Politico has a good round up of the Pelosi bill. After getting the initial news, there are several vital questions to answer.
1) What about the Doctor Fix?
That's currently not in the bill. That's a fix to make sure that doctors don't get serious cuts to their Medicare services. The projections are that the fix would cost $247 billion over ten years. It's not in the bill. The bill is supposed to be just under $900 billion. With the fix that puts the bill at about $1.1 trillion. So, will it be resolved or kicked down the road? If it's kicked down the road, when will it be resolved? If it's to be resolved, will its price tag be included in the bill?
2) How much will the fine be for not having insurance?
This is vital. If the fine is too onerous, that will a major tax to young people. If it is too weak, that gives everyone the option to not get health insurance until they get sick. Either way, there is a huge problem.
3) How big a fine will there be for companies not providing health insurance to their employees?
Once again, there are problems either way. If the fine is too small, then many companies will simply pay the fine and send their employees to the government. If it's too large, that's a massive tax on small and mid size businesses.
4) What kind of a shell game are you running?
This will cost about $900 billion over ten years. That doesn't include the doctor fix. So, how much does it really cost? It's also supposed to be deficit positive over ten years but runs deficits over the last five of the ten years. Yet, it doesn't get started until 2013. The taxes are collected right away. So, we have revenues for 10 years. We have expenses for seven years. For five of those seven years, when we have both, we run deficits. So, is the Speaker really saying that this bill won't run a deficit. That's a shell game.
5) What about abortions?
Congressman Bart Stupak is very concerned about this. What language will be in there to specifically not allow federal funding for abortions?
6) What about illegal aliens?
What sort of identification will be required to get government run insurance? Will there be specific safeguards to make sure that everyone is verified to make sure they aren't an illegal alien?
7) How exactly does any of this "bend the cost curve"?
This massive nearly 2000 page bill does a lot. What in this bill will bend the cost curve?
8)How many new bureaucracies will there be?
In H.R. 3200, there were 53. How many will there be in this bill? How many new regulators and bureaucracies are people comfortable with? How much will health care change with all these new regulators and bureaucracies?
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