Too good to check: Rep. Joe Barton says CBO score will exceed … $1 trillion

posted at 4:41 pm on March 17, 2010 by Allahpundit

I’m skeptical, but commenters in the Pelosi thread are buzzing so let’s have at it.

health care issue is still up in the air…..the Congressional budget office score has come in at over 1 trillion $..yes …..1 trillion……if the bill is not posted by 6 pm today< we cant vote on it saturday...stay tuned

Steve Hayes of the Weekly Standard is hearing the same thing. So why am I skeptical? Well, (a) by law, the reconciliation fix has to reduce the deficit above and beyond the reduction already provided for in Reid’s Senate bill — which cost less than a trillion. It’s technically possible for a more expensive bill to produce greater long-term savings, but I’m keen to see how they played with the, ahem, revenue-raising provisions to do it. And (b) even if they can make the numbers work for reconciliation, The One has said all along that he wants a bill that costs in the neighborhood of $900 billion. No surprise that he’d be willing to break yet another promise to pass this clusterfark, but it’s not his credibility that’s on the line right now; it’s the credibility of Democratic fencesitters, who need some sort of fig leaf on costs that they can take back to their districts. As moronic as it may sound, a $950 billion bill is easier to sell than a $1 trillion one (that’s why gadgets are priced at $99.99 instead of $100), to the point where I would have considered it a mortal lock that the leadership would game the numbers so that they come in at $900-and-change. According to the GOP whip count, it’s 204 yes, 209 no, with 18 left to decide things. Is Pelosi really going to hang a pricetag with 12 zeroes around their necks before they vote?

We’ll have the numbers soon. Stand by.

Update: Like I was saying about those revenue-raising provisions

AFL-CIO President Richard Trumka is headed into a meeting with President Obama this afternoon after the White House and Congressional leaders have begun to discuss a higher-than-expected excise tax on some health care plans, in order to maintain their claim that health care legislation will reduce the deficit, a source involved in health care talks said.

Any unexpected change to the health care plan could endanger support for the bill from labor, which agreed to back it after reductions to the planned excise tax.

Related Posts:

Breaking on Hot Air



Trackback URL


Via Instapundit, here’s the link to Mark Levin’s lawsuit:

Mary in LA on March 17, 2010 at 6:17 PM

AP I know this will come as a shock to you since you are such a defender of BO, but he lies. So does Nancy. They don’t care how much it costs. They don’t care if there is language in that bill that the first born child of every American is to be tortured and then killed. They just want the damned thing passed.

Jdripper on March 17, 2010 at 6:42 PM

Let’s take a look at the numbers:

– The latest CBO estimate of the Senate version of PlaceboCare is that the “gross cost” was $875 billion over 10 years, with a net “reduction” of deficit of $118 billion over 10 years.

– The new cost, if the above is right, is at least $1,000 billion.

– In order to qualify for Wreckonciliation, the Dems will have to come up with a minimum of $126 billion (or $1 billion more than the increased cost) in “savings” or new taxes.

steveegg on March 17, 2010 at 7:16 PM

Obviously most of these morons have never had to balance a check book, pay bills like normal people, or live paycheck to paycheck.

So what do these morons do? Run up an impossible debt that will take YEARS, and YEARS to balance, out, and stick us with the bill.

Thanks for nothing!!!

capejasmine on March 17, 2010 at 7:23 PM

BTW, I believe we can scratch Saturday for the vote (unless, of course, SanFranNan ignores the 72-hour pledge) – I have 6:30 pm here in Wisconsin, and still no indication that either the CBO has scored this or the Rules Committee has cobbled together the actual Wreckconciliation bill.

steveegg on March 17, 2010 at 7:31 PM

I want to know the qualifications of the CBO that they can look into the future and decide who will spend these health care dollars and just how much they will spend?

It’s all a freaking guessing game!!!
If health care becomes free it will go bankrupt! Quote me!

I have plenty of experience with Medicaids who know how to bleed the system even to the point of calling 911 for an ambulance when they need a ride! or asking for a script for tylenol so they do not have to pay for it.

Buckeye Babe on March 17, 2010 at 7:37 PM

And as I typed that, our friends at The Daily Caller report Wreckonciliation won’t be scored or released until tomorrow at the earliest.

steveegg on March 17, 2010 at 7:38 PM

The dhimmicrats just don’t care about rules. Just remember, turnabout is fair play.

Mojave Mark on March 17, 2010 at 7:57 PM

At this point, I’m thinking the reconciliation fight is a canard.

Regardless of whether the House votes to pass the senate bill, or deems that it passed for a Rec vote, the Senate bill will have been passed, and will be sent to the president’s desk. Given how nasty things have already been for the dems, and how ugly a reconciliation fight is likely to be, I don’t think they’ll think it’s worth the trouble.

Voyager on March 17, 2010 at 10:38 PM

I have no words for this. I can’t believe I am witnessing the US congress contort itself with its own rules to try and pass or deem, take your pick, this awful bill.

tommer74 on March 17, 2010 at 11:47 PM