While Democrats and their lock-step lickspittles are just plum “giddy” about the CBO numbers saying that the Pelosi reconciliation bill will cut the deficit, more sober analysts are pointing out some uncomfortable facts to the Democrats, you know, like, well, these numbers are based on a lot of estimates.
Paul Ryan, the ranking Republican on the House Budget Committee, remarked:
The Congressional Budget Office has confirmed that there is currently no official cost estimate. Yet House Democrats are touting to the press – and spinning for partisan gain – numbers that have not been released and are impossible to confirm.
(H/t: Ed Morrissey.) And Ryan’s not the only one to wonder how a new federal government entitlement could save money which would mean it would do something a federal social program has never done before.
Our reader Sonicfrog, his head not buried in Iliad scholarship, has had the time to look more closely than I at the bill and the CBO analysis and shows just how it burdens small business. He also points out something about the CBO analysis that those giddy Democrats just don’t want you to notice:
In the MSNBC article that came out today, concerning the CBO assessment, I noticed this paragraph:
Hospitals and doctors, drug companies and insurers would gain millions of new paying customers, but they would also have to adjust to major changes. Medicare cuts would force hospitals to operate more efficiently or risk going out of business.
Uh Hu. There is already a shortage of hospitals and emergency rooms across the country, and many are currently surviving by the skin of their teeth, operating on a bare bones budget. An increase in medical coverage will increase the demand for these facilities. So the government will allow struggling hospitals to go out of business, especially if the reason they go out of business can be tied to this government regulation?
Read the whole thing. In other words, to get to the budget savings, Nancy Pelosi and her colleagues plan on cutting Medicare which will burden hospitals now dependent on such government largesse. So, some will out of business and we have fewer hospitals (thus less health care).
The more people know about this legislation, the less they’ll like this. No wonder Democrats are rushing to vote on it, trying to get this done on a weekend when most people spend their time spending time with their families and enjoying their favorite past times.