Tag Archives: government spending

The Entitlement State Is Morally Bankrupt

“The problem with the entitlement state is not simply that it is bankrupting this country–the problem is that it is morally bankrupt.” Continue reading

Posted in charity, morality | Tagged , , , , , , | Leave a comment

Colorado underestimates Medicaid cost, scales back program

Colorado Medicaid grossly underestimates costs of expanded eligibility, & limits eligibility to the program. The underestimate shouldn’t surprise anyone – it’s typical of government estimates. Continue reading

Posted in Colorado health care, Medicaid/Medicare/SCHIP | Tagged , , , | Leave a comment

U.S. Credit Rating: Don’t Shoot the Downgrade Messenger

Attacking S&P for the U.S. credit downgrade is like criticizing your doctor for diagnosing your cancer. Continue reading

Posted in Medicaid/Medicare/SCHIP, Policy - National, PPC | Tagged , , | Leave a comment

New CBO report hides less of ObamaCare’s true costs

The latest CBO report on ObamaCare’s costs is less misleading, as covers more years that include both tax revenue & spending, rather than just revenue. The result more clearly shows how it fleeces taxpayers. Continue reading

Posted in Policy - National | Tagged , | Leave a comment

ObamaCare Repeal Won’t Add to the Deficit

How, then, does the ObamaCare health control law magically convert $1 trillion in new spending into painless deficit reduction? It’s all about budget gimmicks, deceptive accounting, and implausible assumptions used to create the false impression of fiscal discipline. Continue reading

Posted in myths & fallacies | Tagged , , , | Leave a comment

Does ObamaCare Reduce Health Care Spending?

“ObamaCare doesn’t reduce medical costs under even the rosiest of scenarios (that is, projections that take seriously all its creators’ assumptions). What we can be certain of is that this legislation increases the amount of money taxpayers will be forced by law to pay for health insurance to the tune of $420 billion over the next 10 years.” Continue reading

Posted in Policy - National, PPC | Tagged , , | Leave a comment

Denver Post: “Colorado delays Medicaid payments”

“The trouble with socialism is that eventually you run out of other people’s money.” – Margaret Thatcher The Denver Post reports: Temporarily short on money, Colorado has declared a fiscal emergency and delayed payments to doctors and clinics taking care … Continue reading

Posted in Colorado health care, PPC | Tagged , | 2 Comments

Health care “reform” barely reduces government deficit

Proponents of the health control legislation, HR 3590, claimed it would reduce the federal deficit.  First of all, this desirable if government cuts spending.  In any case, Veronique de Rugy at the Mercatus Center shows that the health care bill’s … Continue reading

Posted in PPC | Tagged , , , , | Leave a comment

Soaring ObamaCare costs break the bank

Key points about HR 3590 from Grace-Marie Turner in Soaring ObamaCare costs break the bank: “The Congressional Budget Office recently issued a revised estimate showing the law will cost $115 billion more than it projected the week before it was … Continue reading

Posted in PPC | Tagged , , | Leave a comment

Why health care bill won’t reduce the deficit

From Reason.tv: One of the main selling points of health care reform [HR 3590] was that it would cut the federal deficit by a supposed $143 billion over the next decade and a trillion-plus dollars in the one after that. … Continue reading

Posted in PPC | Tagged , , , | Leave a comment