Posted by
Defend America on Friday, February 26, 2010 5:44:00 AM
February 25, 2010 8:00 P.M.
Ducking and Dodging
The Democrats can’t explain away the gimmicks in their health bill.
‘We have some strong disagreements on the numbers,” President Obama said after Rep.
Paul Ryan
(R., Wis.) concluded his
devastating critique
of the Democrats’ budget claims, “but I don’t want to get too bogged
down.” In the ensuing debate, what became clear is that the Democrats
just don’t have an answer to Ryan’s arguments. They ducked, dodged, and
changed the subject repeatedly, because Ryan’s numbers themselves are
unimpeachable.
The Democrats are touting an estimate from
the Congressional Budget Office that their health-care bill would
reduce the deficit by around $130 billion over the next ten years. What
Ryan pointed out — and what no Democrat even attempted to counter — is
that this is because the legislation front-loads tax hikes and Medicare
cuts and defers costs, forcing the
CBO
to score ten years of offsets with only six years of spending. Looked
at on a level playing field, the true ten-year cost of the bill is $2.3
trillion rather than $950 billion, Ryan said.
Then he brought up another gimmick: The bill is full of
double-counting. “Savings” are counted as offsets for new health-care
spending and at the same time set aside to pay for future entitlements.
For instance, the Democrats claim $52 billion in offsets as a result of
increasing Social Security payroll-tax revenues. But these dollars are
already claimed for future Social Security beneficiaries. They can’t
pay for both. The Democrats take another $72 billion in premiums
intended to fund a new long-term-care program and count them as offsets
for other spending. Ryan pointed out that Senate Budget Committee
chairman
Kent Conrad
has
called this “a Ponzi scheme of the first order, the kind of thing that Bernie Madoff would have been proud of.”
http://article.nationalreview.com/426321/ducking-and-dodging/stephen-spruiell