March 19th, 2010
09:11 AM ET
4 years ago

Health reform: Where the money will come from

NEW YORK (CNNMoney.com) - Democrats pushing for health care reform are closer to the finish line than ever, but it's not over yet. And the question of cost will remain a central issue in coming days.

On Thursday, the Congressional Budget Office weighed in with a key - if still very preliminary - cost estimate.

The latest bill is a mix of provisions from a bill the Senate passed last December and proposals made by President Obama recently.

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Filed under: Health care
soundoff (28 Responses)
  1. John

    the CBO can't even say exactly what this will cost.... shouldn't we want to know that?

    or do we just take from the hard-working successful and give hand-outs to the lazy, government cheese-eaters...... yeah... let's do that... that will work out just fine in the long run.... I'm sure people we be motivated to work and pay for themselves.....rather than get the free ride for doing nothing....

    this is ridiculous....

    right comrads?

    March 19, 2010 09:18 am at 9:18 am |
  2. Charlie in Maine

    Um here's an idea let's put a tax on drug advertisements. That way every time I have to sit through one of their commercials I can at least know that they are at least helping in some way. Also if we saved a little money by NOT occupying countries who never attacked us we could save a little here and there.

    March 19, 2010 09:20 am at 9:20 am |
  3. Rick McDaniel

    Its coming from benefits to seniors (cuts to seniors), and from the middle class, as usual.

    Obama couldn't care less about senior citizens....they are just "old" people, who don't matter.

    The rest will come from the middle class, because there's no other place to get the money, as usual.

    March 19, 2010 09:22 am at 9:22 am |
  4. TCM

    Charles Krauthammer, a syndicated columnist, provided the best picture of the "money." Knucklehead Nancy came running out with the CBO's report....yelling, "It'll only cost 940 Billion, not a trillion, and we'll save $138 billion.....over the next ten years..."

    Now, what a crock that is if you analyze it. Currently, the Obama administration is wrecklessly racking up the deficit at $228 billion a month...so, saving 138 billion is roughly 18 days worth of spending....
    They're claiming they'll save 18 days of savings at the current rate of spending over the next TEN YEARS. Nancy should have worked at a carnival...what a con. We'd be lucky if it saved 10 cents...but, as with every other program ran by the gov't, especially ones created by liberal "give everyone a bennie," democrats...we've only increased the deficit. This healthcare issue should be divided into the top ten issues, each issue examined individually, and passed into law, with a 3-5 bill that the average citizen can comprehend. This 2700 pg pork platter is doing nothing but hurting the country

    March 19, 2010 09:24 am at 9:24 am |
  5. Dave

    940 billion more on credit and over-extending us all.

    Not to mention the fact that NO BUDGET for any bill has ever been anything less than HALF of what the real bill ends up being.

    Look at Medicaid. It is costing 50 times more than what they originally said and is bankrupt. The state of Washingotn is no longer taking new prescriptions for in that program starting soon.
    This is where the entire medical industry is heading: less service, less coverage, less doctors, more costs.

    PLEASE Vote these people out ASAP so we can fix this country.

    We have no money, we are broke and can not afford stuff anymore.

    less spending
    less taxes
    less government

    3 things that history shows enables our country and society to thrive. Only vote for people with a track record of this, not based on their hollow speeches.

    March 19, 2010 09:25 am at 9:25 am |
  6. Kevin in Ohio

    It isn't rocket science.... the money will come from CHINA. And we will ultimately be irrecoverably indebted to them. Thank you, Obama, Reid, and Pelosi.

    March 19, 2010 09:36 am at 9:36 am |
  7. buckwheat

    Has anyone ever been hired for a job by a person poorer than they? This administration wants to, and will make more people poorer.A new job stimulus plan I suppose.Breaking the insurance industry will add to the number of unemployed. Is this the way we create jobs by destroying free enterprise? You can't have it both ways. Everyone hates lawyers but if they screw up they love them especially if they have sprung their neck in an accident that migh be blamed on someone else. We blame doctors for our costly health bills yet say nothing about the price of a Big Mac and a salt loaded double big belly washer drink. We demand bigger seats in airplanes along with the bigger restrooms so we can fit.Anyone ever figured up the cost of the things we eat and drink for a year that is killing us or the extra car or cars we could get along without. What about the dope some of us buy and the beer and whisky we consume. WE take pills when changing habits would do the same thing at less expense. Yeh we are all stupid in a way.

    March 19, 2010 09:38 am at 9:38 am |
  8. Howard

    FIX Medicare FIRST

    March 19, 2010 09:43 am at 9:43 am |
  9. G

    This bill will bankrupt us....Please stop this bill.

    March 19, 2010 09:46 am at 9:46 am |
  10. Tram

    Where did the money from Bush's illegal wars come from? Where did the money for the Haliburton contracts come from? Where did the money for an enormous, restructured government under the illegal Patriot Act come from?

    Where were these questions from the GOPers then? Why are they asking where the money is coming from now when it's something to actually HELP the American people?

    March 19, 2010 09:49 am at 9:49 am |
  11. TLD

    That healthcare bill is a disaster. I don't want those people coming into my doctor's office with all their fatherless children and other undesirables. Understand, I don't care if they have healthcare, I just do not want them to exercise their healthcare in my places. The quality of care will go down just like their neighborhoods. My family should not have to be exposed to them in a medical setting. Some don't even speak English and those other ones speak improper English at best. I don't want them in my doctor's office.... PERIOD!

    March 19, 2010 09:53 am at 9:53 am |
  12. Donald j Roche jr

    This is not the time to get giddy over health care reform ,ask yourself this question .how are we going to pay for all the goodies that the liberals want. more taxes,? I will not support this bill as it is being proposed. I SAY BOYCOT THE BILL UNTIL WE KNOW MORE ABOUT THE COST.

    March 19, 2010 10:00 am at 10:00 am |
  13. LIP

    Sure, and the same Budget Office predicted something similar for Medicare and now it is in the tank, along with all the other Government entitlement programs. You can't put stock in any numbers, because no one knows what will happen from year to year.
    Our contry is nearly broke and the Chinese practically own all our debt and hee we go, handing whats left to them on a platter.
    Yes, we need to change health care, but not at the expense of adding all the insurance companies to the growing list of unemployed.
    Do it right, with incremental steps that gradually chip away at the powersof the insurance companies and force them to be more competitive. It can be done, but not this way.

    March 19, 2010 10:06 am at 10:06 am |
  14. Brink

    Do you have to ask where the money will come from? The same as for everything else, from W-2 middle class workers.

    March 19, 2010 10:09 am at 10:09 am |
  15. Monkey wrench

    It will come from those making $100,000 or less, those that don't quite qualify for the government handouts but can't quite get to the top of the lower middle class. Health care will cost them 25% of their income...

    This is just a liberal BS power move to expand government even further, they think they know what we need for ourselves better than we do and have no clue of how to realistically pay for it. I say down with the Obama Administration and the progressive movement, down I say! Impeachment 2010, Obama, Pelosi and all that have bastardized our Congressional process!

    March 19, 2010 10:09 am at 10:09 am |
  16. Dominican mama 4 Obama

    Let's take it out of the Shrub's Wars on Terror that were ACCOMPLISHED how many years ago now? Or better yet, let's just do healthcare reform with a great PUBLIC OPTION and all the trimmings and the let's pull a BUSH and not even put the cost of it on the budget and let the NEXT president worry about it and sort it out. OH WAIT!!! OBAMA will be the next President! Never mind!

    March 19, 2010 10:18 am at 10:18 am |
  17. Henry Miller, Libertarian

    Where the money will come from?

    From the wallets of working Americans, to the benefit of welfare bums.

    (This is kinda like "From each according to ability, to each according to need," a social philosophy in which Obama and the far Left strongly believe.)

    March 19, 2010 10:19 am at 10:19 am |
  18. Fair is Fair

    Where will the money come from?

    Same place it always does... by penalizing the successful.

    March 19, 2010 10:22 am at 10:22 am |
  19. Bob in Pa.

    Are we all stupid here, it comes from our pockets and future pay checks for generations to come. This idea should be squashed now.
    It would be cheaper just to buy a policy for all those without coverage.

    March 19, 2010 10:25 am at 10:25 am |
  20. Angus McDugan

    I think we all know where the money will come from.

    IT WILL COME FROM THE AMERICAN PEOPLE!!!!!!!!!!!!!!

    And just like social security, we will pay in and we will not get what we need from it. Obama is just another politician feeding his ego on the backs of hard working Americans.

    March 19, 2010 10:28 am at 10:28 am |
  21. Fred Doery

    Why don't they start with cutting back on the fraud and waste before pushing the expensive parts through. That way we can all agree on the changes they want. The trouble with the current bill is that nobody believes they can make any savings and this bill will bankrupt the country. Prove otherwise first.

    March 19, 2010 10:32 am at 10:32 am |
  22. j

    The health care bill will REDUCE the deficit somewhere around 2 billion dollars over the next 10 years and over a trillion in the next 20 years unlike the Republicans 2 tax cuts which increased the deficit by close to 2 trillion dollars. So the Republicans are hypocrites when they claim to be fiscal conservatives- they are not.

    March 19, 2010 10:43 am at 10:43 am |
  23. Lee

    Doesn't it seem strange that apx. 1/2 of the House of Rep. Democrats and all of the Republicans don't want this health bill. Isn't that about 3/4 of the Reps. that don't want it? When has 1/4 ever been the majority?

    March 19, 2010 10:47 am at 10:47 am |
  24. Willy Brown

    The money will come from mine and your pockets!

    March 19, 2010 10:49 am at 10:49 am |
  25. Ancient Texan

    If passed, this "healthcare" debacle will be the death knell for the already fragile economy of the USA. We can't afford the building of the Utopia that the Liberals/Progressives envision to replace the America that we all grew up with and love.

    March 19, 2010 10:49 am at 10:49 am |
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