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Old 03-18-2010, 09:30 AM  
petegz28 petegz28 is offline
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CBO Report in on health care bill...

Health Bill to Cost $940 Billion, Reduce Deficit, Democrats Say

March 18 (Bloomberg) -- Legislation to overhaul the U.S. health-care system will cost $940 billion over 10 years and reduce the federal budget deficit, meeting a target set by Democrats, party leaders said.

The House is “on track” to vote on the bill on March 21, House Majority Leader Steny Hoyer told reporters today. With new taxes, industry fees and savings in the Medicare program, the bill will reduce the deficit by $130 billion in the first decade and $1.2 trillion in the next, said another House leader, Representative Chris Van Hollen.

Democratic leaders had been waiting on cost estimates from the Congressional Budget Office before moving forward and unveiling legislative language. They want to put the language up on the Internet and give Americans 72 hours to read it before voting on the bill, which all Republicans oppose.

The analysis comes a day after President Barack Obama scored a lobbying victory by getting a Democratic lawmaker to agree to switch his vote and back the legislation. Ohio Representative Dennis Kucinich told reporters yesterday that a visit Obama made to his Cleveland-area district March 15 “underscored the urgency of this moment.”

“I have to make a decision, not on the bill as I would like to see it, but as it is,” Kucinich said.

Vote Counts

House Speaker Nancy Pelosi said on March 16 that she expected to be able to count votes better once she had the CBO cost estimate and legislative language.

Kucinich’s support is influencing others, Representative Rob Andrews of New Jersey said yesterday after meeting with fellow Democrats. He cited “a sea change where people are trying to find a way to vote yes and explain their vote.”

Obama also has been working on Washington Representative Brian Baird, meeting with him for 30 minutes in the Oval Office on March 16. Baird like Kucinich complained that the House and Senate bills aren’t ambitious enough. He said he would replace the Medicare and Medicaid programs for the elderly and the poor with vouchers to purchase care.

“We had a long discussion about the pros and cons of the legislation, what the alternatives are,” Baird said of the meeting. He said Republican “hypocrisy” and “extremism” during the debate would figure into whether he switches his previous “no” vote.

“Part of my calculus as well is the manner in which these people have conducted themselves,” Baird said.

Reconciliation Route

The House plans to approve a 10-year, $875 billion bill passed by the Senate and clear a set of changes to that measure through the budget-reconciliation process. The changes are needed because House Democrats object to parts of the Senate bill. The Senate would then pass the reconciliation bill.

Undecided Democrats are raising concerns on everything from the treatment of illegal immigrants to Medicare payments in the Senate bill.

The House bill passed 220-215 in November. Since then, Democrats lost four “yes” votes because of vacancies and a switch by the only Republican who supported the bill. Another group of Democrats led by Michigan Representative Bart Stupak also threatened to defect over restrictions on abortion funding that they say aren’t strong enough.

All told, 37 sitting Democrats voted “no” on the original House measure. Another 40 supported the bill while also voting “yes” on abortion language put forth by Stupak at the time, suggesting their votes might waver.

‘Leaning’ in Favor

One of those lawmakers, Minnesota Representative James Oberstar, said he’s “leaning” toward voting “yes,” though “there are a couple of items to be worked out.” Others, including Ohio Democrat Marcy Kaptur, aren’t so sure.

Abortion is “one of the factors” in determining her vote, Kaptur said on March 16. She said she wants to preserve existing law that bans federal dollars from being used for abortions and she is “not convinced” the new bill does that. She has said she’s also worried about insurance costs.

“What’s going to happen to somebody who owns a deli back where I live?” Kaptur said. “Are they going to be able to get an affordable plan or will their employees be able to afford a plan?”

Democrats seek the biggest health-care changes in four decades. Americans would be required to get insurance, with subsidies and purchasing exchanges to help. Insurers such as Minnetonka, Minnesota-based UnitedHealth Group Inc. would get millions of new policyholders and be required to accept all customers.

‘Decision Time’

Representative Luis Gutierrez, an Illinois Democrat and a member of the Congressional Hispanic Caucus, said he objects to the failure of the Senate legislation to cover immigrants. He said he’s undecided on the measure, yet values his conversations with the White House on policies such as housing that affect undocumented immigrants.

“We have a lot of self-interest in Barack Obama being successful,” he said.

Representative Ron Kind, a Wisconsin Democrat, said he’s waiting to see whether Democratic leaders compromised adequately on language establishing an independent commission to establish Medicare reimbursement rates to caregivers.

“It’s getting down to decision time now,” he said.

http://www.bloomberg.com/apps/news?p...P5bH44.c&pos=8
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Old 03-18-2010, 09:32 AM   #2
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I think the funny part of this is the fuzzy math being foisted on us. The deficit would reduce by $940b over the first 10 years? Yea, it should. Cause you are going to tax the people for 10 years and only provide 6 years of services for that 10 years.

I am sure the Left is ok with that.
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Old 03-18-2010, 09:32 AM   #3
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Obama also has been working on Washington Representative Brian Baird, meeting with him for 30 minutes in the Oval Office on March 16. Baird like Kucinich complained that the House and Senate bills aren’t ambitious enough. He said he would replace the Medicare and Medicaid programs for the elderly and the poor with vouchers to purchase care.

“We had a long discussion about the pros and cons of the legislation, what the alternatives are,” Baird said of the meeting. He said Republican “hypocrisy” and “extremism” during the debate would figure into whether he switches his previous “no” vote.

“Part of my calculus as well is the manner in which these people have conducted themselves,” Baird said.
I haven't heard of this guy before, but I like the cut of his jib.
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Old 03-18-2010, 09:33 AM   #4
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Originally Posted by petegz28 View Post
I think the funny part of this is the fuzzy math being foisted on us. The deficit would reduce by $940b over the first 10 years? Yea, it should. Cause you are going to tax the people for 10 years and only provide 6 years of services for that 10 years.

I am sure the Left is ok with that.
Why don't you explain for us how you came up with that?
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Old 03-18-2010, 09:35 AM   #5
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Quote:
Originally Posted by banyon View Post
Why don't you explain for us how you came up with that?
They will start taxing and mandating in 2011 but the "benefits" of the bill will not be enacted until 2014.


Don't worry your little head, Mr. Banyon. By the time the bill is posted for all to see this you will have received your talking points on how to defend it.
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Old 03-18-2010, 09:36 AM   #6
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Originally Posted by banyon View Post
I haven't heard of this guy before, but I like the cut of his jib.
Yea, voting out of spite is such a logical choice.
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Old 03-18-2010, 09:39 AM   #7
banyon banyon is offline
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Originally Posted by petegz28 View Post
They will start taxing and mandating in 2011 but the "benefits" of the bill will not be enacted until 2014.


Don't worry your little head, Mr. Banyon. By the time the bill is posted for all to see this you will have received your talking points on how to defend it.
Yeah, that. Like it isn't a "talking point" that you've attempted here.
I think you should know that I don't frequent Dem websites or anything, so I'm not really an avid user of "talking points".

But where did you arrive at the bolded conclusion?
From the president's interview and speech the last couple of days and the details I have read, many of the benefits do in fact begin in 2011, don't they?
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Old 03-18-2010, 09:45 AM   #8
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Originally Posted by banyon View Post
Yeah, that. Like it isn't a "talking point" that you've attempted here.
I think you should know that I don't frequent Dem websites or anything, so I'm not really an avid user of "talking points".

But where did you arrive at the bolded conclusion?
From the president's interview and speech the last couple of days and the details I have read, many of the benefits do in fact begin in 2011, don't they?
Name them, please?
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Old 03-18-2010, 09:50 AM   #9
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FUzzy math, is that when Obama says health insurance premiums will be reduced by 3000%...or is fuzzy math when you count the medicare cuts twice ?

Better read the fine print of this bill
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Old 03-18-2010, 09:55 AM   #10
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Originally Posted by petegz28 View Post
Name them, please?
The big expansion of coverage would not come until 2014, when new health insurance marketplaces open for business.

In the meantime, the legislation calls for a series of new consumer benefits. Insurers could not deny coverage to children because of an pre-existing health problem, nor could they place lifetime dollar caps on the amount of coverage.

A new high-risk health insurance pool would provide coverage to uninsured people who can't get private coverage because of health problems.



Full article below.
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Old 03-18-2010, 09:57 AM   #11
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Quote:
Originally Posted by petegz28 View Post
Name them, please?
I asked you first, but I'm in the habit of backing up my claims so here:

Quote:
_IMMEDIATE CHANGES

Uninsured people with medical problems will have a workable alternative. The bill pumps $5 billion into high-risk insurance pools run by the states to provide coverage to those in frail health. Taxpayer-backed insurance won't be free, but premiums should be much lower than what's charged by private insurers willing to take those in poor health.

For people with private health insurance — about two-thirds of Americans — there would be some new safeguards. For example, insurers would be barred from placing lifetime dollar limits on coverage and from canceling policies except in cases of fraud. Children could stay on their parents' coverage until age 26.
http://www.google.com/hostednews/ap/...a9CYQD9EF9Q6O0
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Old 03-18-2010, 09:57 AM   #12
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Dems on track for vote on $940B overhaul
Majority Leader Steny Hoyer says House will likely vote on Sunday

March 18

WASHINGTON - House Democrats are on track for a Sunday vote on sweeping health care legislation that will expand coverage to millions of uninsured while also reducing the federal deficit, leaders said Thursday.

The bill delivers on President Barack Obama's top domestic priority by providing coverage to more than 30 million people now uninsured at a 10-year cost of $940 billion. It does so through a combination of tax credits for middle class households and an expansion of the Medicaid program for low income people.

The Number 2 Democrat in the House said the health care package would also reduce the federal deficit by more than $100 billion over its first 10 years — and more than $1 trillion in the second decade.

"I think the momentum is growing for this bill," said Majority Leader Steny Hoyer, D-Md. "The more and more people have looked at this bill...a greater number of people are becoming more comfortable."

The big expansion of coverage would not come until 2014, when new health insurance marketplaces open for business.

In the meantime, the legislation calls for a series of new consumer benefits. Insurers could not deny coverage to children because of an pre-existing health problem, nor could they place lifetime dollar caps on the amount of coverage.

A new high-risk health insurance pool would provide coverage to uninsured people who can't get private coverage because of health problems.

Once the legislation is fully phased in, most Americans would be required to carry coverage — and insurers would be forbidden from turning down people with health problems, or from charging them more.

Democrats are following a complicated two-track legislative strategy for passing the bill. First, the House will have to approve a Senate bill that many of its Democratic members object to. Then both chambers will quickly pass a package of fixes agreed to in negotiations with the White House.

Since the House will vote first, Hoyer said lawmakers are seeking assurances from their Senate counterparts that they have enough votes to pass the follow-up measure as well.

http://www.msnbc.msn.com/id/35928063...th_care_reform
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Old 03-18-2010, 10:00 AM   #13
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Originally Posted by orange View Post
Dems on track for vote on $940B overhaul
Majority Leader Steny Hoyer says House will likely vote on Sunday

March 18

WASHINGTON - House Democrats are on track for a Sunday vote on sweeping health care legislation that will expand coverage to millions of uninsured while also reducing the federal deficit, leaders said Thursday.

The bill delivers on President Barack Obama's top domestic priority by providing coverage to more than 30 million people now uninsured at a 10-year cost of $940 billion. It does so through a combination of tax credits for middle class households and an expansion of the Medicaid program for low income people.

The Number 2 Democrat in the House said the health care package would also reduce the federal deficit by more than $100 billion over its first 10 years — and more than $1 trillion in the second decade.

"I think the momentum is growing for this bill," said Majority Leader Steny Hoyer, D-Md. "The more and more people have looked at this bill...a greater number of people are becoming more comfortable."

The big expansion of coverage would not come until 2014, when new health insurance marketplaces open for business.

In the meantime, the legislation calls for a series of new consumer benefits. Insurers could not deny coverage to children because of an pre-existing health problem, nor could they place lifetime dollar caps on the amount of coverage.

A new high-risk health insurance pool would provide coverage to uninsured people who can't get private coverage because of health problems.

Once the legislation is fully phased in, most Americans would be required to carry coverage — and insurers would be forbidden from turning down people with health problems, or from charging them more.

Democrats are following a complicated two-track legislative strategy for passing the bill. First, the House will have to approve a Senate bill that many of its Democratic members object to. Then both chambers will quickly pass a package of fixes agreed to in negotiations with the White House.

Since the House will vote first, Hoyer said lawmakers are seeking assurances from their Senate counterparts that they have enough votes to pass the follow-up measure as well.

http://www.msnbc.msn.com/id/35928063...th_care_reform
Stephen Lynch calls health care vote plan ‘disingenuous’

http://www.bostonherald.com/business...icleid=1240545
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Old 03-18-2010, 10:06 AM   #14
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Stephen Lynch calls health care vote plan ‘disingenuous’

http://www.bostonherald.com/business...icleid=1240545
And this matters why?

He ain't my representative.
He gets one vote, just like everyone else.
He's a vote against - wow, the "againsts" are against the Bill. Amazing.
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Old 03-18-2010, 10:06 AM   #15
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Also, I'm assuming you did not want to mention this estimate of the CBO:

Quote:
CBO expects that the legislation, if enacted, would reduce federal budget deficits over the decade after 2019 relative to those projected under current law—with a total effect during that decade that is in a broad range between one-quarter percent and one-half percent of GDP. That judgment is unchanged from CBO’s previous assessment, and the imprecision of that calculation reflects the even greater degree of uncertainty that attends to it, compared with CBO’s 10-year budget estimates.5
http://www.cbo.gov/ftpdocs/113xx/doc...590.pdf#page=5
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