The Obama Dog-and-Pony Show over healthcare “bi-partisanship” was a joke. Note that Obama did not attempt to rebut Rep. Paul Ryan (R-Wisconsin) (h/t IBD)
• “This bill does not control costs (or) reduce deficits. Instead, (it) adds a new health care entitlement when we have no idea how to pay for the entitlements we already have.”
• “The bill has 10 years of tax increases, about half a trillion dollars, with 10 years of Medicare cuts, about half a trillion dollars, to pay for six years of spending. The true 10-year cost (is) $2.3 trillion.”
• “The bill takes $52 billion in higher Social Security tax revenues and counts them as offsets. But that’s really reserved for Social Security. So either we’re double-counting them or we don’t intend on paying those Social Security benefits.”
• “The bill takes $72 billion from the CLASS Act (long-term care insurance) benefit premiums and claims them as offsets.”
• “The bill treats Medicare like a piggy bank, (raiding) half a trillion dollars not to shore up Medicare solvency, but to spend on this new government program.”
• “The chief actuary of Medicare (says) as much as 20% of Medicare providers will either go out of business or have to stop seeing Medicare beneficiaries.”
• “Millions of seniors who have chosen Medicare Advantage (Medicare through a private insurer) will lose the coverage that they now enjoy.”
Barack Hussein Obama, in his zeal to get something passed with his name on it, no matter how disastrous it is, really doesn’t care what damage he does. He cares about looking good, not about hurting Americans. That’s part of his personality disorder that has been the topic of so many other blogs that it doesn’t need to be repeated here.
