Comment

Quackwatch Founder Launches Site to Debunk Health Care Reform Myths

108
JohnnyReb9/09/2009 10:47:43 am PDT

I just want to know how the Fed is going to pay for the 40+ million uninsured they intend to cover. One way or another there will be a public option if something gets passed. It may be called a co-op or something similar but it will be a public option and there will be a huge price tag with it. No one and I mean no one has really addressed that part of the plan other than some vague promises and complicated explanations that everything will be revenue neutral.

CBO estimates nearly $1 trillion over the first ten years. And they have a habit of under estimating long term costs, in real terms it will be way more than that. Where is that money going to come from? Medicare/Medicaid are effectively bankrupt, social security has over $15 trillion in unfunded liabilities over the next 10-15 years and these costs are not being addressed, but we are roaring down the pike to add yet more debt to the nation.