Senate health overhaul cost put at $1.6 trillion

[Suspicious-Teach8788]

WASHINGTON - The latest cost estimates for health care legislation in Congress are around $1.6 trillion over 10 years, two Senate sources said Tuesday as concerns mounted over the price tag for the sweeping overhaul.

Two Senate staffers, one Democratic and one Republican, said Congressional Budget Office estimates put the cost of the Finance Committee version of the bill at around $1.6 trillion.

On Monday, the budget office said the Senate Health, Education, Labor and Pensions Committee version would cost $1 trillion over ten years and only cover about one-third of the nearly 50 million uninsured.

Moar here

Well, this was something we knew was coming in the election, but with the already bloated budget we're looking at on top of a bailout and stimulus, we're still pushing for this? I would've anticipated a major scaling back if not a delay, but it seems like we're going to... SPEND MORE! Yay!

Edit: Woke up this morning and couldn't even find my thread. NO WONDER.... because THE TOPIC GOT MESSED UP LOL... Thought a mod would've fixed this by now =P. I figure my selection on the article title got messed and warped to some other section and it came out as buzz words. Note to self: CHECK CLIPBOARD. Could've been a DOTA game name since I just finished a DOTA round before reading the news.


Edit 2:

Lawmakers unveiled bill to cover nearly all 50 million uninsured Americans

White House press secretary Robert Gibbs dismissed suggestions that the drive for health care overhaul had faltered, arguing that he heard similar dire warnings about the stimulus measure, the budget and a supplemental war spending bill ? measures that Congress eventually passed.

"We continue to put one foot in front of the other in the march toward health care reform," Gibbs told reporters.

He later added: "The president is not going to sign a health care bill that increases the size of the deficit."

ORLY? That sounds good on paper. Except... how will you do that?

 

[jpeyton]

Full steam ahead for UHC :thumbsup:

 

[Born2bwire]

U.S. news World news Business Politics Capitol Hill The White House More politics New York Times Chuck Todd Howard Finem

Your title is the domain squatter of P&N.

 

[SirStev0]

twah?

 

[Patranus]

so what, that 1.6 trillion dollars reduces the number of uninsured from 52 million to 36 million.
1.6 trillion dollars for 16 million people over 10 years.

What is that? A cool $100,000 per person? Sounds like a great plan.

Coming from the same guy who said unemployment would reach 8% if we don't pass the 800 billion dollar stimulus package...
Where are we sitting? 10%?

 

[Red Dawn]

Originally posted by: Patranus
so what, that 1.6 trillion dollars reduces the number of uninsured from 52 million to 36 million.
1.6 trillion dollars for 16 million people over 10 years.

What is that? A cool $100,000 per person? Sounds like a great plan.

Coming from the same guy who said unemployment would reach 8% if we don't pass the 800 billion dollar stimulus package...
Where are we sitting? 10%?

You think it'd be the same or less if they hadn't of passed that stimulus package?

 

[Patranus]

Originally posted by: Red Dawn

Originally posted by: Patranus
so what, that 1.6 trillion dollars reduces the number of uninsured from 52 million to 36 million.
1.6 trillion dollars for 16 million people over 10 years.

What is that? A cool $100,000 per person? Sounds like a great plan.

Coming from the same guy who said unemployment would reach 8% if we don't pass the 800 billion dollar stimulus package...
Where are we sitting? 10%?

You think it'd be the same or less if they hadn't of passed that stimulus package?

Well considering
http://pajamasmedia.com/richar...-unemployment-may2.gif

I would say that it was a complete failure and Obama should not be given a single cent for the rest of the year. His "playing around coin" is tapped out.

 

[Red Dawn]

Originally posted by: Patranus

Originally posted by: Red Dawn
You think it'd be the same or less if they hadn't of passed that stimulus package?

Well considering
http://pajamasmedia.com/richar...-unemployment-may2.gif

I would say that it was a complete failure and Obama should not be given a single cent for the rest of the year. His "playing around coin" is tapped out.

Nice graph, wtf is pajamasmedia and how does that answer my question?

 

[Nebor]

Originally posted by: jpeyton
Full steam ahead for UHC :thumbsup:

It's about time.

 

[Chunkee]

you have confused most of the pointy headed members of P&N with your title....this will anger them, their lives are small...they will need more clarification...run to change it.

 

[SP33Demon]

Your title sucks. And thank god we're finally getting UHC.

 

[xchangx]

Originally posted by: Patranus
so what, that 1.6 trillion dollars reduces the number of uninsured from 52 million to 36 million.
1.6 trillion dollars for 16 million people over 10 years.

What is that? A cool $100,000 per person? Sounds like a great plan.

Coming from the same guy who said unemployment would reach 8% if we don't pass the 800 billion dollar stimulus package...
Where are we sitting? 10%?

+1

 

[RyanPaulShaffer]

Originally posted by: jpeyton
Full steam ahead for UHC :thumbsup:

Full steam ahead for at least an extra $3 trillion in debt, more taxes and bigger government.

:thumbsdown:

 

[RyanPaulShaffer]

In response to the OP, your title is...wow. I just had to click on it because I had no idea what it was supposed to be about? Maybe that was the point? It seemed like you just grabbed a bunch of keywords and shoved them all into your title.

Edit: OP, you could have fit more buzzwords into a topic summary.

 

[NaughtyGeek]

Sorry chief but there's just no stopping it now. Too many dimwits out there willing to give control of your life over to the .gov. Welcome to post Constitution government in the U.S.A.. Personally, I can't wait for my properly portioned .gov mandated soylent green diet. MMMMM.

 

[techs]

WTF? Only 160 billion a year? Less than half the tax cuts for the richest 3 percent of Americans can give us Universal Health Care?

WTF? The OP has pwned himself!

 

[Fear No Evil]

If this turns out to cost only 160 billion dollars a year in 10 years I will put my testicles in a vice while setting them on fire and giving Harvey the chance to crank as hard as he would like.

I think my nuts are safe.

 

[NaughtyGeek]

Originally posted by: Fear No Evil
If this turns out to cost only 160 billion dollars a year in 10 years I will put my testicles in a vice while setting them on fire and giving Harvey the chance to crank as hard as he would like.

I think my nuts are safe.

LMFAO, but please refrain from such visuals lol.

 

[Patranus]

Originally posted by: Red Dawn

Originally posted by: Patranus

Originally posted by: Red Dawn
You think it'd be the same or less if they hadn't of passed that stimulus package?

Well considering
http://pajamasmedia.com/richar...-unemployment-may2.gif

I would say that it was a complete failure and Obama should not be given a single cent for the rest of the year. His "playing around coin" is tapped out.

Nice graph, wtf is pajamasmedia and how does that answer my question?

What, you want me to make my own graph? The graph is accurate.
CBS News good enough for you?
http://wwwimage.cbsnews.com/im...05/18/image5023340.jpg

I think it didn't make a difference and if anything it made it worse as it devalued the dollar.

 

[SunSamurai]

I totally trust government projections about cost. They are accurate and true like all the time.


Anyway back to the real world, tripple this if you want a good idea how much it will cost.

 

[MovingTarget]

:thumbsup: for UHC. It is time we as a nation got out of the dark ages on healthcare. A parallel public/private system is the way to go.

 

[OCGuy]

Originally posted by: aeternitas
I totally trust government projections about cost. They are accurate and true like all the time.


Anyway back to the real world, tripple this if you want a good idea how much it will cost.

The first real answer in this thread.



Republicans back in control after the dollar tanks, full steam ahead. :thumbsup:

 

[Fear No Evil]

Originally posted by: MovingTarget
:thumbsup: for UHC. It is time we as a nation got out of the dark ages on healthcare. A parallel public/private system is the way to go.

Yeah its time we got away from the world-class healthcare system we have now. :thumbsup: Three cheers for rationed care and a government employee deciding if your treatment is worth having!

 

[OCGuy]

Originally posted by: jpeyton
Full steam ahead for UHC :thumbsup:

Are you trolling or can you not read?


"On Monday, the budget office said the Senate Health, Education, Labor and Pensions Committee version would cost $1 trillion over ten years and only cover about one-third of the nearly 50 million uninsured."


1/3 of currently uninsured is extremely far from UHC. UHC would cover every citizen, if they have insurance currently or not.

 

[Strk]

Originally posted by: Patranus
so what, that 1.6 trillion dollars reduces the number of uninsured from 52 million to 36 million.
1.6 trillion dollars for 16 million people over 10 years.

What is that? A cool $100,000 per person? Sounds like a great plan.

Coming from the same guy who said unemployment would reach 8% if we don't pass the 800 billion dollar stimulus package...
Where are we sitting? 10%?

That's pretty pathetic. My insurance is one of those evil "gold-plated" union plans and it's still a quarter of the cost.

And people need to stop referring to this as UHC.