Category Archives: Cost BS

VIDEO DEPICTION OF O’S SPENDING FREEZE

In his SOTU speech, the President claimed that Obamacare would reduce the deficit. No one paid any attention to that BS, of course, but our ears perked up when he pledged to freeze government spending for three years starting in 2011:
Spending related to our national security, Medicare, Medicaid, and Social Security will not be affected. […]

VIDEO: AHHNOLD UNLOADS ON OBAMACARE

As has been widely reported, Arnold Schwarzenegger announced during his “State of the State” address that he was withdrawing his support for Obamacare.
Why? Because, like a many of the nation’s governors, he has figured that Obamacare is going to “save money” by shifting federal health care costs to the states (except Nebraska).
On Meet the Press, he had some choice words […]

GRANNY GETS CARPET-BOMBED BY CONGRESS

Last March I wrote a piece for the American Thinker about the Democrat plan to gut Medicare Advantage, a market-based program very popular with poor and minority seniors. And it is still part of the congressional “reform” agenda to herd 10 million seniors off their MA plans and back to the more expensive and less comprehensive coverage of traditional […]

DUMBEST REFORM POST OF THE WEEK (III)

Ezra Klein, always a fierce contender for this prize, takes the trophy in a walk with this utterly clueless post. Klein’s basic point is that health care costs will continue to rise unless the government imposes price controls (via the public plan or some other means of coercion) on physicians and other health providers. But he begins with a chart that makes […]

WHY NO ONE BUYS THE “DEFICIT NEUTRAL” BS

Jeff Goldsmith points out that virtually no one believed President Obama when he promised to enact health care “reform” without adding to the federal budget deficit:
A mid-November Quinnipiac poll found that only 19% of Americans and 35% of his own political party believe health reform will not add to the deficit.
He then goes on to explain […]

ACTUAL OBAMACARE PRICE TAG: $6 TRILLION

Michael Cannon at Cato has estimated the real cost of Democrat health care “reform,” ignoring budgetary gimmicks,  and it will produce serious sticker shock:
When we correct for both gimmicks, counting both on- and off-budget costs over the first 10 years of implementation, the total cost of ObamaCare reaches — I’m so sorry about this — $6.25 trillion.  That’s not a […]

WHY PELOSI WAS IN A RUSH ON “REFORM”

Answer: the government agency that must administer whatever health care boondoggle the Democrats finally settle on was about to release its cost estimates. Pelosi and her accomplices wanted to get the fraud bill passed before the public saw the real cost.
And its not hard to see why they were worried. Turns out this huge tax increase reform bill […]

REALLY WANNA CONTROL HEALTH CARE COSTS?

Arnold Kling says the answer is health care vouchers. He and several other experts, some of whom don’t seem to know much about economics (health care or otherwise), provide their ideas to the NYT. Kling explains his as follows:
The key to containing health care costs is to reduce spending on medical procedures that have high costs and low benefits. […]

PELOSI “REFORM” BILL: TAX OR TREAT?

Americans for Tax Reform has put together a table showing how many times the Pelosi health “reform” bill uses the T word:

Nancy’s like the creepy lady down the street on whose door you won’t let your kids knock because who knows what she’s put in the treats.
[HT John Goodman]

OBAMACARE’S PACEMAKER TAX

A largely overlooked outrage in the Baucus health care ”reform” bill, the Senate’s version of Obamacare, is a tax on medical devices. Which devices? Dick Morris explains: 
This tax includes such frivolous luxuries as pacemakers, stents, artificial heart valves, defibrillators, automated wheelchairs, mechanized artificial limbs, replacement hips and knees, surgical gurneys, laparoscopic equipment and the like.
This new tax will, of course, […]