Cost of ObamaCare in Senate? 2.5 trillion!
This is not an estimate from Heritage or Cato, this is from Max Baucus one of the principal architects of the Senates version of the bill. Straight from the horse's mouth as they say.
I have said it before and will say it again, ObamaCare is NOT about a health crisis. There is no crisis, because if there was then poll numbers would continually point to a majority of Americans liking their current health coverage and an even bigger majority disapproving of ObamaCare. Our health care is in dire need of reform, but we need significantly less government intervention not more of it. Ultimately the morality of the question is not relevant, because we are broke. Our government only exists because of it's capacity to borrow, but it's capacity to borrow will expire because the costs of servicing the debt is becoming unbearable. We now spend more on interest payments than many countries' GDPs! Clearly, the plan is to raise alarms over a crisis in health care in order to confiscate more wealth from Americans in order to desperately patch up a financial crisis on the brink of utter collapse.
We need to fight this not because it is an intrusion of liberty, an immoral mandate on providing service to those who cannot afford it and an expansion of federal government that has been expanding to our detriment for 70 years. No, we need to fight this because the day of reckoning is already frightening and the amount of pain we must endure in order to get past the excessed we have accumulated is too difficult to imagine. We cannot allow the government to pile on more liabilities, more debt and ultimately exacerbate a situation that is already beyond all stages of repair. We simply cannot.
Dems Admit That The Bill Will Cost “$2.5 Trillion” “Depending On Where You Start”The problem lies with the front loaded cost estimates whereby taxation starts early, but the programs start later. When taking a peek a few years into the future the costs pile up in a horrendous fashion and this is only what the government estimates! Remember the same government that estimated in 1965 that within 30 years Medicare will only cost 9 billion and the total costs? Over 65 billion. The same government that told us if we do not accept the 787 billion stimulus package then unemployment would exceed 8%. Result? 787 billion squandered and unemployment at 10.2%! The same government that passed one of the most expansive Medicare expansions in 2002 with estimates in the 400 billion range, but actual costs ending up in the high 700s and this was passed by Republicans, the so-called fiscal conservatives!
SEN. MAX BAUCUS (D-MT): “Health Care Reform” Will Cost “$2.5 Trillion”
SEN. MAX BAUCUS (D-MT): “Just for a second -- health care reform, whether you use a ten-year number or when you start in 2010 or start in 2014, wherever you start at, so it is still either $1 trillion or it's $2.5 Trillion, depending on where you start…” (Sen. Baucus, Floor Remarks, 12/2/09)
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SENATE REPUBLICAN COMMUNICATIONS CENTER
I have said it before and will say it again, ObamaCare is NOT about a health crisis. There is no crisis, because if there was then poll numbers would continually point to a majority of Americans liking their current health coverage and an even bigger majority disapproving of ObamaCare. Our health care is in dire need of reform, but we need significantly less government intervention not more of it. Ultimately the morality of the question is not relevant, because we are broke. Our government only exists because of it's capacity to borrow, but it's capacity to borrow will expire because the costs of servicing the debt is becoming unbearable. We now spend more on interest payments than many countries' GDPs! Clearly, the plan is to raise alarms over a crisis in health care in order to confiscate more wealth from Americans in order to desperately patch up a financial crisis on the brink of utter collapse.
We need to fight this not because it is an intrusion of liberty, an immoral mandate on providing service to those who cannot afford it and an expansion of federal government that has been expanding to our detriment for 70 years. No, we need to fight this because the day of reckoning is already frightening and the amount of pain we must endure in order to get past the excessed we have accumulated is too difficult to imagine. We cannot allow the government to pile on more liabilities, more debt and ultimately exacerbate a situation that is already beyond all stages of repair. We simply cannot.
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