Bush Tax Cuts 2.5 Trillion, Obamacare 1 Trillion

[Nbadan]

It's not about spending, it's about spending priorities, and the GOP don't want any money going to the poor, unless it goes through the hands of one of its corporate lobbyist first...

http://crooksandliars.com/files/uploads/2009/09/nationaldebt_42d6b.jpg


The Bush Tax Cuts Cost Two and a Half Times as Much as the House Democrats’ Health Care Proposal - Citizens for Tax Justice

Newly revised estimates from Citizens for Tax Justice show that the Bush tax cuts cost almost $2.5 trillion over the decade after they were first enacted (2001-2010).1 Preliminary estimates from the non-partisan Congressional Budget Office show that the House Democrats’ health care reform legislation
is projected to cost $1 trillion over the decade after it would be enacted (2010-2019).2


...BUT! ...the CBO numbers do not net out the costs currently paid by the government to reimburse hospitals and doctors for uncompensated care (for the uninsured), which when extrapolated through 2010 - 2019 come to $816 billion. Once the uninsured are covered these cost would no longer be incurred. They would be covered by the insurance policies.

[SouthernFried]

Increase taxes now!!

[101A]

Tax cuts don't "Cost" anything.

It's our money, not theirs.

[jack sommerset]

"Raise our taxes, raise our taxes, raise our taxes, raise our taxes!"

[NoOptionB]

Thanks for the tax cuts brah! Guvadament needs no more moneyz.

[DarrinS]

Why doesn't your graph go into the Obama years?

[Shastafarian]

Why doesn't your graph go into the Obama years?

Because they haven't happened yet.

[DarrinS]

Because they haven't happened yet.


That's ok. The numbers wouldn't fit on that graph anyway.

[Shastafarian]

I'm gonna focus on the future and assume things will get worse rather than commenting on the fact that the last president spent more money than Donald Trump in a store full of gold.

[nuclearfm]

Several economists and political scientists believe the GOP does this so the democrats will not be able to spend on anything. They'd rather help out their corporate friends first and charge it, so we're strapped in their interests.

[hater]

well to be fair we were attacked by Iraq on George Jr.'s term and forced to go to war.... oh, wait...

[ChumpDumper]

Why doesn't your graph go into the Obama years?


Because they haven't happened yet.:lmao

[DarrinS]

:lmao

what's up assbake?

[johnsmith]

Several economists and political scientists believe the GOP does this so the democrats will not be able to spend on anything. They'd rather help out their corporate friends first and charge it, so we're strapped in their interests.

Link?

[DarrinS]

Several economists and political scientists believe the GOP does this so the democrats will not be able to spend on anything. They'd rather help out their corporate friends first and charge it, so we're strapped in their interests.

:lmao


P5yxFtTwDcc

[Wild Cobra]

Tax cuts don't "Cost" anything.

It's our money, not theirs.
You forget. Libtards think the government has the right to take anything they want. They also want it and vote accordingly because the want Nanny and Uncle Sam to support them.

[Wild Cobra]

That's ok. The numbers wouldn't fit on that graph anyway.
They would severely dwarf the others, even if the adjusted the graph to inflation!

[clambake]

You forget. Libtards think the government has the right to take anything they want. They also want it and vote accordingly because the want Nanny and Uncle Sam to support them.

like when we supported you?

[nuclearfm]

Link?

Try google, if that fails. Visit a university for your liberal indoctrination.

[spursncowboys]

It's not about spending, it's about spending priorities, and the GOP don't want any money going to the poor, unless it goes through the hands of one of its corporate lobbyist first...

http://crooksandliars.com/files/uploads/2009/09/nationaldebt_42d6b.jpg


The Bush Tax Cuts Cost Two and a Half Times as Much as the House Democrats’ Health Care Proposal - Citizens for Tax Justice

Newly revised estimates from Citizens for Tax Justice show that the Bush tax cuts cost almost $2.5 trillion over the decade after they were first enacted (2001-2010).1 Preliminary estimates from the non-partisan Congressional Budget Office show that the House Democrats’ health care reform legislation
is projected to cost $1 trillion over the decade after it would be enacted (2010-2019).2


...BUT! ...the CBO numbers do not net out the costs currently paid by the government to reimburse hospitals and doctors for uncompensated care (for the uninsured), which when extrapolated through 2010 - 2019 come to $816 billion. Once the uninsured are covered these cost would no longer be incurred. They would be covered by the insurance policies.
" the Congressional Budget Office (CBO) has estimated that health-information technology as provided for in the recently enacted stimulus bill would reduce health-care spending by only about 0.3 percent. " (L.A. Hunter,NRO http://article.nationalreview.com/?q=ZGFhMTc5MDYyOGNjOTU4NjNkYjY5OTk5ZmI5NGM0YTc=)
"At its inception in 1966, Medicare cost $3 billion a year. At that time, the Ways and Means Committee of the U.S. House of Representatives projected “conservatively” that the program would cost approximately $12 billion a year by 1990. In 1990, the cost of Medicare was actually $107 billion — nine times greater than the Ways and Means estimate." (LAH)

This number is only for the 16 million of the 40 million the Libs are trying to "save" and it sets inflation at a rate probably not maintained.

[johnsmith]

Try google, if that fails. Visit a university for your liberal indoctrination.

It's not my job to backup your claims................link?

[spursncowboys]

It's not my job to backup your claims................link?They get their information from groups who do not use facts. Only distortions of numbers to help their views. H.Post D.Kos, NPR, etc.

[Cry Havoc]

You forget. Libtards think the government has the right to take anything they want. They also want it and vote accordingly because the want Nanny and Uncle Sam to support them.

Remind me. Wasn't it a republican president and government who essentially forced war on their populace through lies and deceit, and racked up trillions of dollars in cost for a war the American people would not have supported in the first place, had they not been blatantly and explicitly lied to? Where are those promised WoMD again?

[ChumpDumper]

They get their information from groups who do not use facts. Only distortions of numbers to help their views. H.Post D.Kos, NPR, etc.Could you link an example of NPR's distortion of numbers to help its views?

[ChumpDumper]

Remind me. Wasn't it a republican president and government who essentially forced war on their populace through lies and deceit, and racked up trillions of dollars in cost for a war the American people would not have supported in the first place, had they not been blatantly and explicitly lied to? Where are those promised WoMD again?
We know where they are. They're in the area around Tikrit and Baghdad and east, west, south, and north somewhat.

[johnsmith]

It's not my job to backup your claims................link?

[Nbadan]

Medicare was quite profitable until the Bush administration and the do-nothing Congress signed one of the largest liberal expansion in the program since it's inception...

[spursncowboys]

Medicare was quite profitable until the Bush administration and the do-nothing Congress signed one of the largest liberal expansion in the program since it's inception...
How was Medicare profitable? What bill signed are u talking about?

[Winehole23]

What bill signed are u talking about?Medicare Part D.

[Nbadan]

Ever hear of the Medicare Advantage plan?


The costs of Medicare doubled every four years between 1966 and 1980.[35] According to the 2004 "Green Book" of the House Ways and Means Committee, Medicare expenditures from the American government were $256.8 billion in fiscal year 2002. Beneficiary premiums are highly subsidized, and net outlays for the program, accounting for the premiums paid by subscribers, were $230.9 billion.

Medicare spending is growing steadily in both absolute terms and as a percentage of the federal budget. Total Medicare spending reached $440 billion for fiscal year 2007, or 16% of all federal spending. The only larger categories of federal spending are Social Security and defense. Given the current pattern of spending growth, maintaining Medicare's financing over the long-term may well require significant changes.[36]

According to the 2008 report by the board of trustees for Medicare and Social Security, Medicare will spend more than it brings in from taxes this year (2008). The Medicare hospital insurance trust fund will become insolvent by 2019.[36][37][38][39] Shortly after the release of the report, the Chief Actuary testified that the insolvency of the system could be pushed back by 18 months if Medicare Advantage plans that provide more health care services than traditional Medicare and pass savings onto beneficiaries were paid at the same rate as the traditional fee-for-service program. He also testified that the 10-year cost of Medicare drug benefit is 37% lower than originally projected in 2003, and 17% percent lower than last year's projections.[40] The New York Times wrote in January 2009 that Social Security and Medicare "have proved almost sacrosanct in political terms, even as they threaten to grow so large as to be unsustainable in the long run."[41]

Wiki (http://en.wikipedia.org/wiki/Medicare_(United_States))

[Winehole23]

Medicare Advantage is Part C. It passed in 1997.

[Nbadan]

My bad...the PDP is new I suppose

[Wild Cobra]

Remind me. Wasn't it a republican president and government who essentially forced war on their populace through lies and deceit, and racked up trillions of dollars in cost for a war the American people would not have supported in the first place, had they not been blatantly and explicitly lied to? Where are those promised WoMD again?
The lie is that they lied.

Haven't you learned that yet?

If you can find a credible lie, please start the appropriate thread/title. Love to discuss it. However, I haven't seen any thing that constitutes a lie by the executive office. Just bad information.

[Wild Cobra]

How was Medicare profitable? What bill signed are u talking about?
I'm only guessing he means the fact that the 1.45%x2 payroll tax brings more revenue in than what it pays out in medicare, and is then referring to the change in prescription coverage for seniors. However, I think it still makes more in revenue that what is paid out. I could be wrong. We may have crossed that line recently, like we will with Social Security in a few years.

[Winehole23]

My bad...the PDP is new I supposeCorreck.

[George Gervin's Afro]

They get their information from groups who do not use facts. Only distortions of numbers to help their views. H.Post D.Kos, NPR, etc.

Like media matters taking things out of context?:lmao Are you ever going to admit that MM does provide full contextual documentation? or are you just going to believe what you hear?

[spursncowboys]

Like media matters taking things out of context?:lmao Are you ever going to admit that MM does provide full contextual documentation? or are you just going to believe what you hear?
You overuse that ROFL icon.

[nuclearfm]

Remind me. Wasn't it a republican president and government who essentially forced war on their populace through lies and deceit, and racked up trillions of dollars in cost for a war the American people would not have supported in the first place, had they not been blatantly and explicitly lied to? Where are those promised WoMD again?

No, they need a link. You have to have a link to prove it's true.

[johnsmith]

No, they need a link. You have to have a link to prove it's true.

No, we need a link to prove that statements like the following are true:



Several economists and political scientists believe the GOP does this so the democrats will not be able to spend on anything. They'd rather help out their corporate friends first and charge it, so we're strapped in their interests.

[Shastafarian]

You overuse that ROFL icon.


Why so much of this attack at personal things. Why not go after what comments on my post?

[ChumpDumper]

The lie is that they lied.

Haven't you learned that yet?

If you can find a credible lie, please start the appropriate thread/title. Love to discuss it. However, I haven't seen any thing that constitutes a lie by the executive office. Just bad information.We know where WMDs are.

there is no doubt that Saddam Hussein now has weapons of mass destruction.

[coyotes_geek]

Like media matters taking things out of context?:lmao Are you ever going to admit that MM does provide full contextual documentation? or are you just going to believe what you hear?

I finally got around to checking out MM's website. They're just another partisan hack website like all the others.

Media Matters for America is a Web-based, not-for-profit, 501(c)(3) progressive research and information center dedicated to comprehensively monitoring, analyzing, and correcting conservative misinformation in the U.S. media.

So they're progressive and they're only interested in "conservative misinformation". Not exactly signs that this is going to be a source that anyone other than blue team cheerleaders will view as credible.

[Winehole23]

They do document one side of the controversy, so there's that.