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07-20-2009, 09:40 AM
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Quote:
Last week, Douglas Elmendorf, the director of the nonpartisan Congressional Budget Office (CBO) sent shockwaves through Washington when he told Congress that the Democrats’ plans would make health care more costly. Throughout this debate, President Obama has spoken of the need to “bend the cost curve” or drive health care costs down. During a congressional hearing, however, Mr. Elmendorf testified that the Democrats’ plans would have the opposite effect, saying that under their proposals, “The curve is being raised” and costs would “significantly expand.” That’s because the Democrats’ plan adds a new layer of taxes, mandates, and bureaucracy on top of the current system. If that’s not bad enough, the Democrats’ plan cuts Medicare and takes away choices for millions of seniors. What does all of this mean? Higher costs for the medicine and treatments you need.
Not only will the Democrats’ government-run health care plan raise your costs, but it also will raise costs for our nation’s employers – particularly small businesses.
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http://news.yahoo.com/s/ynews/ynews_ts821
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