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Boom–Health Care Financing Reform Hit 17 July, 2009

Posted by stoptaxing in Uncategorized.

The AFL-CIO came to my door Thursday asking my wife and I to sign a petition to get Senator Carper to back the Health Care Reform Bill. They are paying an army of people $11 an hour to canvas the neighborhoods and show support. I must say the young man was well informed, but not well enough to address my concerns or answer my questions about cost vs. lack of coverage in the Senate bill or lack of financing in the other bill. The fact that the AFL-CIO needs to spend money in Delaware to pressure a Democrat Senator means something is amiss in Obamaworld. The President endorsed issue ads targeting Democrats not just in red states but blue ones.

The Washington Post today gives a summary of the problems. Notice words like devastaing assessment. Would make budget problems worse not better.

Congress’s chief budget analyst delivered a devastating assessment yesterday of the health-care proposals drafted by congressional Democrats, fueling an insurrection among fiscal conservatives in the House and pushing negotiators in the Senate to redouble efforts to draw up a new plan that more effectively restrains federal spending.

Under questioning by members of the Senate Budget Committee, Douglas Elmendorf, director of the nonpartisan Congressional Budget Office, said bills crafted by House leaders and the Senate health committee do not propose “the sort of fundamental changes” necessary to rein in the skyrocketing cost of government health programs, particularly Medicare. On the contrary, Elmendorf said, the measures would pile on an expensive new program to cover the uninsured.

Though President Obama and Democratic leaders have repeatedly pledged to alter the soaring trajectory — or cost curve — of federal health spending, the proposals so far would not meet that goal, Elmendorf said, noting, “The curve is being raised.” His remarks suggested that rather than averting a looming fiscal crisis, the measures could make the nation’s bleak budget outlook even worse.

I am an original source material guy. I encourage you to read the testimony first hand. We all know that we have to address problems in the healthcare financing system, but we don’t have to do them out of emotional and political timing considerations. Healthcare reform should not be sold like snake oil. Buy it now or never. It is better to get it right or stop and figure out how to do it right. It could be your life in the balance.



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