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WASHINGTON -- The healthcare reform law will not slow the growth of healthcare spending in the next decade -- in fact, it will accelerate healthcare spending slightly -- but it will also significantly expand healthcare coverage, a new government report found.The report, issued by Centers for Medicare and Medicaid Services (CMS) Office of the Actuary, casts doubt on predictions from the Obama administration and Congressional Democrats that healthcare reform would slow the trajectory of healthcare spending.
The CMS analysis pegs healthcare spending growth at an average rate of 6.3 percent over the next decade, or 0.2 percentage points faster than healthcare spending would have grown had the Affordable Care Act (ACA) not become law.
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Tea Party Rules: Dems will be taking a huge Beat Down in November. But I do love those optimistic LIBS that truly believe they will pick up seats in November. They tickle me
This is why you dont scuttle a public option, Barry.
I honestly think in a push to pass the Bill they misrepresented the facts by touting potential savings.
After this November, it is going to be clear to every Democrat and Republican that cutting spending, planning for debt repayment, and reviving American industry are the top priorities of the American people.
Any incumbent who has supported this exorbitant spending from the Bush and Obama years will be gone.
You cant cover 34 million folks and expect costs to go down. It just doesnt work that way. This was and always will be a moral issue. They should have stuck by that from beginning to end. Maybe then they would have come to agreement on a public option.
It wasnt obvious. Obama lied.
He is from SEIU, which is supposed to be a labor union, but has become an organization that takes dues from workers and immediately sends them to the Democrats.
But what are you believing?
Did you know it was a windfall for insurance companies?
Do you believe it will only cost 311 billion more than projected?
You are being fed line after line and you are believing it.
NO???? Really COSTs are going to go UP????? Wow what republcian saw that coming.. Please do continue drinking the kool – aid though libs
The Democratic party will be the first group of liars ousted this Fall. Hopefully we wont put Republican liars back in their place.
Im shocked, just shocked that Obama LIED to us.
The Republican “alternative” is to do nothing. Let costs rise anyway, cover no one, allow runaway rescission and denial of coverage, make sure profits and campaign contributions stay high. And you imply that Democrats are corrupt?
The report seems to assume that reductions in Medicare spending are the same thing as cuts in service, which is not correct. The whole point of the bill was to spend more efficiently, to pay for results and not for more and more procedures. This report doesnt comprehend that.
lets see — we now have a crappy system that will cover more. of course, it will cost more….we didnt pass REAL reform.
Verdict in already………….. funny stuff.
This should not come as a shock to anyone, we all knew it would cost more than projected. It is time that Washington started telling people the truth and that means both parties, this is not directed at just one. Out with all liars, all spinners of the truth. Move them all out and lets get some honest government officials for the first time in a very long time.
How come Democrats no longer care about spending? Thats right, theyre doing the spending now.
Some dogs you just cant train.
Bad doggie………. Bad!
So your solution to the problem is to just rip his finger off?
No wonder no one wants to listen to you.
Who seriously believes that were only 311 billion off the mark? Ten years from now a presidential candidate will be hemming and hawing about her former support of the bill, “We went on the best information we had at the time, and those were the CBO numbers. How were we supposed to know it would cost 2 trillion dollars more to implement it?”
The picture on that accompanies this article on the main page says it all. An elderly protester versus a union member with a pre-printed sign.
If only we had listened to our elders and not passed a windfall for Health Insurance companies instead of reform.
I dont care what the democrats or the republicans think about this bill. I think about how my wallet will feel in a few years.
Taxing the rich and raising the tax rate on cadillac plans simply will not pay for this health care bill. Which means it will fall to the people who ALWAYS end up paying for these things: the middle class.
That tax cut I received last year that everyone keeps reminding me of? Soon to be gone.
And this comes as a surprise to who?
I quit listening to govt. finance projections years ago because no govt. program has ever come in on projected targets.
Thats why I chuckled when I heard the predictions for this health care bill.
Of course you dont understand that new bill need improvement with the Republicans obstruction i wouldnt expect any other comment from you!
Obviously it was going to cost more. You do things like this b/c you believe its the right thing to do (which I think it is) but the argument that it was going to “save” money was always laughable to me.
Surprise
So why do the Rethugs even care about spending now OH it is an election year, they spent more under Bush in eight years and had the largest expansion of Government than any other President!
Of course because youre an out of control progressive liberal.
The truth emerges. The disturbing aspect of this is Obama and all the Corruptocrats knew this fact BEFORE the vote, yet they maintained costs would be lowered.
November will bring a sea change in DC. Out with the Dumb0$ and in with the adults.
“HANDS OFF MY MEDICARE!”
If i were that guy on the Right, Grandpop would be missing a Finger !