The US Congressional Budget Office says the final version of the Democrats’ healthcare plan will cut the federal deficit by $138bn over 10 years.

March 18, 2010 | Constitution, Economy, Health Freedom

I generally like post articles like this in the forum, but I really had to get this out on the RTR main page.

Finally an admission from “Your Elected Officials” that health-care reform is just another form of taxation.

First of all, with history clearly showing us how badly, big government manages finances, do we really want  the Fed’s in the health-care industry? And does it state anywhere in our beloved constitution that they have the authority to venture into the health-care business?

It brings to mind, what they have done the last 50 years managing one of the greatest “Ponzi Schemes” eve created,  Social Security.

Here’s a suggestion, when asked to fill out the “Census Form” which I am going to save for another article entirely, because this years census form, does without a doubt, violates privacy laws, and is outside of its constitutional allowances, tell the census people, you will fill it out and return it, when they give you back all the social security money, that you gave to them, to be “HELD IN TRUST” which they did not honor.

BBC

The non-partisan body said the proposed legislation, which will likely be voted on in the House on Sunday, would cost about $940bn over the same period.

President Barack Obama said the bill represented the most significant effort to reduce the deficit since the 1990s.

Some undecided Democratic lawmakers had feared it would run up the deficit.

The reforms would deliver on Mr Obama’s top domestic priority by providing insurance to some 30 million people who currently lack it.

They would increase insurance coverage through tax credits for the middle class and expanding of the Medicaid programme for the poor.

If approved, they would represent the biggest change in the US healthcare system since the creation in the 1960s of Medicare, the government-run scheme for Americans aged 65 or over.

Budget reconciliation

The House of Representatives and the Senate adopted different versions of the healthcare bill in November and December.

The usual procedure would be for two versions of legislation to be combined into a single bill for President Obama to sign into law, but after Senate Democrats lost the 60-seat majority required to defeat a filibuster by Republicans, party leaders decided to use a controversial procedure to ensure the bill’s passage.

Health Care….Help reduce the deficit.