Wednesday, January 06, 2010
Truth-telling from Newt
Former House Speaker Newt Gingrich gives us the skinny on the monstrosity that is Senator Harry Reid's health care reform bill, which is currently being reconciled in secret by the Most Open Congress in history (from Human Events Online):
The American people didn't have much of a chance to get a good look at Senator Reid's corrupt Christmas present before it was passed. The legislation would dramatically expand the power and scope of the federal government – and fail to fix any of the problems we face.
That continues the course of action that Democrats have taken this entire year on health reform. Every bill that has been introduced, from the House Tri-Committee bill this summer to the Senate Health, Education, Labor, and Pensions committee to Harry Reid's latest bill, the recipe is the same: More regulation, higher taxes, bigger government, less control for you.
Here are just a few of the Reid bill's details:
2,409 pages (by comparison, the legislation that created Social Security was just 82 pages long)
$518 billion in tax increases (Joint Committee on Taxation and the Congressional Budget Office)
$466 billion in cuts to Medicare and Medicaid (CBO)
Many costs of the legislation won't begin until 2014, but taxes will be imposed immediately (CBO)
Federal outlays for health care would increase by about $200 billion between 2010-2019 (CBO)
$26 billion of unfunded mandates to states over the next 10 years that will likely result in higher taxes (CBO)
Would increase non-group premiums by $300 per individual and $2,100 per family (CBO)
Up to 10 million people will lose their current health insurance coverage under the bill (CBO)
The American people didn't have much of a chance to get a good look at Senator Reid's corrupt Christmas present before it was passed. The legislation would dramatically expand the power and scope of the federal government – and fail to fix any of the problems we face.
That continues the course of action that Democrats have taken this entire year on health reform. Every bill that has been introduced, from the House Tri-Committee bill this summer to the Senate Health, Education, Labor, and Pensions committee to Harry Reid's latest bill, the recipe is the same: More regulation, higher taxes, bigger government, less control for you.
Here are just a few of the Reid bill's details:
2,409 pages (by comparison, the legislation that created Social Security was just 82 pages long)
$518 billion in tax increases (Joint Committee on Taxation and the Congressional Budget Office)
$466 billion in cuts to Medicare and Medicaid (CBO)
Many costs of the legislation won't begin until 2014, but taxes will be imposed immediately (CBO)
Federal outlays for health care would increase by about $200 billion between 2010-2019 (CBO)
$26 billion of unfunded mandates to states over the next 10 years that will likely result in higher taxes (CBO)
Would increase non-group premiums by $300 per individual and $2,100 per family (CBO)
Up to 10 million people will lose their current health insurance coverage under the bill (CBO)
# posted by Joltin' Django @ Wednesday, January 06, 2010 
