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Old 06-15-2009, 11:29 PM   #1 (permalink)
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Obama Battles Cynicism Over Health Care

Obama Battles Cynicism Over Health Care Reform, Says Plan Will Be 'Fully Paid For' Though President Obama has outlined nearly $950 billion in savings and revenue to offset the cost of a program tagged at about $1 trillion over the next decade, some say they fear the actual price tag could be much higher and question whether Obama's estimates of a coming windfall in government savings are accurate.

"I think they bear little resemblance to reality," Michael Tanner, senior fellow at the Cato Institute, said of Obama's proposals. "This is the budget that makes George Bush look like a CPA."

Obama Battles Cynicism Over Health Care Reform, Says Plan Will Be 'Fully Paid For' - Political News - FOXNews.com
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Old 06-15-2009, 11:33 PM   #2 (permalink)
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Let's see; the federal government is going to take $1 trillion from health care companies? And how many people will lose their jobs because of this? And how many companies will go out of business because of this? And what will become of this 'savings'? Returned to we, the people? I mean, if it's savings...

Cynicism? Obama is a breeder reactor for the stuff.
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Old 06-16-2009, 12:11 AM   #3 (permalink)
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Quote:
Originally Posted by chernmax View Post
Though President Obama has outlined nearly $950 billion in savings and revenue to offset the cost of a program tagged at about $1 trillion over the next decade...
Let's just assume that these numbers were 100% accurate and actually happened. Even with these numbers this plan has a net deficit of $50B. And no government program ever got the revenue they expected nor the cost was ever what they predicted.
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