The View From 1776
Thursday, March 04, 2010
Did Climate “Scientists” Structure Obamacare?
The President believes the crooks who manipulate climate data to present false conclusions, serving their own selfish interests. Maybe his gullibility extends to lies about the costs of Obamacare.
The following op-ed piece appeared in the Wall Street Journal’s online edition.
Dissecting the Real Cost of ObamaCare
The President’s own chief Medicare actuary says the Senate and House bills are bending the cost curve up.
By Congressman Paul D. Ryan
The following are remarks made by Congressman Paul Ryan of Wisconsin, the ranking Republican on the House Budget Committee, about the cost of the House and Senate health-care bills at President Obama’s Blair House summit on health care, Feb. 25:
Look, we agree on the problem here. And the problem is health inflation is driving us off of a fiscal cliff.
Mr. President, you said health-care reform is budget reform. You’re right. We agree with that. Medicare, right now, has a $38 trillion unfunded liability. That’s $38 trillion in empty promises to my parents’ generation, our generation, our kids’ generation. Medicaid’s growing at 21 percent each year. It’s suffocating states’ budgets. It’s adding trillions in obligations that we have no means to pay for . . .
Now, you’re right to frame the debate on cost and health inflation. And in September, when you spoke to us in the well of the House, you basically said