Sources: Senate health overhaul costs top $1.6T

WASHINGTON – The latest cost estimates for health care legislation in Congress are around $1.6 trillion over 10 years, two Senate sources said Tuesday as concerns mounted over the price tag for the sweeping overhaul.

Two Senate staffers, one Democratic and one Republican, said Congressional Budget Office estimates put the cost of the Finance Committee version of the bill at around $1.6 trillion.

On Monday, the budget office said the Senate Health, Education, Labor and Pensions Committee version would cost $1 trillion over ten years and only cover about one-third of the nearly 50 million uninsured.

The staffers who disclosed the latest estimates spoke on condition of anonymity because of the sensitivity of negotiations over the legislation.

http://tinyurl.com/mu6tjx

It appears the CBO is stating that this bill will increase the deficit by $1 trillion but the total estimated cost will be the $1.6 trillion figure. The proposed taxes in the bill will only fund $600 billion of it.

In a nutshell, the Messiah and his minions want to spend $1.6 trillion to reduce the number of people that have no medical insurance by 16 million, that’s $100,000 per person. As above posters have stated, this estimate is likely well below what the actual cost will end up being.

The a**clowns currently in charge of the asylum have completely lost their minds..!!

The doctor who was assigned fell asleep twice while she was at his clinic. It took 4 months to get a new doctor and the only way I was able to do it was to call my local state representative and ask whether I was living in Russia.

I waited five months for a procedure on my back. In the meantime, I could not drive or work much, and pretty much ate pain pills.
I plan to complain about the pain, which will return, BEFORE it comes back. Because it will come back, probably around Christmastime.

I used to work in that industry. No gray area, a person is either totally legit or a total scam artist, and I believe most are taking advantage of the system and having a good time about it.

Actually, there is quite a bit of competition for the bottom of the government medical program barrel.

- Medicare
- Medicaid
- Workman’s Comp
- VA
- numerous federal and state programs for low-income health insurance

Medicare and VA are probably the “best” but is a dubious honor.

Why don’t Republicans publicize some of those disasters? (asked and answered….because they are equally responsible for them.)

“In the Ukraine we had state mandated national health care system and it doesn’t work. In US Medicare is the most expensive program and the least effective medical program available. What are they thinking?”

If I’d been a physician in attendance, I’d have gotten up and walked out.

That speech was disturbing and the arrogance shines through.

The bottom line is many people over 50 who read this website will die before their time. They won’t be able to get medical treatment unless they bankrupt their families…..and even then, maybe not.

And the only reason I cut it at 50 is that this tragedy will be reversed in 20 years when people see how many of their loved ones have been killed so that illegal aliens can have free (for them) health care.

Deficits, that means the $1.0 trillion represents an unfunded liability and does not include the cost that will be covered by increase in taxes and “cuts” to Medicare. The true cost will be at least 296 billion more than that. And it would not even be effective, only resulting in “net decrease in the number of people uninsured would be about 16 million.” That just over 1/3 of the 47 million uninsured we hear about every day. That is ludicrous.

They also can’t add, the “employer subsidies” adds to 62, not 60. But what is 2 billion dolllars among friends?

Somebody please stop the madness! Democratic voters have to be the dumbest people on the planet to buy into this BS.

Why doesn’t someone ask how much Kennedy’s recent treatment cost the tax payer? Under Obama’s proposals Kennedy would have been left to cash in his chips if his only medical option was “universal health care”. Instead, we let this worthless piece of skin WRITE THE PLAN! How stupid is that??!!