It was thought that The Congressional Budget Office drove a stake in the heart of Obama's plans for health care reform when they announced the trillion dollar price-tag to the legislation earlier in 2009. Recently, Obama has gotten back on his feet and has arrived at a major milestone by getting a version of the legislation to pass the Senate Finance Committee. However, new questions are popping up regarding Obama's signature agenda item - and by no one other than the Congressional Budget Office itself. Apparently, not only would the Senate draft cost near a trillion dollars, but it would still leave a majority of the low-income population without health insurance, according to a recent USA Today article:
The non-partisan Congressional Budget Office estimates 17 million Americans would remain uninsured under the Senate Finance Committee's 10-year, $829 billion health care bill. Health experts such as Rowland say that number would include families who earn too much to qualify for Medicaid but not enough to pay for insurance.
The expanding budget deficit does not seem to be a major issue for a president so adamantly tied to Keynesian economics. The question Americans should be asking themselves right now is, are 10 out of 27 million Americans who are uninsured worth another trillion dollars worth of treasury bonds?
The non-partisan Congressional Budget Office estimates 17 million Americans would remain uninsured under the Senate Finance Committee's 10-year, $829 billion health care bill. Health experts such as Rowland say that number would include families who earn too much to qualify for Medicaid but not enough to pay for insurance.
The expanding budget deficit does not seem to be a major issue for a president so adamantly tied to Keynesian economics. The question Americans should be asking themselves right now is, are 10 out of 27 million Americans who are uninsured worth another trillion dollars worth of treasury bonds?
