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Thread: Senate Health Bill Totals $849 Billion, CBO Estimates

  1. #41
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    Re: Senate Health Bill Totals $849 Billion, CBO Estimates

    Dems won the debate starts after thanksgiving. The vote was 60 to 39 they got just enough I guess Lieberman was what they needed.

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    Re: Senate Health Bill Totals $849 Billion, CBO Estimates

    Posted this in another thread....It should've gone here-

    Looks like that "$130 billion surplus" this bill is suppose to generate has been wiped out-


    Republicans assail US health care bill, Democrats set first vote in Senate Saturday night

    Thu Nov 19, 9:56 PM
    By David Espo, The Associated Press

    --------------

    Given the political stakes, there was disagreement even about the bill's cost.


    Democrats put the price tag at $979 billion, higher than the $849 billion figure they had cited Wednesday as the cost of expanding coverage to 31 million who now lack insurance. Republicans calculated it at more like $1.5 trillion over a decade, and said even that was understated because Reid decided to delay implementation of some of the bill's main features until 2014.

    ----------
    "The problem in defense is how far you can go without destroying from within what you are trying to defend from without."

    ~Dwight D. Eisenhower

  3. #43
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    Re: Senate Health Bill Totals $849 Billion, CBO Estimates

    Quote Originally Posted by misterman View Post
    CBO is usually pretty accurate. More than other leading government forecasters.

    This will interest you. CBO assessing it's past accuracy:
    The Budget and Economic Outlook: Fiscal Years 2003-2012
    Did you read the bottom?
    If those averages were applied to CBO's current baseline, the actual surplus or deficit could be expected to differ in one direction or the other from CBO's projections by about $50 billion in 2002, $130 billion in 2003, and over $350 billion in 2007.

    Furthermore, did you check the date on that? Seriously. OLD DATA.

    Fine. That applies to yours too.
    I know projections beyond a few years are voodoo.

    Look at the CBO's projections for Clinton. Not worth the paper it was printed on.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  4. #44
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    Re: Senate Health Bill Totals $849 Billion, CBO Estimates

    Quote Originally Posted by obvious Child View Post
    Did you read the bottom?
    If those averages were applied to CBO's current baseline, the actual surplus or deficit could be expected to differ in one direction or the other from CBO's projections by about $50 billion in 2002, $130 billion in 2003, and over $350 billion in 2007.

    Furthermore, did you check the date on that? Seriously. OLD DATA.
    I didn't care enough to find better.

    I know projections beyond a few years are voodoo.
    I don't dispute that.

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