Page 2 of 4 FirstFirst 1234 LastLast
Results 11 to 20 of 37

Thread: CBO deals another blow to House health plan

  1. #11
    Sage
    Renae's Avatar
    Join Date
    Aug 2007
    Location
    San Antonio Texas
    Last Seen
    10-23-17 @ 10:14 PM
    Gender
    Lean
    Undisclosed
    Posts
    38,972
    Blog Entries
    15

    Re: CBO deals another blow to House health plan

    Quote Originally Posted by Kandahar View Post
    OK, let's get some perspective on this. It will increase the budget deficit by $239 billion over the course of 10 years. That's $24 billion per year...which is slightly more than we spend on NASA and slightly less than we spend on the Department of Agriculture.

    Pocket change.
    Yeah, cause as we all know, government entitlement plans always stay within budget.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



  2. #12
    Sage
    Join Date
    Jan 2009
    Last Seen
    08-27-09 @ 08:41 PM
    Lean
    Undisclosed
    Posts
    6,344

    Re: CBO deals another blow to House health plan

    Quote Originally Posted by Kandahar View Post
    OK, let's get some perspective on this. It will increase the budget deficit by $239 billion over the course of 10 years. That's $24 billion per year...which is slightly more than we spend on NASA and slightly less than we spend on the Department of Agriculture.

    Pocket change.
    Let's get some more perspective on this.

    Debt to the Penny (Daily History Search Application)

    Total Public Debt Outstanding: 11,598,417,943,168.15

    Increasing the budget deficit by $239 billion means adding $239 Billion to the Federal Debt.

    Increasing the budget deficit moves the Total Public Debt Outstanding from $11,598,417,943,168.15 to $11,837,417,943,168.15.

    Increasing the budget deficit by $239 Billion means spending $239 Billion that we do not have.

    In a time when Dear Leader tells Americans to make hard choices and not live beyond their means, shouldn't government do the same?

  3. #13
    Enemy Combatant
    Kandahar's Avatar
    Join Date
    Jul 2005
    Location
    Washington, DC
    Last Seen
    10-15-13 @ 08:47 PM
    Gender
    Lean
    Liberal
    Posts
    20,688

    Re: CBO deals another blow to House health plan

    Quote Originally Posted by MrVicchio View Post
    Yeah, cause as we all know, government entitlement plans always stay within budget.
    OK, well let's assume that it's actually TWICE as much as they're estimating. That would make it $48 billion per year...about what we spend on the Department of Housing and Urban Development.

    Not bad for a complete overhaul of our health care system. Not bad at all.
    Are you coming to bed?
    I can't. This is important.
    What?
    Someone is WRONG on the internet! -XKCD

  4. #14
    Enemy Combatant
    Kandahar's Avatar
    Join Date
    Jul 2005
    Location
    Washington, DC
    Last Seen
    10-15-13 @ 08:47 PM
    Gender
    Lean
    Liberal
    Posts
    20,688

    Re: CBO deals another blow to House health plan

    Quote Originally Posted by celticlord View Post
    Increasing the budget deficit by $239 billion means adding $239 Billion to the Federal Debt.

    Increasing the budget deficit moves the Total Public Debt Outstanding from $11,598,417,943,168.15 to $11,837,417,943,168.15.
    And what economic apocalypse do you imagine will result from having a debt of $11.84 trillion instead of $11.60 trillion?
    Are you coming to bed?
    I can't. This is important.
    What?
    Someone is WRONG on the internet! -XKCD

  5. #15
    Sage
    Join Date
    Jan 2009
    Last Seen
    08-27-09 @ 08:41 PM
    Lean
    Undisclosed
    Posts
    6,344

    Re: CBO deals another blow to House health plan

    Quote Originally Posted by Kandahar View Post
    And what economic apocalypse do you imagine will result from having a debt of $11.84 trillion instead of $11.60 trillion?
    Depends on whether a creditor can be found to loan the extra $239 Billion. If there is no creditor, then the US goes bankrupt.

    That's the thing about bankruptcy--it's driven not by the first debts you incur, but the last.

    Thus the way to avoid bankruptcy is to not only keep debts small, but also short lived.

    Evasions and equivocations aside, that $239 Billion price tag is debt--and there are no guarantees that the US Treasury will be able to sell enough bonds to cover that debt.

  6. #16
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: CBO deals another blow to House health plan

    Quote Originally Posted by Kandahar View Post
    OK, let's get some perspective on this. It will increase the budget deficit by $239 billion over the course of 10 years. That's $24 billion per year...which is slightly more than we spend on NASA and slightly less than we spend on the Department of Agriculture.

    Pocket change.
    Yea I've heard this from a lot of quality posters like yourself.
    The problem is I've heard it about 100 different programs and all those "pocket change" programs add up.

    How many times can you use the excuse "it's only x% of our budget" before you think we have spent too much?
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  7. #17
    User
    Join Date
    Jun 2009
    Location
    Houghton, Michigan
    Last Seen
    11-07-09 @ 12:12 AM
    Gender
    Lean
    Libertarian
    Posts
    98

    Re: CBO deals another blow to House health plan

    Quote Originally Posted by Kandahar View Post
    OK, let's get some perspective on this. It will increase the budget deficit by $239 billion over the course of 10 years. That's $24 billion per year...which is slightly more than we spend on NASA and slightly less than we spend on the Department of Agriculture.

    Pocket change.
    That's the attitude that gives us continual deficits and keeps digging our country into debt.

  8. #18
    Guru
    Councilman's Avatar
    Join Date
    Apr 2009
    Location
    Riverside, County, CA.
    Last Seen
    11-04-11 @ 10:16 PM
    Gender
    Lean
    Conservative
    Posts
    4,454
    Blog Entries
    10

    Re: CBO deals another blow to House health plan

    Anything and everything that can be done should be done to derail over the top economy destroying plan before Obama and his blind followers force it through passage and we all live to regret it those who live through it. Obama is using fear tactics and propaganda to pressure the Nation further into his Socialist agenda. I have no clue what Obama's final goals are only what I see are a few of the steps he's taking to gey use to where ever that is. He has already forced through his Cap an Trade bill that I would bit no one in Congress has yet to read and never will because it's too long with hidden agendas tucked neatly deep inside. We will know the inner workings when they begin to haunt us. The same exact tactic is bein used in this Careless Health Plan the includes forces euthanasia and most likely eugenics hidden somewhere in it.
    Both of these completely wacko anti American Socialist/reactionary and in the case of Cap and Trade HOAX driven plans they lead the Nation down the road to economic ruin and possibly a leftist Dictatorship if Obamas backing of the legally outed president of Honduras is any indication. I believe these things are all related and need to be stopped os at least slowed to allow reasonable time for exploration into the long term effects and possible hidden agenda behind B. Hussein Obama's rushing down the road to economic oblivion.
    I fear this is only the beginning of his raign of terror on the Nation.

    "All that is required for evil to prevail is for good men to do nothing." Edmund Burke
    "You can always count on Americans to do the right thing—after they’ve tried everything else".
    Sir Winston Churchill

  9. #19
    Sage

    Join Date
    Oct 2006
    Last Seen
    04-23-17 @ 05:59 PM
    Gender
    Lean
    Centrist
    Posts
    15,429
    Blog Entries
    2

    Re: CBO deals another blow to House health plan

    I wonder if the CBO analysis is going to take into account the likelyhood that this bill will also end up bankrupting the insurance industry and the cost in jobs and unemployment benefits that the government will have to pay out on top of its own costs.

    But I am sure its pocket change compared to the rest of our deficit, so **** it. Who cares, right?
    "Loyalty only matters when there's a hundred reasons not to be-" Gen. Mattis

  10. #20
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    Today @ 09:15 AM
    Gender
    Lean
    Conservative
    Posts
    76,271

    Re: CBO deals another blow to House health plan

    So what? So what???? It will be ignored. Liberals have a mission from their god, its righteousness is beyond the comprehension of mere mortals. It must be accomplished.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

Page 2 of 4 FirstFirst 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •