Peter Blane

CBO on Health Care

Posted in Finances,government by wusspett on September 25, 2009

As any of you reading this probably know, I am against the current form of health care legislation (H.R. 3200).  I feel that I have expressed myself enough on the “health care issues”, so you’re going to get some links.  Your assignment, should you choose to become smart, is to go read these articles and decide if the current form of H.R. 3200 is a good idea.   I laughed when I read the CBO’s release concerning this bill.

CBO and the staff of the Joint Committee on Taxation (JCT) worked together to produce a preliminary analysis of H.R. 3200, the America’s Affordable Health Choices Act of 2009, as introduced by the House Tri-Committee Group on July 14. These latest figures released on July 17 do not represent a complete cost estimate for the legislation. In particular, the estimated impact of the provisions related to health insurance coverage is based on specifications provided by the committee staff, rather than on a detailed analysis of the legislative language. In addition, the figures do not include certain costs that the government would incur to administer the proposed changes and the impact of the bill’s provisions on other federal programs, and they do not reflect any modifications or amendments made after the bill was introduced. Nevertheless, this analysis reflects the major net budgetary effects of H.R. 3200 and builds upon CBO’s July 14 preliminary analysis of the major provisions related to health insurance coverage that are contained in the bill.

*mockingly* HAHAHAHA!  OK, here’s some more info:

Basically, this bill is getting shot down. OK, can we think this through now? geeeeeees!


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