[May 12 2010 | No Comment | 194 views]

The Hill reports: A new Congressional Budget Office analysis of the health reform bill showing $115 billion in discretionary spending has quickly been turned into extra ammo for the GOP. “We can expect the true cost to grow even higher, since CBO noted this new estimate does not include 38 sections of grant programs, which cover 406 pages of legislation,” Energy and Commerce Republicans say in a press release. “While the Democrat authors of the law did not specify a funding level for these particular programs, they are certain to …

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[Apr 23 2010 | No Comment | 186 views]

President Barack Obama’s health care overhaul law will increase the nation’s health care tab instead of bringing costs down, government economic forecasters concluded Thursday in a sobering assessment of the sweeping legislation.
A report by economic experts at the Health and Human Services Department said the health care remake will achieve Obama’s aim of expanding health insurance — adding 34 million Americans to the coverage rolls.
But the analysis also found that the law falls short of the president’s twin goal of controlling runaway costs. It also warned that Medicare cuts may …

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[Apr 13 2010 | No Comment | 212 views]

The Democrats’ unpopular health spending bill will slam middle-class Americans with multi-billion-dollar tax hikes, including $3.9 billion in new taxes in 2019 alone, according to a non-partisan Joint Committee on Taxation, Congress’ official scorekeeper on legislation.  The Hill’s Jay Heflin reports:
Taxpayers earning less than $200,000 a year will pay roughly $3.9 billion more in taxes — in 2019 alone — because of healthcare reform, according to the Joint Committee on Taxation, Congress’ official scorekeeper for legislation. …

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