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Ann distilled; Democrats stripped nekkid.
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Medicare
is tens of trillions of dollars in the red. It is expected to go
bankrupt by 2017. In order to pay for Medicare alone, the government
will either have to cut every other federal program in existence, or
raise federal income taxes to rates as high as 77 percent.
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Hmmm, I didn't make any notes to debate the manifestly insane points.
But I'm pretty sure that extending full medical benefits to 30 million
people who don't currently have them -- 47 million once the federal
health commission rules that illegal aliens are covered -- will not be
less expensive than the current system.
*
Democrats keep citing the Congressional Budget Office's "scoring" of their bills as if that means something.
The CBO is required to score a bill based on the assumptions
provided by the bill's authors. It's worth about as much as a report
card filled out by the student himself.
Democrats could write a bill saying: "Assume we invent a magic
pill that will make cars get 1,000 miles per gallon. Now, CBO, would
that save money?"
The CBO would have to conclude: Yes, that bill will save money.
Among the tricks the Democrats put into their health care bills
for the CBO is that the government will collect taxes for 10 years, but
only pay out benefits for the last six years. Will that save money?
Yes, the CBO says, this bill is "deficit neutral"!
But what about the next 10 years and the next 10 years and the next 10 years after that? [Full Fun]
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