Thursday, November 19, 2009

183 times

That's the number of times the word "TAX" is written in the 2000+ page bill. I just wanted to emphasise something with this addendum: the benefits, the actual government health insurance option, initiates in 2014. The taxes are collected starting in 09' of course, but think about what that means - the sponsors of this bill have gone out of their way to note that the 10 year (2009-2019) cost for the bill is $824 billion dollars (+ a $126 billion for the Medicaid/Medicare so called "doctor fix", which is the gap between what a doctor charges on the open market versus what the government will pay for a procedure, so the real number is nearly a trillion dollars ). But even with their lower number, the $824 billion, that projection starts the moment the bill passes, in 2009! This means the 824 is, in actuality, the cost projection for 5 YEARS worth of service, given those services start in 2014! In fact the CBO scores the following decade at a cost nearly triple the $824 billion, at over $2 trillion dollars.

That's quite a scam.

No comments: