Monday, July 27, 2009

CBO: Health Plan Won't Save

First, know that Politico.com is a very professional website that tries to be non-partisan but, if anything, leans slightly left. Second, know that the CBO or Congressional Budget Office is non-partisan but responsive to a Democrat-controlled Congress.

Knowing those two things, see this Politico.com piece that reports the CBO's analysis of the part of the President's health care plan that is designed to save money to pay for insuring the uninsured. Politico summarizes:
For the second time this month, congressional budget analysts have dealt a blow to the Democrat's health reform efforts, this time by saying a plan touted by the White House as crucial to paying for the bill would actually save almost no money over 10 years.
In other words, those of us who have income or savings will pay for the health care of those who, through improvidence, misfortune or sloth, have neither. Did anybody seriously think it could be otherwise in the redistributive world of Obama?