WASHINGTON - President Barack Obama's health care overhaul law will increase the nation's health care tab instead of bringing costs down, government economic forecasters concluded Thursday in a sobering assessment of the sweeping legislation.
A report by economic experts at the Health and Human Services Department said the health care remake will achieve Obama's aim of expanding health insurance — adding 34 million Americans to the coverage rolls.
But the analysis also found that the law falls short of the president's twin goal of controlling runaway costs. It also warned that Medicare cuts may be unrealistic and unsustainable, driving about 15 percent of hospitals into the red and "possibly jeopardizing access" to care for seniors.
jpete wrote:Slightly off topic but not....has anyone seen Greece today?
Dann757 wrote:jpete wrote:Slightly off topic but not....has anyone seen Greece today?
http://www.bloomberg.com/apps/news?pid= ... mpIQJxYVNA
I don't really understand what is going on there. Everybody wants a high-paid government union job and there's no real euros to pay for it, and the rest of the European Union doesn't want to loan them more Euros? That they can't pay back because everybody lays back in the sun drinking wine and eating Gyros? Or takes three months off work because they feel exhausted? hahahahhaha is that european socialism?
jpete wrote:I think that is the specific plan Richard.
They have to make the current situation so bad that we beg for their alternative. Single payer was always the goal. This current plan is just a means to an end.
Slightly off topic but not....has anyone seen Greece today?
brckwlt wrote:and no i havent seen greece today, im sure it sucks there
jpete wrote:brckwlt wrote:and no i havent seen greece today, im sure it sucks there
This is what happens when you run out of money to pay all the public employees and pensioners.