Study: Bush Tax Cuts Cost More Than Twice As Much As Dems' Health-Care Bill

[JohnWxy]

http://crooksandliars.com/susie-madrak/study-bush-tax-cuts-cost-more-twice-m

from Susie Madrak's blog .. this is must reading:

graphic:

Citizens for Tax Justice point out what I was saying just the other day: We only hear all this crying and moaning about the deficit when it's something for regular working people, and not a powerful lobby. And of course, the Republican'ts are right out there in front of the Hypocrisy Parade:

And yet, many of the lawmakers who argue that the health care reform legislation is “too costly” are the same lawmakers who supported the Bush tax cuts.

Their own voting record demonstrates that health care reform is not a matter of costs, but a matter of priorities.

It’s difficult to see how the Bush tax cuts could provide us with two and a half times the benefits of health care reform. In 2010, when all the Bush tax cuts are finally phased in, a staggering 52.5 percent of the benefits will go to the richest 5 percent of taxpayers.

(more)
-----------------------------------------------------------------------------------------------------------




The Bush Tax Cuts Cost Two and a Half Times as Much as the House Democrats’ Health Care Proposal - Citizens for Tax Justice

Newly revised estimates from Citizens for Tax Justice show that the Bush tax cuts cost almost
$2.5 trillion over the decade after they were first enacted (2001-2010).1 Preliminary estimates from the
non-partisan Congressional Budget Office show that the House Democrats’ health care reform legislation
is projected to cost $1 trillion over the decade after it would be enacted (2010-2019).2
(more)
-------------------------------------------------------------------------------------------------------------------------------------

...BUT! ...the CBO numbers do not net out the costs currently paid by the government to reimburse hospitals and doctors for uncompensated care (for the uninsured), which when extrapolated through 2010 - 2019 come to $816 billion. Once the uninsured are covered these cost would no longer be incurred. They would be covered by the insurance policies.__JW

[LaPera]

1. The idiot uninformed "Teabaggers" are NEVER reminded of this by the slimy republicans-I wonder why?

I don't really wonder, I know why!

[mod mom]

2. They don't even care an iota about facts-it's all about hating "libruls" & Obama.

[man4allcats]

3. Excellent post! Bookmarked and K&R.

Thanks!

:kick: