Author Archives: garyrlake

GOP cites new CBO letter, but will it matter?

( – promoted by EaBo Clipper) Fox News is reporting that several GOP Senators are citing a new CBO letter that claims original estimates for the Health Care Bill “double-counted” revenues and that the bill will actually increase the deficit. Fox News
In his letter to Sessions, Elmendorf wrote that government counts money two ways, either through trust fund accounting,…

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Nelson is now a yes

According to an AP story in USA Today, Sen Nelson plans to support the healthcare bill http://www.usatoday.com/news/w…
WASHINGTON (AP) – Democratic officials say Sen. Ben Nelson intends to support health care legislation backed by President Barack Obama, giving the measure a 60th and decisive vote. These officials say the conservative Nebraska Democrat will make an announcement later Saturday. Marathon negotiations…

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Change of agenda?

This from today’s politico.com http://www.politico.com/news/s…
President Barack Obama plans to announce in next year’s State of the Union address that he wants to focus extensively on cutting the federal deficit in 2010 – and will downplay other new domestic spending beyond jobs programs, according to top aides involved in the planning. The president’s plan, which the officials said was under…

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A view from the West Coast

From today’s LA Times….
Lessons from the Massachusetts healthcare experiment

Thanks to the state’s major overhaul three years ago, 96% of residents are covered. But lawmakers avoided taking on cost controls, and people are paying the price.

And at least some Massachusetts residents who buy their own coverage are paying less. But at the same time, health insurance premiums for…

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Why the CBO’s numbers may be off

Well this is an interesting trick.  If what Redstate.com is posting is true, there may some financial slight of hand with their latest scoring of the “Vapor Bill”. How anyone can claim to accurately predict costs ten years into the future baffles me…must be quite a few assumptions about economic growth, inflation, and a few dozen other criteria that must…

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