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Welcome to a very exclusive club!
Finally...Some Good News!
- Thread starter CHUMPS FROM OXFORD
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I am hearing that the bill if passed would go into effect 2013.
So that gives us a few years if they pass it.
So that gives us a few years if they pass it.
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As always, with any administration, the mid-term Congressional elections are a vote of confidence or lack thereof. Certainly will be this time around as well.
Just for giggles, suppose they passed the bill tomorrow. Where is the appropriations bill or are they saying that they are passing the FY2014 Budget this week too? It might just be that Congress will have to see how the economy goes between now and then, Joe Biden's economic theories about spending your way to prosperity notwithstanding.
California can come out pass a healthcare-for-all bill tomorrow. Fine. Go for it. Would be nice to have some funds to go with it. Barry might think of these things too.
Yeh, there is talk about tax increases but that isnt even close to being hammered out. Pelosi said the other day that the tax increases for health care would not dedicated funds, that they could also be used to reduce the deficit or whatever. The rest of the dems looked at her and said WTF. Might need to do a little more homwork there on that part.
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jsd1239
Expert
If the retro is true, that would be a real admin nightmare. Are they going to reimburse or credit everyone that goes to the GI plan, from a private plan the amount they paid for the private plan from January 1, 2008 to the date they go on the GI plan?
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I think Tex is kidding.
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This guy Paul Ryan, representative from Wisconsin breaks it down...
Video - CNBC.com
He was on CNBC today discussing health care for quite awhile. Checkout his other video's on their site.
Video - CNBC.com
He was on CNBC today discussing health care for quite awhile. Checkout his other video's on their site.
jsd1239
Expert
I'm sure he is, but I wouldn't put anything past Pelosi and company. It's hard to say whats in those 1000 + pages. Maybe another high speed train.
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According to AHIP, if the current house bill were passed and signed into law, it would be 2013 before any changes were implemented save the tax increases which would be sooner. They talk about total phase-in 2010-2018 for the program and the uninsured would not be covered until 2013.
Medicare Took One Year; Overhaul to Take Nearly 10
Medicare Took One Year; Overhaul to Take Nearly 10
hardwork
Expert
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Rick, I believe I did that on my 537th post, but to make it kosher (and get to that 3,000th post) I will repeat it! WELCOME, RICK!!!
There, I made it. Hip, hip. hooray!
Just curious, how many of the 3,000 were spelling correction posts ???
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Gee Barry told us that we needed to pass the stimulus bill right off because it was needed to start immediate economic recovery. Now only about 20% is out there and some isnt even scheduled to be spent for another two years or more.
Remember also that the health reform gig was touted as being part and parcel of the economic recovery plan. This was one of the major selling points (yes?). Now we are told that even if a bill is passed today that it wont change anything out in the real world until 2013.
The average recession lasts 18 months. By some calculations we are are almost exactly eighteen months into this one. (last Jan they were saying a year). Admittedly, this one is a stinker so lets say its normal cycle might be closer to two years meaning that recovery will begin in fits and starts about next January- give or take. (I am being conservative here, some segments are already recovering).
So........in other words Obama's health care kicks in to start helping the recovery out in 2013 and some or much of the stimulus expenditure is still 2 years out. That means his rescue plans help us the 4th or 5th year into a recession that may be easing now or might likely be easing more early next year which would be 2 years into the recession (even without intervention). What value is printed money still being floated in the economy after a recession has ended other than to create inflation?
Where am I going wrong here? Of course there is always the argument that if you throw a enough public pork dollars at a recession as FDR did then you can in fact make a two year recession last 5 years or turn it into a full-blown depression.
What a bunch of frigging voo-doo economics all this porkulus stuff is. If Obama wants to know where his healthcare money is, how about he just cancels the unexpended part of the stimulus package and start with that.
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