Nancy Pelosi’s health care bills is shocking.
The total price tag is a whopping $1.45 Trillion! So much for not adding a dime to the deficit.
It gets even worse. House Republicans have been reading the bill and crunched some of the numbers for us. I know, some of you aren’t pleased with Republicans right now, but they’re the only thing standing between us and a government takeover of health care. Plus, House Republicans, for the most part, have done a much better job lately of sticking to conservative values than their counterparts in the Senate.
This is downright scary, and I don’t see how a bill like this is going to do anything to reform health care in America for the better.
5.5 million-Number of jobs that could be lost as a result of taxes on businesses that cannot afford to provide health insurance coverage, according to a model developed by Council of Economic Advisors Chair Christina Romer
$729.5 billion-Total new taxes on small businesses, individuals who cannot afford health coverage, and employers who cannot afford to provide coverage that meet federal bureaucrats’ standards
$1.055 trillion-New federal spending on expanded health insurance coverage over the next ten years, according to a Congressional Budget Office preliminary score of the bill
.7%-Percentage of all that new spending occurring in the bill’s first three years-representing a debt and tax “time bomb” in the program’s later years set to explode on future generations
$88,200-Definition of “low-income” family of four for purposes of health insurance subsidies
114 million-Number of individuals who could lose their current coverage under the bill’s government-run health plan, according to non-partisan actuaries at the Lewin Group
43-Entitlement programs the bill creates, expands, or extends-an increase from H.R. 3200
111-Additional offices, bureaus, commissions, programs, and bureaucracies the bill creates over and above the entitlement expansions-more than double the number in H.R. 3200
3,425-Uses of the word “shall,” representing new duties for bureaucrats and mandates on individuals, businesses, and States-also more than double the number in H.R. 3200
$60 billion-Loss sustained by taxpayers every year due to Medicare fraud, according to a recent 60 Minutes expose; the government-run health plan does not reform the ineffective anti-fraud statutes and procedures that have kept Medicare on the Government Accountability Office’s list of high-risk programs for two decades
Zero-Prohibitions on government programs like Medicare and Medicaid from using cost-effectiveness research to impose delays to or denials for access to life-saving treatments
$634 Billion-Amount that could be saved by denying individuals access to treatments that are not “cost-effective,” according to a report by the liberal Commonwealth Fund; Section 1160 of the bill gives bureaucrats in the Obama Administration virtual free rein to develop a new “high-value” reimbursement system for Medicare by May 2012
2017-Year Medicare Hospital Insurance Trust Fund will be exhausted-an entitlement crisis exacerbated by the bill, which according to the Congressional Budget Office will increase the federal budgetary commitment to health care by $598 billion in its first ten years alone
$2,500-Promised savings for each American family from health reform, according to then-Senator Obama’s campaign pledge-savings which the Administration’s own actuaries have confirmed will not materialize, as the Pelosi health care bill would increase the growth of health care costs
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