Despite their Talking Points, Dems’ Government Takeover of Health Care Will Increase the Deficit
November 30, 2009
One of the myths most frequently peddled by supporters of the Democrats' government takeover of health care is that the Democrats' $1.3 trillion bill "protects our children's future by not adding to our deficit," as Speaker Pelosi put it earlier this month. But the Washington Post reported today that couldn't be further from the truth. The Post noted that, "[a]s a whole, the CBO projects that Reid's bill would not change the trajectory of federal health spending. And a competing House bill, the CBO said, would push federal spending higher." In fact, the House Democrats' government takeover of health care will increase the budget deficit by at least $89 billion over the next 10 years, according to a recent report from the independent, non-partisan Congressional Budget Office (CBO). The Democrats' bill in the Senate, meanwhile, isn't any better at reducing health care costs or easing the federal deficit - which currently stands at $1.4 trillion this year alone. Last week, the Republican staff on the Senate Budget Committee put together the following chart exposing the actual cost of the Senate Democrats' government takeover of health care over 10 years. The true cost? $2.5 trillion.
As Senator Judd Gregg (R-NH) pointed out during a rare Saturday session on November 21:
My colleagues on the other side of the aisle continue to claim this bill costs about $800 billion. That's the number they say has been reached as the expenditure on this bill. Ladies and gentlemen, that is a totally dishonest number...The way that number was arrived at was that they don't start spending money on this bill until the fourth or the fifth year. They couldn't get the score they wanted from the Congressional Budget Office (CBO), so they changed the starting point. They moved back another year in the ten-year cycle. They went from four years to five years as to the starting point of most of the spending in this bill.... What they don't tell the American people is they're not spending anything in the first four or five years of the bill. No. They do raise your taxes throughout the ten-year period. They do cut Medicare throughout the ten-year period. But they don't spend the money. They don't start the spending programs until the year 2014, when this bill is fully phased in, when all these new programs, these massive expansion of entitlements are created, these brand-new entitlements. When all this new spending occurs, this bill will cost $2.5 trillion over that ten-year period.The American people are against the Democrats' government takeover of health care, as Jeffrey H. Anderson at National Review Online's "Critical Condition" blog, pointed out this morning:
In the last two weeks, eight national polls have been released showing what the American people think of Obamacare. The results of those eight polls - Pew, ABC/WaPo, PPP, CNN, CBS, Quinnipiac, Fox, and Rasmussen - show that by an average margin of 8.5 percent (49.0 percent to 40.5 percent), more people oppose Obamacare than support it.The facts speak for themselves: the Democrats' government takeover of health care will increase the federal deficit and will increase health care costs for American families. President Obama, however, pledged in his address to a Joint Session of Congress that: "I will not sign a plan that adds one dime to our deficits -- either now or in the future." The only way he can keep that promise to the American people is if out-of-touch Washington Democrats scrap their costly government takeover of health care and work with Republicans to implement step-by-step reforms that will reduce the cost of health insurance for American families and small businesses without increasing the deficit, raising taxes, or implementing draconian cuts to Medicare. House Republicans have proposed a better solution that will do just that. You can read more about it at HealthCare.GOP.gov.