folks. If Pelosi and her fiscal goon squad stays in power, the rest of us will surely stay in crippling debt.
Topics: Politics | 9 Comments »
November 15th, 2009 at 3:55 pm
Obozo and crew plan on bankrupting the US and then introducing Socialism.
Mark my words.
November 15th, 2009 at 4:49 pm
Teetop – Well, the bankruptcy is going swimmingly.
November 15th, 2009 at 6:03 pm
There’s no way she can get re-elected, right????
PLEASE!
November 15th, 2009 at 6:09 pm
Randal – I know. It was wishful thinking on my part.
November 15th, 2009 at 6:19 pm
The worst part about that is that people are actually acting surprised.
That’s taking being obtuse to satirical levels.
The same people are still trying to figure out who’s on first.
November 15th, 2009 at 8:41 pm
The picture of comrade Pelosi looks pre botox, I believe.
Naturally, the madam (interpret as you wish) will spin this differently. I cannot imagine, unfortunately, the socialist/commie element in San Francisco will vote her out. Our only hope is enough Republicans will be elected to make the democrat majority remove the ‘wicked witch of the west’ from the speakership or the Republicans become the majority and the entire madness will end.
November 15th, 2009 at 9:53 pm
The Nit Wits in California will reelect the Botox Queen
November 15th, 2009 at 11:03 pm
The figure I heard from EIB is between $1 and $2 trillion. Gov’t estimates of deficit spending are always lowballed. There is worse news coming. Bet on it.
November 16th, 2009 at 1:01 pm
Even if we boot the idiots out in 2010 & 2012 if this goes through, the newly elected will pay the price for this debacle. Voters have short memories and the dems will blame all this generated debt on the GOP members that were elected. What a hot crock pot mess!