What’s a few hundred billion among friends?
November 2, 2009
Nancy Pelosi has told us over and over that her health care monstrosity would cost of $894 billion over a decade for coverage. We knew that was horseshit. Now others are detecting the reek wafting off her claim.
The health care bill headed for a vote in the House this week costs $1.2 trillion or more over a decade, according to numerous Democratic officials and figures contained in an analysis by congressional budget experts, far higher than the $900 billion cited by President Barack Obama as a price tag for his reform plan.
While the Congressional Budget Office has put the cost of expanding coverage in the legislation at roughly $1 trillion, Democrats added billions more on higher spending for public health, a reinsurance program to hold down retiree health costs, payments for preventive services and more.
Many of the additions are designed to improve benefits or ease access to coverage in government programs. The officials who provided overall cost estimates did so on condition of anonymity, saying they were not authorized to discuss them.
Of course the $1.2 trillion figure is happy horseshit too. For that miracle to occur, Congress will have to follow through and cut Medicare as planned. That is never going to happen. Furthermore, that figure ignores the shell game with the states the plan calls for. There is no doubt it will cost far more than $1.2 trillion. They know that. They are simply lying to you. No surprise there. They do it all the time.
Notamobster :
Date: November 3, 2009
You can bet your bottom dollar on one certainty insofar as the givermint is involved: It will cost, at a bare minimum, 4 times whatever they told you it would in the beginning!
Jim 22 :
Date: November 3, 2009
Four Trillion. Four Thousand Billion. Four million million. Any way you say it there’s no way to get your head around a number that big.
Best way I have heard yet had to do with the 800 billion stimulus: ‘If you put a million dollars in a box, and did so every day, 365 days a year, and had started on the day Jesus was born, you would still not have as many dollars as are in the stimulus.