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Hyscience

'Reid bill a fiscal train wreck thinly disguised by every budget gimmick in the Democratic repertoire'

... The taxes start in 2010, but the entitlement in 2014. Doctors' Medicare fees are presumed to fall by more than 20 percent beginning in 2011. Hospitals and other providers would get less than inflation increases in their annual payment updates - forever. None of these assumptions stand up to the slightest scrutiny. And when the entire middle class gets on the subsidy gravy train, federal costs will soar.

Who will pay for all of this? Our children and grandchildren. They will be left to pay a debt burden of incalculable proportions.

Fair? Moral? Try explaining that to the next generation.

To add insult to injury, Reid's bill counts on forcing young, healthy Americans into the insurance pool to offset the costs of the older and less healthy who will flock to guaranteed and ultimately subsidized insurance. In effect, there will be a massive transfer from the young to the old.

Fair?

Draping health care reform in a mantle of moral imperatives does not disguise the basic facts. The actual bills in the House and Senate are not real reform - they do not lead to quality care at lower costs. The actual bills are not vehicles to greater choice and competition for those seeking insurance. And they are not fair. ...

[... Read commentary at Hyscience ...]

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