Subject: txt 1st hcare crpt libs -
Just when you thought the Democrats had exhausted all their budget gimmicks, they surprise you. (Well, no, not really, but you do have to scratch your head in wonder.)
Under budget rules, any reconciliation bill must reduce the deficit by at least $1 billion. According to the CBO, the reconciliation bill reduces deficits by $19.8 billion over 10 years.
However, as the final page of the CBO report notes, higher education spending changes — student loan subsidies — account for $19.4 billion. Which means that the reconciliation changes related to health care only reduce the deficit by $0.4 billion.
Thus, including student loans was necessary not only to draw more member support for the health care overhaul, but to make the budget math work.
[How proud a symbol of democracy we've become.]
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Friday, March 19, 2010
Pelosi Has $18.4 BILLION in Bribe Money For Health Care Votes
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