CBO Releases Numbers

[CHUMPS FROM OXFORD]

On the surface, good numbers for Dems. But...We really need to see HOW they arrived at the numbers to fully critique it.

Click on the link or Rick will sell your liver in Tunisia.

Ezra Klein - CBO: Health-care reform bill cuts deficit by $1.3 trillion over 20 years, covers 95%

 

[moonlightandmargaritas]

On the surface, good numbers for Dems. But...We really need to see HOW they arrived at the numbers to fully critique it.

As Rep. Paul Ryan pointed out to Obama, the CBO numbers are worthless, pure unadulterated, 100% grade "A" b*llshit.

When they are relying on a 22% annual cut in Medicare doctor reimbursements that have been repealed in each of the last seven years, and only six years of taxes to pay for ten years of benefits - the numbers (like most of Congress, the CBO and the President) have no credibility whatsoever.

Obama had no input or reaction to these FACTS:

 

[Crabcake Johnny]

So this all heads for reconciliation on Sunday. Should prove to be very interesting. Last time I counted, Pelosi went from being 20 votes shy down to 9 votes shy. So the question is, what kind of back room deals do they have to make to sway those 9 votes to "yes."

 

[CHUMPS FROM OXFORD]

Hold on...

The CBO Score, As Reported by Steny Hoyer - Kathryn Jean Lopez - The Corner on National Review Online

 

[bill3173]

When they are relying on a 22% annual cut in Medicare doctor reimbursements that have been repealed in each of the last seven years, and only six years of taxes to pay for ten years of benefits - the numbers (like most of Congress, the CBO and the President) have no credibility whatsoever.

Obama had no input or reaction to these FACTS:

What did you expect his reaction to be, he couldn't care less. An argument like Ryan's is for people that genuinely have an interest in what is being said.

To the President, he was nothing more than a fly buzzing around his ear. Maybe not even that annoying. Obama was probably thinking something along the lines of "how about if I set you up with some bitches, will that take care of it"?

 

[somarco]

CBO report, all 25 pages.

If you read through you will see there are several areas where there is not enough data provided for the CBO to score.

 

[Winter_123]

CBO said they dont know yet because they dont know how the final reconciliation proposals will square with the factors that already know about. However the dems need the CBO to say something so that is what it says for them. Amazing how the same cast of characters that has trouble with AIG./Lehman Brothers type of accounting laps it up by the pantload when it is what is useful for them.

 

[retread]

It was my understanding that the way Pelosi et al are trying to force this thing through is that they are using the original House Bill data (which uses cost estimates that are now out of date) in order to have a "shell" bill to pass. Since the shell bill has no resemblence to the "real" bill they want, the CBO assessment is worthless.

 

[djs]

Why worry about the CBO estimates at all? Seriously, what do they mean?

At the end of the day, it simply means that there is a guess that the taxes will be increased enough to cover the expenses. Right now, it says they will be increased by more than required to cover the anticipated expenses.

In the end, the CBO number was manipulated to make it sound good and to sound like it was something someone was concerned about. Make it deficit neutral he commanded. Raise taxes they shall.

Somehow, most people think this money will mysteriously appear.

Dan

 

[moonlightandmargaritas]

I guess we should just trust these guys. Let's face it, they've been square with us in the past, and most of their estimates have come in pretty close...