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

To: RetiredNow who wrote (539514)	12/30/2009 11:10:35 AM
From: i-node	Respond to of 1574658

So you think spending money on Part D was fiscally responsible, even though it was not paid for. I opposed Part D but in retrospect I think it is a pretty good program. The spending was implemented in a fiscally responsible way. I am not of the opinion that every time government spends money it has to increase taxes. The idea that every time you spend money you increase taxes is ridiculous, for a number of reasons. The only question is why do you think it's ok to pass health spending plans when it is GOP, but not when it is Dem. I As I've pointed out numerous times I did not support Part D. That said, from what I know of the current legislation, it is the worst piece of legislation in my lifetime, as it now stands. The House bill is worse than THAT. I don't oppose reform but I do oppose reform that will add costs to an already insolvent system, which is what this measure does.

To: RetiredNow who wrote (539514)	12/31/2009 4:19:24 PM
From: TimF	Read Replies (1) \| Respond to of 1574658

The CBO has scored it and says it will cut the deficit by $300B over the next 10 years. When you count tax increases as savings (when they are not, they are just a way to pay for something), and you start increasing the taxes almost right away, but don't start significant spending for several years, than its easy to get an estimate that the deficit will be reduced, esp. if the bill contains spending cuts that will likely never happen ("doc fix"). But the estimate is somewhat questionable even with the parameters the CBO has to use, and when you consider the structure of the bill combined with those parameters its basically meaningless.