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Thread: House Retains Public Option In Compromise, But Delays Vote Until September

  1. #11
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    Re: House Retains Public Option In Compromise, But Delays Vote Until September

    Quote Originally Posted by The Prof View Post
    cbo/elmendorf does not agree with your assertion of revenue neutrality, either

    and whatever 4/7 of the dogs signed on to today has yet to be scored

    100 bil of savings is not gonna balance, i'm afraid

    100 bil is pennies compared to what's needed

    and don't forget, friend, that much of the "revenues" pelosi/obama are counting on comes from CUTS TO MEDICARE AND MEDICAID

    that's a big part of what so pissed off elmendorf when he testified on thursday the 16th before baucus' GATEWAY cmte (senate finance) under questioning from kent conrad

    the same day cbo/elmendorf testified in the GATEWAY that the COST CURVE does NOT reverse its trajectory but instead steepens up SIGNIFICANTLY
    As I stated in my post by the time it gets to the floor it will be revenue neutral. The first CBO scoring was not the same as the second, and the second CBO scoring (which showed a $239billion increase in the deficit over 10 yrs) is not even current anymore. There have been at least 3 add'l provisions added, which the CBO has also scored.

    The revenues that they are counting are tax increases, as was campaigned on, the rest of the way to pay for it is cost savings, and I'm good with that being cuts to Med/Med. You don't get cost savings unless you cut.

    As a side note, Obama has already said he will not sign a bill that is not deficit neutral, so there will not be in increase in the deficit from the final product.

  2. #12
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    Re: House Retains Public Option In Compromise, But Delays Vote Until September

    Quote Originally Posted by jackalope View Post
    As I stated in my post by the time it gets to the floor it will be revenue neutral. The first CBO scoring was not the same as the second, and the second CBO scoring (which showed a $239billion increase in the deficit over 10 yrs) is not even current anymore. There have been at least 3 add'l provisions added, which the CBO has also scored.

    The revenues that they are counting are tax increases, as was campaigned on, the rest of the way to pay for it is cost savings, and I'm good with that being cuts to Med/Med. You don't get cost savings unless you cut.

    As a side note, Obama has already said he will not sign a bill that is not deficit neutral, so there will not be in increase in the deficit from the final product.
    thank you, jackalope, very fair and reasonable you are

    many WILL be bothered by shavings, not savings, from medicare and medicaid, sacred cows my entire long life

    many seniors will be offended, i fear

    cbo/elmendorf, too, who expressed objections before baucus' senate finance on thursday, the 16th

    and when the world finds out that millions of illegals are included...

    in other words, much easier said than done

    good luck, friend

    cliff

  3. #13
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    Re: House Retains Public Option In Compromise, But Delays Vote Until September

    Quote Originally Posted by jackalope View Post

    As a side note, Obama has already said he will not sign a bill that is not deficit neutral, so there will not be in increase in the deficit from the final product.
    And we all know how well Obama keeps his promises...

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