Anyone Know: How The Final Health Bill Will Affect Seniors

President Lyndon B. Johnson signing the Medica...
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By Chuck Ring (GadaboutBlogalot ©2009).

Quote Freely From The Article – Leave The Pseudonym Alone

The answer to the question is, no one knows because there is no final bill, and there may not be a bill that is close to what Pelosi and Reid suggest out of conference, so, their meeting may not result in a combined bill. Perhaps (here’s hoping) their dreams and schemes will slip from their grasp and they will be relegated to casting more aspersions toward the other side of the aisle, or toward the progressives and other far-left leaning carpers.

There are some who try to make an attempt at answering the questions in the most monumental guessing game the world has ever seen, but however well-meaning they are, it won’t be over until the last reel runs to the end of the film. Dr. Sanjay Gupta, M.D. makes a stab at it as he speaks for CNN, but he doesn’t get there. You can see and hear him on this video from CNN News.

The doctor opens up more questions than he actually answers, but lets see what the Congressional Budget Office (CBO) has to say about the cost of Medicare for the future. This is from article from Bloomberg and it reports on how the CBO take Senators and some of their staffers to task on their contentions of savings from Medicare and the methodologies, i.e., formulae  used to arrive at various costs, plans and individual coverages. Here’s a final quote from the article:

To credit such projected savings as helping to extend Medicare’s solvency “ignores the burden that would be faced by the rest of the government later in redeeming the bonds held by the trust fund” to pay for future Medicare expenses, the budget office said.

Arguments that the Medicare savings would both extend Medicare’s solvency and help finance “new spending outside of Medicare would essentially double count a large share of those savings,” the CBO said.

Looks like there’s more mystery … than mastery.

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