Obamacare: When The Mirrors Crack and the Smoke Blows Away
Recent News
February 25, 2010 (Secondhand Smoke)
It is stunning to me that President Obama would yet again try to push the popularly rejected Obamacare plan through Congress. Apparently, his new proposal is more of the same, leaning more toward the Senate version than the House, e.g. no public option.
The tax on "Cadillac" health insurance is put off to 2018, after Obama leaves office! What a joke. Moreover, the proposal is so non specific that the CBO can’t even score the costs! From the story:
"The nonpartisan Congressional Budget Office (CBO) said Monday that it cannot score President Barack Obama’s health reform proposal because it lacks enough detail.
"The White House claims that the president’s proposal will reduce the budget deficit by $100 billion over the next 10 years and by about $1 trillion over the second decade by eliminating waste, fraud and abuse and cutting 'government overspending.' But the CBO said it is not able to verify those claims."
