Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RetiredNow who wrote (557293)	3/27/2010 10:10:07 PM
From: Tenchusatsu	Read Replies (2) of 1575140

Mindmeld, one problem with the CBO's estimates is that they don't take into account the unintended consequences of the bill, of which there will be tons. They are obligated to make their estimates, "all else being equal." But the additional taxes are already having an impact on the bottom line of companies such as AT&T. Plus (and here's the big one) the bill forces much of the cost onto the private health insurance providers. One example is the requirement to not turn down anyone with "pre-existing conditions." Health insurance will have to raise premiums on everyone else. That's a (not so) hidden cost that the CBO doesn't have to account for. Not only that, but the CBO has to assume that the less desirable parts of the bill aren't going to be touched. Already Pelosi is talking about making up for the cuts in Medicare: blog.heritage.org The bottom line is this, Mindmeld. Ask yourself whether you want to put money on the CBO's estimates being accurate. I doubt you would. Tenchusatsu

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next