As the health care debate heats up and the war of words begins in earnest, much has been said about the cost of the proposed health care plan. Repubs keep harping on the cost and citing a CBO report that substantiates their figures….but there is a small problem brewing according to the Huffington Post:
The Congressional Budget Office has not released scores on the House health care reform proposal, despite reports that it had estimated the plan would cost taxpayers upwards of $1.5 trillion.
The report caused a stir on the Hill and stoked fears of a setback.
“THERE. IS. NO. SCORE,” e-mailed one frustrated committee aide.
UPDATE: In a statement unusual in its harsh wording, all three committees are pushing back against the story.
The Press Offices of the House Ways and Means, Energy and Commerce and Education and Labor Committees released the following statement today in response to an inaccurate report published in CongressDaily asserting that the House Tri-Committee health care reform legislation has been scored by the Congressional Budget Office:
“This report is premature and entirely fabricated. In fact, none of the reporters working on this piece contacted our press offices to fact check their story. The three House committees are still working to develop legislation and have not yet received a score from CBO on the discussion draft. As the three chairmen have made clear, our health care reform legislation will be paid for and we’re still considering revenue options.”
This is the second time that a non existent CBO report has been used to attack a proposal. There is a possibility that there will be a report issued in the near future but as far as I can tell that day has not arrived yet.
Sorry..I digress……a millionaires tax? This would be a surtax on people making more than $350,000 as a way to help pay for health care. But a piece written in Bloomberg made me think of something:
While how to pay for health care is the biggest challenge, the idea of imposing a so-called millionaire’s tax to help fund the expansion is drawing fire from Republicans and Democrats. Senator Ben Nelson of Nebraska has expressed skepticism, as have House Democrats in the Blue Dog Coalition, who describe themselves as fiscally conservative.
The surtax is “not my first choice,” said one Blue Dog Democrat, Stephanie Herseth Sandlin of South Dakota. “I’ve got some concerns.”
Sounds good right? Think about one more thing…..about 72% of the American people want substantial health reform, at is one….now of the guys spouting crap about health care and shows such concern for the millionaire tax….but ask yourself, how many of those in Washington dealing with this issue are millionaires? My guess would be just about all of them.
Here is another thought for you to consider–the most popular cost for health care being tossed around is $1.2 trillion—damn!–that is a lot, huh? But there is more the possible amount to be raised by the surtax is $500 billion and in 2011 the Bush tax cuts will ecpire and that would bring in about $700 billion….you do not have to be a math whiz to figure that 500 plus 700 would equal $1.2 trillion….oops….does that mean that it would be almost budget neutral? If so, why is everyone opposed?
Just what is the hub-bub, eh?