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View Full Version : LMAO Chairman Steele Cuts Own Throat AGAIN!



Gayle in MD
03-19-2010, 01:41 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> Politicians are notably fair-weathered when it comes to touting reports issued by the Congressional Budget Office. When the data fall in your favor, it's considered gospel. When the number crunchers aren't so kind, it's deemed fantasy.

But on Thursday Republican national Chairman Michael Steele took the routine to a new extreme, going so far as to dismiss the CBO's analysis of the deficit reducing impact of the health care bill a "lie."

Asked to respond to calculations that the bill would save $1.2 trillion in the out-years following the first decade after implementation, Steele replied told CNN's Rick Sanchez: "I got two words for you -- or three words. Three words... That's a lie."

It's not, of course. It is an estimate based on a formula and data. And while it surely won't be dead-on-accurate, it's a well-respected basis for considering legislation. Steele, at the very least, should know this. Back when he was delivering a tour-de-force takedown of the health care bill in late July, the RNC chair cited CBO data eight times in an effort to claim it was a deficit killer.

Here are a few relevant snippets from Steele's speech that day at the National Press Club:

* According to CBO's best guess, once the plan is fully implemented, it will cost hundreds of billions each year -- in the case of the House bill, $202 billion in 2019 alone. And note that I said "best guess." The thousand-plus page House bill was not released until less than 48 hours before markup, and CBO said that it still had not completed its revenue analysis.
* For example, CBO stated, quote: "We have not yet estimated the administrative costs to the federal government of implementing the specified policies." In other words, the staggering cost estimated by CBO does not even include one of the biggest expenses in the bill.
* According to the latest CBO estimates, under the house Democrat version of the health plan, after it is implemented, the cost of insuring each additional individual would be nearly $30,000, an amount far greater than the average annual cost of insuring an entire family today. (According to the Henry J. Kaiser foundation, the average cost of an employer health plan for a family of four is about $12,800.)
* What's more, to add insult to injury, CBO tells us that every version of the Democrat health plan, even after spending trillions of dollars, would leave millions still uninsured.
* The president has insisted at every step of the way that his health plan will not add to the deficit. But just last Friday, CBO concluded that the Obama-Pelosi plan will add $239 billion to the deficit by 2019, and hundreds of billions thereafter. That means -- according to CBO, not Michael Steele -- the Obama-Pelosi plan does not do either of the two things the president swore that they would do: contain costs and not add to the deficit.
WATCH: Steele repeats his claims on CNN


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http://www.huffingtonpost.com/2010/03/18/michael-steele-says-cbo-l_n_504947.html

<span style="color: #000066">This guy is truly one of the biggest *** H***'s in history.

Hilarious, how every time Republicans select someone to put out in front to hide their racist, sexist attitudes, it backfires on them like ganbusters!

LMAO....too funny! </span>

LWW
03-19-2010, 02:30 PM
Please refer to the now not so secret memo from the dems showing that it was in fact a lie.

It's it one of your multiple threads on the topic, and I refer all readers to seek it out.

LWW

pooltchr
03-19-2010, 02:50 PM
The CBO cost estimates are based on 2010-2019. But as we know, 2010 is already well underway, and nothing significant is going to happen this year. However, if the 10 year period used had been 2011-2020, the first full year the bill would be in place, that 984 billion would jump up to 1.3 trillion. That is why the dem's demanded that 2010 be used as the first year!

Steve

eg8r
03-19-2010, 03:13 PM
LOL, he is awesome. I love it when he speaks out. Anyways, I see you like to take everything out of context. The CBO might be talking about savings but that is an estimate. Do you remember the last time Obama gave us an estimate on unemployment? Anyways, this great news for socialism that you like to jump on must be re-evaluated for what is actually happening. The very same CBO said Obama will be driving our debt up to $9 trillion dollars. Who knows what is actually being saved but we are positive it is not money against the deficit.

eg8r

Gayle in MD
03-20-2010, 08:24 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: eg8r</div><div class="ubbcode-body">LOL, he is awesome. I love it when he speaks out. Anyways, I see you like to take everything out of context. The CBO might be talking about savings but that is an estimate. Do you remember the last time Obama gave us an estimate on unemployment? Anyways, this great news for socialism that you like to jump on must be re-evaluated for what is actually happening. The very same CBO said Obama will be driving our debt up to $9 trillion dollars. Who knows what is actually being saved but we are positive it is not money against the deficit.

eg8r </div></div>

Didn't bother you a bit when Bush pushed through two wars, a huge tax cut, and trillion dollar prescription bill, and didn't pay for any of it.

Gee, what did the CBO say about that? Did you even bother to check?

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You keep talking about 9 trillion dollars, but you never consider how much of that money is for Bush's F-ups.

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eg8r
03-22-2010, 11:43 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Gee, what did the CBO say about that? Did you even bother to check?</div></div>We were all against it, no need to go search out others that were against it. The 9 trillion number is what the debt will become after Obama's current policies are put in place. He is raising the debt many trillion dollars. The Dems passed PayGo. If they really meant what they said in that legislation then the debt would never be soaring that high.

eg8r

Gayle in MD
03-22-2010, 11:47 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: eg8r</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Gee, what did the CBO say about that? Did you even bother to check?</div></div>We were all against it, no need to go search out others that were against it. The 9 trillion number is what the debt will become after Obama's current policies are put in place. He is raising the debt many trillion dollars. The Dems passed PayGo. If they really meant what they said in that legislation then the debt would never be soaring that high.

eg8r </div></div>

Ed,
You never know what you're talking about.

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eg8r
03-22-2010, 12:00 PM
LOL, yes well you always have your head in the sand.

eg8r

LWW
03-22-2010, 12:04 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: eg8r</div><div class="ubbcode-body">LOL, yes well you always have your head in the sand.

eg8r </div></div>

According to Karl Rove it's in the swamp water.

LWW

Gayle in MD
03-22-2010, 01:34 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: eg8r</div><div class="ubbcode-body">LOL, yes well you always have your head in the sand.

eg8r </div></div>

Like I said, you never know what you're talking about, just another RW puppet, like your buddies on here...

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