Obama Plan To Cut Budget Deficit Includes $634 “Reserve Fund” For Creating Nationalized Health Care

• February 26, 2009

Because nothing says “fiscal responsibility” like adding a health care entitlement expansion that costs more than we’ve spent on Iraq in six years to a budget that already includes a $787 billion “stimulus” spending spree, bailouts for automakers and even more bailouts for the financial industry.

WASHINGTON (Reuters) – President Barack Obama’s budget outline for the 2010 fiscal year includes a 10-year, $634-billion reserve fund to help pay for his proposed healthcare reforms, a White House official said on Wednesday.
Half of the reserve would be paid for with new revenues and the other half would be funded by making the current system more efficient, for example by requiring competitive bidding in some areas of the Medicare program for the elderly, said the official.
The 10-year reserve fund would help finance Obama’s promised expansion of U.S. healthcare but would not fully cover the final expense of the reforms, said the official, who spoke on condition of anonymity.

“Competitive bidding in some areas of the Medicare program” is code for “let the government negotiate with drug companies for prescription drugs.” Which sounds innocuous enough until you consider how the government typically “negotiates.” Newly-appointed Ag Secretary indicated how it works recently when talking to meat packers about proposed country of origin labeling. Basically, it boils down to this: Do it, or we’ll make you do it.
The government mandating prescription drug prices might help Medicare limp along for a while longer, but in the long run it’s going to kill research and development into life saving new drugs. Because why should the drug companies invest the billions and years it takes to develop a new drug if they can’t make any money doing it.
And government “negotiating” with drug companies will run up prices on prescription drugs for those of us not dependent on government entitlements. Because what the drug companies lose in their “negotiations” with the government they’ll try to make up by charging private insurance companies and citizens more. Which, of course, will probably force more people onto government health care programs.
So win, win for the liberals, I guess, but it’s hardly good news for the country. Nor will Obama’s massive new spending on what amounts to government health care be good for the country.

Tags: Asshats, Domestic Issues, Politics

http://Array Buzz

The ones that will suffer the most because they need the greatest amount of health care per capita is us old folks who will find our health choices sharply limited and possibly rationed.

Too bad you weren’t union. We get our insurance paid when we retire. Thats a shame.
http://www.lawarticles.org/ globosy

You people are better in American
If you want to compare, Compare with another poor country
thejackle

Look at Canada’s and Euro’s “healthcare” system and you’ll see that it completely suck. That’s why when the rich over there, a.k.a. government officials, need anything done they come over here. Obama wants to duplicate their system which will bring our system into the sewers.
thejackle

Also with government run health care they will try and destroy all alternative health care.
docdave

Too bad you weren’t union. We get our insurance paid when we retire.

Again you don’t know what you’re talking about. I have insurance not that will do me any good if the government controls healthcare like in Canada, England and elsewhere. What I was comment on was AVAILABILITY which we know from reports in coutries with socialistic medical governance is spotty at best and may not be available at all. Two years ago I had to have open heart surgery. No waits, no problem. What you don’t seem to fathom is in a national healthcare system your union insurance won’t mean squat and you will be in the same line as anybody else waiting to receive needed health care.
thejackle

What we need to do is get rid of the government control of our daily lives. We DO NOT need it in healthcare.
Lioncourt

Per capita we pay more for healthcare than any other country in the world and we put the expense on business.

Explain to me how that is good for the economy?
robert108

Per capita we pay more for healthcare than any other country in the world…

And we get the best quality, availability and service. What’s your problem?
If we broke the govt-enabled monopoly of the AMA on training and certifying doctor and hospitals, and put privately-purchased health insurance on equal financial footing with employer-supplied health insurance(both paid for with pretax dollars), then got the govt out of the healthcare business, it would not only be better and less expensive(market forces do that, you know; look at computers), but it would actually be beneficial for the economy(thriving business creates economic growth).
The socialist mindset just doesn’t contextualize it the right way. Healthcare is a business, and it’s better for everyone if it prospers.
docdave

The ones that will suffer the most because they need the greatest amount of health care per capita is us old folks who will find our health choices sharply limited and possibly rationed.
http://www.valleydeals.com/cgi-bin/board2/YaBB.pl Kevin

It will only get paid until there aren’t enough fools left with the money to pay for it.
Good luck.
SigFan

DocDave

Two years ago I had to have open heart surgery. No waits, no problem.

Glad to hear that all went well for you. My dad had bypass surgery back in the late 70′s when it was still a pretty radical new thing. At the time they told him he may have bought himself 2-3 years of life. He screwed them all up when he lived for another 20 years! Under the plans that Hope-A-Dope and company are kicking around is the idea that some pissant bureaucrat in DC will decide whether or not an individual is worth the expense, since they’re already old and past their useful productive prime (probably retired and not paying taxes). I for one will not accept that and no other rational thinking human would accept that for themselves or their family. Thank God that Daschle got kicked to the curb, since he openly espoused these ideas. It remains to be seen whether his replacement will stay on that track, but I don’t doubt for a second that they’ll try.
http://www.willisms.com/ Zsa Zsa

Almost HALF of all our healthcare is already ran by the Government. We can see how well that is working out for US. WHY do we want more Government Healthcare? OH YEA! Because we have a brand new Socialist POTUS who says we NEEED it! No Thank You!!! Just say NO! Obama is leading US down a road of no return.
Mickey

I’ll type this very slow so you can read it better.

Slow down raj, Buzz is a union tool and reading comprehension isn’t required for a pay check.
raj58045

Give me a sec. to wrap my mind around this…technology, mass production and new manufacturing techniques have made computers cheaper.

I’ll type this very slow so you can read it better. The government didn’t make unrealistic demands on the computer industry in order to bring upon the advances in computers. Computers have evolved into what they are because the consumer showed an appetite for faster, more powerful computers and the industry continues to feed this appetite. An example of government interference retarding development would be your unionized auto industry. The government has its fingers all over this industry, forcing them to build certain types of cars, even though there isn’t a very good market for them. In the last 25 years, what kind of advances have the American auto industry made? Sure, we can make hands free telephones, GPS and call someone to unlock the doors for us, but are they any more efficient? No, they are not. I had a ’66 Chevy that got just as good mileage as our ’02 Pontiac. But the government interference was suppose to insure that higher standards were met.
mnconservative

Health care under gov’t control….Bad

Our medical records in a gov’t controlled database…bad, very bad.

Privatized anything is always a product of supply, demand, and price laws. Simple economics! Business majors at the freshman level learn this principle. That is why the computer industry continues to improve…privatized is alway GOOD! That should be simple enough for some on this board.
2Hotel9

Does Barri have a mouse in his pocket? He keeps saying “we”, I don’t think that word means what he thinks it does.
Buzz

then got the govt out of the healthcare business, it would not only be better and less expensive(market forces do that, you know; look at computers)

Give me a sec. to wrap my mind around this…technology, mass production and new manufacturing techniques have made computers cheaper. So getting doctors to invent new scalpels, and do more operations, faster per day will make health care cheaper?

You always make it so clear r108, how could anyone ever argue with you?
http://suitepotato.blogspot.com/ sayanything-4808

Nice to see that Buzz is as mean-spirited AND retarded as Dino. We really need to fix them up together.

Socialized health care will fail as everything else they try will. We’re well past the nation being in any frame to cooperate. Their own fear and anger and hate mongering (witness Buzz and Dino) has gone far too far. The public’s trust is eroding daily in not only them but the entire concept of governance.

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Obama Plan To Cut Budget Deficit Includes $634 “Reserve Fund” For Creating Nationalized Health Care

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