Health Care Repeal Will Expand Deficit by $200 Billion Plus

The reality show celebutant addled public with an assist by a subservient corporate media machine helped elect a cheap labor majority in the US House of Representative and they ran on several points that included repealing the Affordable Health Care for America Act and cutting the deficit, it looks like if they repeal health care reform it will blow up the budget.

As ThinkProgress summed up the findings from the CBO, the GOP’s H.R. 2, the Repealing the Job-Killing Health Care Law Act would not only lead to higher out of pocket costs, reduced benefits and saddle employers with higher premiums. Over the next 10 years and beyond, budget-busting Republicans if successful would unleash a flood of red ink:

“Consequently, over the 2012-2021 period, the effect of H.R. 2 on federal deficits as a result of changes in direct spending and revenues is likely to be an increase in the vicinity of $230 billion, plus or minus the effects of technical and economic changes to CBO’s and JCT’s projections for that period…”

“Correspondingly, CBO estimates that enacting H.R. 2 would increase federal deficits in the decade after 2019 by an amount that is in a broad range around one-half percent of GDP, plus or minus the effects of technical and economic changes that CBO and JCT will include in the forthcoming estimate. For the decade beginning after 2021, the effect of H.R. 2 on federal deficits as a share of the economy would probably be somewhat larger.”

For his part, Rep. Cantor remains unencumbered – and undeterred – by the truth.

CBO: GOP Health Care Repeal Adds $230 Billion to Deficit

And what I don’t understand is why would elected officials be against lower premiums and better care from health care providers and insurance.

That’s the thing only crazy people like the tea bagger GOP would support worse health care and out of control costs.

Ohio GOP sweep tied to low Democratic voter turn out

A report released by the University of Akron’s Bliss Institute of Applied Politics maps out the Republican sweep of Ohio statewide offices and the open US Senate seat in 2010. The report, which includes maps, show the percentages of votes and turn out compared to the results in 2006. The numbers show that the turn out by Democrats was much lower in 2010 and that helped the GOP with their sweep.

“The pendulum has swung, this time in favor of Ohio Republicans,” John Green, Bliss Institute director, said in a press release. “Low voter turnout across the board and a poorly performing state economy contributed significantly to the 2010 Ohio Republican sweep.”

Akron U report maps GOP wins in November; contrasts results with 2006

It is clear that there was less voter turnout in 2010 than 2006 in almost every county. The East-West pattern emerges again in this map. There was, in general, less of a drop in voter turnout in the Republican-leaning western regions of the state as opposed to the Democratic-leaning eastern regions of the state. This indicates that Democratic-leaning counties had less-enthused voters compared to those counties that tend to lean Republican. It helps to explain why Democrats did so well in the 2006 state-wide contests and fared so poorly in the 2010 election.

Mapping the Republican Sweep: The 2010 Election Results in Ohio

The report doesn’t look at why people voted the way they did but it showed that when a particular party doesn’t turn out their candidate loses. It seems that’s election 101.


(click on picture for fullsize version)

In GOP fantasy land, state budget woes due only to spending

It amuses me when cheap labor conservative Republicans blame spending for budget problems. They call for cutting state workers or reducing their pay or cutting programs. In their fantasy land, the Republicans fail to even acknowledge that their beloved tax cuts play a part in shortfalls.

As Media Matters pointed out about a one-sided 60 Minutes report on December 19th:

In 2,600 words about state deficits, you won’t find the phrase “tax cuts.” Instead, CBS adopts the Republican framing that deficits are all about spending — frequently with loaded phrasing like “gold-plated retirement and health care packages.” And throughout the report, CBS allows Christie, New Jersey’s Republican governor, to launch attacks on unions and make unsupported claims about budget problems, all without ever challenging his assertions and without including substantive disagreement from Christie critics.

And here’s how CBS addressed New Jersey’s pension problems:

It’s also the truth that some of the responsibility for New Jersey’s pension woes lie at the doorstep of the governor’s mansion. Christie and his predecessors have failed to contribute to the state’s share of its pension obligation in 13 of the last 17 years, one of the reasons the fund is going broke. Christie says it’s ancient history.

“We spent too much on everything. We spent too much. We spent money we didn’t have. We borrowed money just crazily. The credit cards maxed out, and it’s over. It’s over. We now have to get to the business of climbin’ out of the hole. We’ve been diggin’ it for a decade or more. We’ve gotta climb now, and a climb is harder. Gotta do it,” he said.

You’d never know from CBS’ report that a big part of the reason that “Christie and his predecessors” failed to make required contributions to the pension fund is that they decided to use the money for tax cuts instead. (Like I said, the CBS report takes the GOP-friendly stance that deficits are all about spending, not revenue.)

60 Minutes’ one-sided, GOP-friendly report on state budgets

President Obama’s Tax Cut Deal Analogy

In case people don’t understand why a lot of progressives like myself are upset with the proposed tax cut deal brokered by President Obama and the TP/GOP I wrote an analogy:

Look at it this way. I am the Democrats and I have a large pizza cut in 8 slices. You are the GOP and have a six pack of beer. I don’t need the beer because I have soda pop but you really want some pizza since there is no other food in the house. You also have a trigger to a bomb that will blow up the house next door killing the family that lives there.

A rational person in that position would offer a slice for 3 bottles of beer and the family’s freedom but since I am the Democrats I instead open the negotiation by offering 5 slices for one bottle and your promise to think about not blowing up the house next door. You accept and say we compromised and had bipartisanship and in the words of an old cellphone commercial “Daddy got hosed…”

Here’s the old cellphone commercial

https://www.youtube.com/watch?v=Wmfqpl4-Go8

Republicans continue to publicly lie about Bush tax cuts

Just amazes me that a sitting Senator of the United States would actually LIE on national TV. Senator Lindsey Graham (R-SC) was on Fox “News” Sunday and told the whopper that the Bush Tax cuts would pay for themselves. I understand why Fox “News” didn’t challenge him but why do they still lie like they do in public?

In fact, the Center on Budget and Policy Priorities (CBPP) found that the Bush tax cuts accounted for almost half of the mushrooming deficits during his tenure. As another CBPP analysis forecast, over the next 10 years, the Bush tax cuts if made permanent will contribute more to the U.S. budget deficit than the Obama stimulus, the TARP program, the wars in Afghanistan and Iraq, and revenue lost to the recession put together. Predictably, the Bush tax cuts didn’t come anywhere close to paying for themselves. And as Congressional Budget Office projections revealed in June, making them permanent is the very worst thing the so-called deficit hawks could do to reduce the U.S. debt.

Lindsey Graham Regurgitates the GOP’s Tax Cut Whopper

As I always ask a GOP friend of my, where are the jobs the Bush Tax cuts were suppose to provide. Here are some other truths about the Bush Tax cuts:

Here, then, are the 10 Epic Failures of the Bush Tax Cuts:

1. Dismal Economic Growth
2. A Decade of Budget Deficits
3. Red Ink as Far as the Eye Can See
4. Disastrous Job Creation
5. Declining Incomes
6. Increasing Poverty
7. A Massive Windfall for the Wealthy
8. Record Income Inequality
9. A Sagging Stock Market
10. Jeopardizing Future Economic Growth

10 Epic Failures of the Bush Tax Cuts

There are some rich people who do get it. One, a billionaire hedge fund manager named Tom Steyer puts it better than I can:

“I think anyone who doesn’t give credit to the system that they are born into is taking an awful lot onto themselves. I mean, I really think that people have sacrificed a lot more than a little tax money to make that system available for all of us. And I would be ashamed of myself if I didn’t give some credit to them,” Steyer said, choking up and pausing to regain his composure.

Billionaire Hedge Fund Manager Chokes Up At The Wealthy’s Lack Of Contribution To This Country