Wednesday, October 14, 2009
The Senate reform fraud
The Senate reform fraud:
THE Senate Finance Committee yesterday voted on a fraud: Sen. Max Baucus' 're sponsible' health-reform bill is actually a recipe for fiscal disaster -- and the Congressional Budget Office report that supposedly bolstered the bill actually exposes it.
As others have noted, Baucus used all manner of budgetary gimmicks to oblige the CBO to give him the headlines he needed -- a supposed pricetag of 'just' $829 billion over 10 years, with enough other spending cuts and tax hikes to avoid adding to the federal deficit. But the CBO exposed the truth by taking the rare step of calculating what the bill would cost in its second 10 years."
THE Senate Finance Committee yesterday voted on a fraud: Sen. Max Baucus' 're sponsible' health-reform bill is actually a recipe for fiscal disaster -- and the Congressional Budget Office report that supposedly bolstered the bill actually exposes it.
As others have noted, Baucus used all manner of budgetary gimmicks to oblige the CBO to give him the headlines he needed -- a supposed pricetag of 'just' $829 billion over 10 years, with enough other spending cuts and tax hikes to avoid adding to the federal deficit. But the CBO exposed the truth by taking the rare step of calculating what the bill would cost in its second 10 years."
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