Quote:
Originally Posted by RogueGypsy
Easy now, I believe the 'Stimulus Plan' and this health care reform bill have eclipsed any spending the Republicans have done during the life of the party.
So far, the stimulus has been a huge flop and there is no way the outlined taxes and fees are going to pay for this reform bill. No freakin' way.
|
The 01 and 03 tax cuts that primarily benefited the top bracket cost over $1 trillion and no offsets were provided.
The 05 Medicare Prescription Drug bill cost nearly $1.2 trillion (the Republicans ignored the CBO score at the time of the vote and said it would cost less than $1/2 trillion) and no offsets were provided.
The war in Iraq cost nearly $1 trillion and was purposefully kept off budget (so it wouldnt show up as Bush deficits) and no offsets were provided.
Both the stimulus program and the health reform bill have offsets that the CBO scored at various levels (best case to worst case), while the offsets may not all materialize (in the way of savings), both major pieces of legislation are far closer to deficit neutral than anything the Republicans enacted.