I read an article that I saw on politico.com about a person’s view on the Obama Healthcare plan. I think that the Arthur of this article was looking at the Obama Healthcare plan from both democratic and republican sides. He also has done research on the topic and is continuing to follow the progress. Here is an over view of what Michael Kinsley wrote on the Obama Healthcare plan.
From the republican checklist of what’s wrong with Obama care: after computing the cost compare six years of expenses with ten years of revenues. Since most of the important benefits don’t kick in until 2014, the health reform program has an extra four years (2010-2014) to collect money before it has to start paying out. After the first ten years is up (government costs and revenues are usually reported over ten year periods), and every years income is compared with every year’s outgo. The Obamacare will actually reduce costs and save the government over ten years. Apparently the accounting is phony, the democrats are giving themselves a four year head start. Since the new revenues from health care reform are inextricably tied in with the costs- penalties for not carrying insurance and so on. If it’s not required that everybody carry insurance there can’t be a penalty for not carrying it, can there? If you go to the Congressional Budget Office documents, you see that the CBO estimates that the revenue from penalties on corporations and individuals for not carrying insurance is exactly $0 for the first four years. Total revenues from all sources for the first four years are $32 billion, out of a total for the first decade of $525 billion. To be sure, that democrats have their own flimflammery. Like most government programs, especially entitlement programs, it’s a good bet that this will cost more than anybody’s current estimate. The CBO has said that Obamacare will actually save the government money (that is reducing the deficit) over its first ten years. It’s about honesty.
I would have to agree with Michael on his view of the Obama Healthcare plan. He is looking at the plan from both political parties. There should be a balance and fairness between the two. I enjoyed reading the article, and I hope you do as well. I liked looking at a large topic that will affect the United States for years to come through someone else eyes and thoughts. This just gave me a new prospective on the Obama Healthcare plan, and has made me more interested in following the process.
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