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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (42319)	3/23/2010 9:31:25 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 71588

Re: "adds a lot of federal spending." (And reduces the federal deficit by well over one Trillion dollars in the second decade, over what it otherwise would have been, according to the C.B.O. analysis....) Re: Its not really "paid for" Since AT LEAST half, (or a bit more), of the program's federal revenue is simply being TRANSFERRED from the currently on-going federal subsidy for Medicare Advantage then... by anyone's calculations that means that AT LEAST HALF of the program's federal costs are CERTAINLY not new spending! (But you can quibble about all the other little revenue items that together add up to cover the other half of the cost. However, according to the C.B.O. and the G.A.O. it is "paid for" and it does reduce the projected federal deficits). And --- by any stretch of the imagination! --- it is SURELY much less deficit financed then President Bush's two biggest spending items: the Medicare part D entitlement and the twin foreign wars, which were ENTIRELY financed by federal borrowing and higher deficits... with zero dedicated revenue sources provided for either, and costs well over one Trillion....