Senate Majority Leader Harry Reid unveiled his 2,074 page health care bill with claims that the massive measure falls under the $900 billion cost threshold promised by the President. To put it charitably, the truth is more complicated. The bill depends on budget gimmicks and unrealistic assumptions and projected savings …
Next week, the House of Representatives is scheduled to take up a bill (H.R. 3961) which would enact a permanent “fix” to the unquestionably flawed Medicare physician payment update formula. The Congress created a formula for physician Medicare payment that would automatically cut doctor payments, but has routinely acted to …
Speaker Nancy Pelosi’s (D-CA) health care plan presumes that about 8-to-14-million American workers will pay fines rather than buy health insurance. Unless they do, there’s a $167-billion hole in her financing plan and everything falls apart. Like the rest of us, this group would face higher-than-ever insurance prices under Pelosi’s …
On June 26th of this year, the House of Representatives narrowly passed H.R. 2454, the American Clean Energy and Security Act. More commonly known as the Waxman-Markey bill (named after bill sponsors Reps. Henry Waxman (D-CA) and Ed Markey (D-MA), the 1,427-page bill tries to control global temperatures by creating …
The Washington Post reports: Congressional budget analysts have given House leaders cost estimates for two competing versions of their plan to overhaul the health-care system … The report from the Congressional Budget Office, a copy of which was obtained by The Washington Post, puts the cost of one plan at …
On Friday, the last day before a long weekend due to Columbus Day and on the eve of the Finance Committee vote, the Congressional Budget Office revealed some new information about the affect of the Baucus plan on premiums for health insurance. Surprise! After the Senate Finance Committee worked on …