Last evening, in our report on HarryCare (aka HariKariCare), we noted:
"Absent these [Medicare] cuts ... there are no savings, only additional expenditures."
Now comes word from the Congressional Budget Office that:
"CBO estimates that enacting both H.R. 3961 and H.R. 3962 would add $89 billion to budget deficits over the 2010–2019 period."
[ed: 3961 increases reimbursement rates, and 3962 is the so-called "Affordable Health Care for America Act"]
So instead of decreasing the deficit by some $127 billion, it would actually increase it by $89 billion (that's a 216 billion dollar hole Sen Reid just dug).
"Absent these [Medicare] cuts ... there are no savings, only additional expenditures."
Now comes word from the Congressional Budget Office that:
"CBO estimates that enacting both H.R. 3961 and H.R. 3962 would add $89 billion to budget deficits over the 2010–2019 period."
[ed: 3961 increases reimbursement rates, and 3962 is the so-called "Affordable Health Care for America Act"]
So instead of decreasing the deficit by some $127 billion, it would actually increase it by $89 billion (that's a 216 billion dollar hole Sen Reid just dug).
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