posted on Oct, 22 2013 @ 07:20 PM
reply to post by xuenchen
I heard on the way home a news broadcast that the rates would increase in 45 out of 50 states.
For men the rate increase would be 99% and for women it would be 62%... If those numbers are correct ( I had previously heard approx. 41%) then this
early stage of complaining is nothing compared to next year..
An people trust the government to ruin err run their lives? They can not even build a web sight at 600 million $ (should have been less than 1 million
to accomplish) but hey it is a government project.. Where is that $600 dollar hammer or the $800 dollar toilet seat...both sound like a better deal to
me... There should be people fired due to lack of oversight..
"The CBO does not provide formal budget analysis beyond the 10-year window, pointing out that any calculation made beyond 2020, 'reflects the
even greater degree of uncertainty' regarding those years. ... However, since program costs will be on an upward trajectory through 2019 (see Figure
9), it expects the cost of the program to continue to grow rapidly after 2019.
Moreover, as Figure 9 makes clear, most of the spending under this legislation doesn’t take effect until 2014. So the '10-year' cost projection
includes only 6 years of the bill. However, as Figure 9 shows, if we look at the legislation more honestly over the first 10 years that the programs
are actually in existence, say from 2014 to 2024, it would actually cost nearly $2 trillion.
CBO officially scored the bill as reducing the budget deficit by $138 billion over 10 years. Putting that in perspective, if true, it would amount to
roughly 62 percent of the total deficit that the federal government incurred in February of 2010 alone. ..."
As Figure 10 shows, adding the cost of the doc-fix, discretionary costs, and other costs that were not originally included in CBO’s score
to the legislation brings the total cost over 10 years of actual operation to over $2.7 trillion."
Of course those numbers are based on a projected number of people who sign up/// Government projected numbers do not have a very good track record of
being accurate IMO. Humm cost over runs come to mind..
edit on 22-10-2013 by 727Sky because: ...