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Thursday, January 6, 2011

More reasons we need this health care reform we got

Not only do we need what health care reform we got, bad as our system is--and by bad I mean absurdly, unnecessarily expensive--but now we find out from the Congressional Budget Office that if the Republicans were to repeal it, it would cost the country at least $230 billion dollars.  From their report (note:  HR2 is the Republican's bill to repeal the Health Care Reform Act of 2010):

"Consequently, over the 2012-2021 period, the effect of H.R. 2 on federal deficits as a result of changes in direct spending and revenues is likely to be an increase in the vicinity of $230 billion, plus or minus the effects of technical and economic changes to CBO's and JCT's projections for that period..."

"Correspondingly, CBO estimates that enacting H.R. 2 would increase federal deficits in the decade after 2019 by an amount that is in a broad range around one-half percent of GDP, plus or minus the effects of technical and economic changes that CBO and JCT will include in the forthcoming estimate. For the decade beginning after 2021, the effect of H.R. 2 on federal deficits as a share of the economy would probably be somewhat larger."

That's one quarter of a trillion dollars the Republicans would add to our national deficit by repealing this health care reform we need and needed so badly, besides wasting their/our time by going back over it in Congress this year.

Idiots.

Idiots and demagogues.

Get on with the "people's business", people.

Links:  http://crooksandliars.com/jon-perr/cbo-gop-health-care-repeal-adds-230-billion-deficit
http://cboblog.cbo.gov/?p=1750


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