Want To Save $150 Billion

[carpro]

Sure..I'd love to save $150 billion. Let's cut out welfare spending, spending on education, all arts and humanities spending, the irs (by going to a fair tax), etc and we could save more than that!

I wonder how much it would save it we just don't do the "subsidies" at all?

Forcing someone to buy something they may not want so you can pay for it for them makes no sense in the first place.

 

[targus]

But you will save $150 Billion.

Do you use coupons? I do ad think they are great. It doesn't mean I won't have to spend to save, it says I will save while spending. The part you guys won't acknowledge is we will spend this money either way. We can invest in these savings or we can let the people show up in the emergency room near death and treat them then.

http://www.cbo.gov/ftpdocs/104xx/doc10464/hr3200.pdf

In total, CBO estimates that enacting those provisions would raise deficits by $1,042 billion over the 2010-2019 period.


$1,042 billion = over $1Trillion

 

[LeBuick]

You know that the public option will not be free don't you?

If the poor can't afford the premiums for medical insurance currently where will they get the money to pay for the public option?

With every proposal to include the Republican's, be it subsidies or tax credits, we will be helping them get coverage. Up to a certain income bracket we will be buying their coverage since many of the low income don't pay taxes.

Also, as tax payers we are paying for their coverage every time they hit an emergency room. We might as well cover their preventive care with the emergency room money and they can live healthier lives.

So that is a valid concern that needs to be figured out.

IF things go as planned, and I agree that is a big IF, the public option will be a self sustaining option with the basic operation running off premiums and free of tax dollar support. The tax dollars or cost figures you see in this area mostly deal with covering the uninsured.

I honestly believe we can collapse VA, Medicare, Medicaid and Military health care into different levels of this public option and if done right it can operate on the tax dollars currently collected from our checks. This will also give the public option a basic frame work of claim agents etc... and we can save some money there since all the current bureaucracies in those agencies will no longer be needed.

 

[LeBuick]

http://www.cbo.gov/ftpdocs/104xx/doc10464/hr3200.pdf

In total, CBO estimates that enacting those provisions would raise deficits by $1,042 billion over the 2010-2019 period.


$1,042 billion = over $1Trillion

Not sure what you're looking at but on page 2 in your link it says the net change to the deficit are as follows;

2010 = 11
2011 = -24
2012 = -36
2013 = -1
2014 = 5
2015 = 40
2016 = 58
2017 = 58
2018 = 62
2019 = 65
2010-2014 = -44
2010-2019 = 239

These are the projections of an unfinished plan and we all know government changes with each election cycle. In 2012 for the next election we'll be at $36 Billion savings and the shock of this change will be in our rear view mirrors (for most American's). I believe by then we can tweak what we have to absorb the $239 Billion by 2019 but regardless of that, they are working out that last $239 Billion since the promise is to be deficit neutral. Unfortunately, I see this meaning the rich will pay that last bit in one way or another.