Prediction: More Progressive Financial Slight of Hand Coming This Week
The healthcare disaster is advertised to come to a head later this week when Obama and the Democrats will make their last push to try to strangle America with the Senate bill. I personally called the offices of 42 Democrats in Congress last week to find out where they stand and to voice my opposition to the pending bill. The most common response I received was “he (or she) is undecided at present and is waiting for the CBO scoring on the package’s cost”. Probably understandable since all of my calls were made to so called “Blue Dogs”.
There’s no guarantee that I’m correct in my thinking, but I’m pretty confident that this is how the CBO scoring will play out in the media:
• The overall cost of the bill as determined by CBO will be significantly less that any previous cost estimate and the White House will be shouting that from the rooftops and on every MSM outlet.
That would appear to be a very good thing to those in Congress who are actually concerned about the ballooning spending and deficits. But, if I’m right, here is how this “savings” is going to be produced:
• Obama, Reid, and Pelosi have recently decided that the federal government should take over the entire American student loan program, i.e., banks and private businesses will not longer fund such loans. Instead, the fed will directly fund all such loans going forward. I do NOT believe it, but according to Congress, this will save the government billions and billions of dollars. This will be included as part of the “reconciliation fix” of the HC bill in the Senate.
• The CBO is being asked, then, to score the combined HC bill along with the student loan legislation. If, in fact, the loan bill does result in cost savings, these savings will be used to disguise the real cost of the HC fiasco. My guess is that the MSM will not even investigate what’s behind the numbers. This, despite the fact that these two takeovers have absolutely nothing in common.
While I disagree, even in principle, with the government’s takeover of student loans, if that action does actually reduce federal costs and deficits, then PASS IT ON ITS OWN. Do not tie it to HC just to further pull the wool over America’s eyes.
I know it’s risky making a prediction such as this, but in the past year I’ve become so convinced that this Administration will do anything, and I mean anything, to save their HC agenda, that I feel like everyone should at least be aware that we may yet again, be being “played”.
If it turns out that I'm wrong about the approach the Admin is taking on this issue, I will retract and apologize, but until then....
The healthcare disaster is advertised to come to a head later this week when Obama and the Democrats will make their last push to try to strangle America with the Senate bill. I personally called the offices of 42 Democrats in Congress last week to find out where they stand and to voice my opposition to the pending bill. The most common response I received was “he (or she) is undecided at present and is waiting for the CBO scoring on the package’s cost”. Probably understandable since all of my calls were made to so called “Blue Dogs”.
There’s no guarantee that I’m correct in my thinking, but I’m pretty confident that this is how the CBO scoring will play out in the media:
• The overall cost of the bill as determined by CBO will be significantly less that any previous cost estimate and the White House will be shouting that from the rooftops and on every MSM outlet.
That would appear to be a very good thing to those in Congress who are actually concerned about the ballooning spending and deficits. But, if I’m right, here is how this “savings” is going to be produced:
• Obama, Reid, and Pelosi have recently decided that the federal government should take over the entire American student loan program, i.e., banks and private businesses will not longer fund such loans. Instead, the fed will directly fund all such loans going forward. I do NOT believe it, but according to Congress, this will save the government billions and billions of dollars. This will be included as part of the “reconciliation fix” of the HC bill in the Senate.
• The CBO is being asked, then, to score the combined HC bill along with the student loan legislation. If, in fact, the loan bill does result in cost savings, these savings will be used to disguise the real cost of the HC fiasco. My guess is that the MSM will not even investigate what’s behind the numbers. This, despite the fact that these two takeovers have absolutely nothing in common.
While I disagree, even in principle, with the government’s takeover of student loans, if that action does actually reduce federal costs and deficits, then PASS IT ON ITS OWN. Do not tie it to HC just to further pull the wool over America’s eyes.
I know it’s risky making a prediction such as this, but in the past year I’ve become so convinced that this Administration will do anything, and I mean anything, to save their HC agenda, that I feel like everyone should at least be aware that we may yet again, be being “played”.
If it turns out that I'm wrong about the approach the Admin is taking on this issue, I will retract and apologize, but until then....
Comment