"We do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount," Douglas Elmendorf, director of the nonpartisan agency, told the Senate Budget Committee today. "On the contrary, the legislation significantly expands the federal responsibility."
Would single payer push costs down with its leverage? Seems to work in Canada.
Will the four year delay written into pending legislation in enacting Public Option increase the likelihood of its demise?
Elmendorf’s testimony raises questions about the level of savings that lawmakers will be able to achieve. He said the plan by the Senate Health, Education, Labor and Pensions Committee would worsen the overall outlook for the government’s budget, and a review so far of the House proposal hasn’t found change "of the order of magnitude" needed to make up for increased insurance coverage costs.
So they can just tax the rich more, right? Right Nancy? Right? Nancy? Nancy!
House Speaker Nancy Pelosi today signaled that her chamber may scale back a proposed a tax on the wealthiest Americans after the idea drew fire from Republicans and members of her own party. The plan called for a surtax on annual incomes of more than $350,000 that graduated to a 5.4 percent surtax on couples making more than $1 million a year.
Harry? What sayeth you esteemed one?
Asked about Elmendorf’s comments, Senate Majority Leader Harry Reid said, "what he should do is run for Congress."
Fucking brilliant. Sadistic mommy and daddy.
It's time to emancipate ourselves and score Single Payer.