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US President Barack Obama said Saturday he had found more than 300 billion dollars that could help his government make health care available to all Americans.
The announcement means that the president’s health care reform project, estimated to cost around one trillion dollars, would be almost fully financed.
“And I have made a firm commitment that health care reform will not add to the federal deficit over the next decade,” Obama said in his weekly radio address.
He said that to keep this commitment, his administration had already identified how to pay for the 635-billion-dollar down payment on reform detailed in the budget proposal submitted to Congress earlier this year.
“So today, I am announcing an additional 313 billion dollars in savings that will rein in unnecessary spending, and increase efficiency and the quality of care - savings that will ensure that we have nearly 950 billion dollars set aside to offset the cost of health care reform over the next ten years,” the president pointed out.
Originally posted by FlyersFan
He 'found' 300 billion, but the health care would cost 1 trillion??
So according to Obama's math, it's covered?
And I have made a firm commitment that health care reform will not add to the federal deficit over the next decade
Originally posted by Frankidealist35
Wait a second-- let's just wait. How did he find this money?
"More details about public insurance and how lawmakers intend to pay for overhauling the health care system, which could cost more than $1 trillion, are likely to emerge this week when the Senate Finance Committee releases a draft bill. To ease concerns about cost, Obama said Saturday the administration could squeeze $313 billion in savings out of Medicare and Medicaid over the next decade."
The bill’s health rules will affect “every individual in the United States” (445, 454, 479). Your medical treatments will be tracked electronically by a federal system. Having electronic medical records at your fingertips, easily transferred to a hospital, is beneficial. It will help avoid duplicate tests and errors.
But the bill goes further. One new bureaucracy, the National Coordinator of Health Information Technology, will monitor treatments to make sure your doctor is doing what the federal government deems appropriate and cost effective. The goal is to reduce costs and “guide” your doctor’s decisions (442, 446). These provisions in the stimulus bill are virtually identical to what Daschle prescribed in his 2008 book, “Critical: What We Can Do About the Health-Care Crisis.” According to Daschle, doctors have to give up autonomy and “learn to operate less like solo practitioners.”
Keeping doctors informed of the newest medical findings is important, but enforcing uniformity goes too far.
Hospitals and doctors that are not meaningful users of the new system will face penalties. “Meaningful user” isn’t defined in the bill. That will be left to the HHS secretary, who will be empowered to impose “more stringent measures of meaningful use over time” (511, 518, 540-541)
Originally posted by mpriebe81
This bill is absolutely ludicrous, and I just cannot WAIT to bleed out in the ER waiting room while sitting in line behind 200 other people who are also dying.
Not to mention all of the poor uninsured bastards who will be refused treatment and die as well.
The Feds really seem to have gotten a handle on this population control thing, haven't they?
Originally posted by ElectricUniverse
No, he is taking $300 -313 billion dollars from medicaid, and medicare to pay for part of his new healthcare reforms.