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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (531873)	11/23/2009 12:48:41 PM
From: longnshort	Respond to of 1575556

"Not quite $978B in new taxes. More than half of that is from cost savings. But there are new taxes coming to pay for this, no doubt." what cost savings ?? Congress won't cut medicare, even the CBO knows they won't

To: RetiredNow who wrote (531873)	11/23/2009 1:41:20 PM
From: bentway	Respond to of 1575556

"Will risk of having to pay a $750 fine really result in them choosing to get insurance?" The fines go up from there, just as with auto insurance.

To: RetiredNow who wrote (531873)	11/23/2009 4:27:26 PM
From: Brumar89	Read Replies (1) \| Respond to of 1575556

It may be an rational economic choice, but tens of millions choose not to have it .... they're only concerned with their own pocketbook. Won't it be cheaper to pay a fine and go without insurance? If you get sick, you can always take out insurance once you're sick - you can't be denied anymore for pre-existing conditions - at least according to bentway. ----------------------- Re taxes, you said: will cost the government $848 billion over 10 years but this amount is more than covered by new taxes, resulting in a net reduction of the federal debt by $130 billion That says more than $848B in new taxes. ----------------------- As for cost savings, how is that going to happen?