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

To: DuckTapeSunroof who wrote (45420)	9/1/2010 11:57:42 AM
From: TimF	Read Replies (1) \| Respond to of 71588

Following that link explains it. The explanation is that the CBO isn't saying that repealing the recent health care law would cost $455bil. Its saying that repealing the parts that of the bill that have been estimated to reduce spending on Medicare, Medicaid, and CHIP, while keeping the rest would raise deficits by $455bil. That's a very different point. Simply put the CBO is NOT saying repealing the law would raise deficits by $455bil dollars. Those savings are one of the least likely (out of all the major points that are in the bill, that supposedly save money) to actually happen. Part of those savings come from reducing compensation to doctors in ways that are problematic and will probably be repealed or at leas reduced. Partially they come from asserting that there will be a large increase in productivity in medical care after the signing of the bill, without giving us any good reason to think that such an increase will actually happen. So repealing these portions, might just be recognizing reality, and might not really increase the deficit at all, but the CBO is not tasked with estimating how likely certain provisions will actually happen, it has to take the law as written, accepting all its assumptions, and assuming that any point in it will actually happen as the written bill or law says.