Thursday, October 08, 2009

It Will Still Raise Taxes

Family Research Council on the Senate version of the takeover of 20% of the Nation's economy.

.....The CBO managed to put the bounce back in Baucus's step after it announced that the Committee's idea would cost less than $900 billion over the next ten years without adding to the nation's monster $1.4 trillion deficit.

If the news sounds too good to be true, that's because it is. What the American people may not realize is that the CBO's score is only a partial estimate, because no one has seen an actual bill. The Committee and the Congressional Budget Office are working entirely from a concept. Even the CBO acknowledges that most of this is an educated guess. Its report warned of "significant changes" to the estimate when the language is finally released.

Tennessee Senator Lamar Alexander (R) urged voters not to be fooled by the CBO's report, which the Wall Street Journal blames on "new math." "What we know at this point is that [their idea] cuts Medicare, raises taxes, and increases insurance premiums for tens of millions of Americans. We need to see the actual bill... and know its exact [wording] before we begin a lengthy debate about whether it's the right direction for our country."

Senate Minority Leader Mitch McConnell (Ky.) dismissed the news altogether. "This Finance Committee proposal will never see the Senate floor," he said, "since the real bill will be written by Democrat[ic] leaders in a closed-to-the-public conference room somewhere in the Capitol." He's pointing out, as FRC has, that what comes out of the Senate Finance Committee is not nearly as important as the final product, which will be merged with the radical version from the Health, Education, Labor, and Pensions (HELP) Committee.

"The real bill will be another 1,000-page, trillion dollar experiment... that vastly expands the role of the federal government in the personal health care decisions of every American," Sen. McConnell said.

If the fine print of the Baucus plan actually existed, Americans might be surprised to see how the Committee plans to pay for its reform.

The Washington Times blog uncovered a "new mommy tax" that would help Uncle Sam cover costs. Sen. Baucus has recommended that the government hike taxes on Class II medical devices--which includes basic necessities like breast pumps, pacemakers, ventilators, wheelchairs, needles, and much more.

Wanda Moebius, a spokeswoman for the Advanced Medical Technology Association, just shook her head. "Health care reform is supposed to make it more affordable, not raising costs... on the end user."

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