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Old 07-02-2012, 05:52 PM
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Originally Posted by eweissenbach View Post
GlaxoSmithKline was fined 3 billion dollars for deceptive sales practices, and bribery.
Actually thanks for starting this.....I have been trying to find out the HOW DO WE PAY FOR THIS THING and it seems that it is very much BACKLOADED and there is great concern over that. Seems like in a few years is when the !@#$ hits the fan. Very complicated but I offer this from 2010 in the NY Times..

"“The C.B.O. process has now been so thoroughly gamed that it’s useless,” writes Megan McArdle of the Atlantic. She’s concerned about how many of the costs have been pushed to the tail end of the budgeting period, and that the excise tax on so-called gold-plated insurance plans won’t take effect until 2018:

The proposed changes increase spending dramatically, most heavily concentrated in the out-years. The gross cost of the bill has risen from $875 billion to $940 billion over ten years–but almost $40 billion of that comes in 2019. The net cost has increased even more dramatically, from $624 billion to $794 billion. That’s because the excise tax has been so badly weakened. This is of dual concern: it’s a financing risk, but it also means that the one provision which had a genuine shot at “bending the cost curve” in the broader health care market has at this point, basically been gutted. Moreover, it’s hard not to believe that the reason it has been moved to 2018 is that no one really thinks it’s ever going to take effect. It’s one thing to have a period of adjustment. But a tax that takes effect in eight years is a tax so unpopular that it has little realistic chance of being allowed to stand.

And, she asks, when you borrow from yourself, have you really saved money? “A disturbingly high percentage of the revenues still come from insurance premiums for other programs. About $53 billion of the net deficit reduction is from Social Security taxes collected on the wages people will now be getting in lieu of health care benefits. But since those contributions raise the amount Social Security will eventually have to pay out, the Republicans convincingly argue that this is not true ‘deficit reduction’; it’s just deficit shifting. Ditto the premiums for the new long-term care insurance.”

“Obamacare’s worst tax hike is the imposition of a new 3.9 percent Medicare payroll tax on capital gains and other investments,” adds the economist Larry Kudlow at National Review Online. “What will this do? It will depress the economy, depress wages, and depress jobs. Washington doesn’t understand that you can’t create jobs without new healthy businesses.”

Here’s a more surprising critic: Gov. Phil Bredesen of Tennessee, a Democrat, who sent a letter to two of his state’s members of Congress, Senator Bob Corker and Representative Bart Gordon, explaining the burden the reform bill would put on Tennessee’s coffers:


http://opinionator.blogs.nytimes.com...n-health-care/

Note the concern on a state level so before we begin to chastize these governors for playing politics only, perhaps we should take another look.
And that concern is from a Democrat


Also this is from 2010 but to my knowledge no changes have been made to this bill.

This gives a lot of pause to me anyway