From Michael Tanner of Cato via CoyoteBlog:
When the Senate Finance Committee released CBO scoring of its health care reform proposal last week, we warned that its claim of reducing future budget deficits was achieved only through dishonestly assuming that Congress will implement a 21% reduction in Medicare payments that is scheduled under current law. We pointed out that Congress has been supposed to make those reductions since 2003, and never has. Now—surprise, surprise—Democrats have introduced a bill to eliminate the scheduled cut, at a cost of $247 billion. But Democrats cleverly are putting the new spending in a separate bill, so it won’t change scoring of health care reform. Have they no shame?
This, according to Coyote, is just the first of three parts of how the Democrats are trying to make reform look like a money saver. The 2nd part is shift costs to the states. And the third part is to collect 10 years of extra taxes for 7 years of benefits.
