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<blockquote data-quote="Lue C Fur" data-source="post: 815376" data-attributes="member: 25159"><p><span style="color: blue">More fuzzy math:</span></p><p> </p><p><span style="color: black"><strong>Battle Grows Over Obama Administration's Health Care Law Accounting</strong></span></p><p><span style="color: black"></span> </p><p>It was only a few minutes in the making but comments last week by Health and Human Services Secretary Kathleen Sebelius on Capitol Hill have set off a firestorm of criticism around President Obama’s health care law and how the law, when it’s finally implemented, will have <strong>“double counted”</strong> on Medicare -- and, therefore, <strong>does not have the savings once predicted by the White House.</strong></p><p> </p><p>“The Affordable Care Act adds 12 years to the Medicare trust fund, according to every actuary, and the $500 billion represents a slowdown in the growth rate of Medicare over 10 years from what was projected at 8 percent to a growth rate,” Sebelius said during questioning by Rep. John Shimkus, R-Ill.</p><p> </p><p>But, as Shimkus pushed the issue, asking for Sebelius to explain if the president was using the $500 billion to save Medicare or fund health care reform, Sebelius added one word – “both.” And that word has made many more nervous than ever about the health care law, as they say it sounds like <strong>double counting, or using money from one program to count into another, which does not equal savings.</strong></p><p> </p><p><a href="http://www.foxnews.com/politics/2011/03/08/battle-grows-obama-administrations-health-care-law-accounting/" target="_blank">http://www.foxnews.com/politics/2011/03/08/battle-grows-obama-administrations-health-care-law-accounting/</a></p></blockquote><p></p>
[QUOTE="Lue C Fur, post: 815376, member: 25159"] [COLOR=blue]More fuzzy math:[/COLOR] [COLOR=#0000ff][/COLOR] [COLOR=black][B]Battle Grows Over Obama Administration's Health Care Law Accounting[/B] [/COLOR] It was only a few minutes in the making but comments last week by Health and Human Services Secretary Kathleen Sebelius on Capitol Hill have set off a firestorm of criticism around President Obama’s health care law and how the law, when it’s finally implemented, will have [B]“double counted”[/B] on Medicare -- and, therefore, [B]does not have the savings once predicted by the White House.[/B] “The Affordable Care Act adds 12 years to the Medicare trust fund, according to every actuary, and the $500 billion represents a slowdown in the growth rate of Medicare over 10 years from what was projected at 8 percent to a growth rate,” Sebelius said during questioning by Rep. John Shimkus, R-Ill. But, as Shimkus pushed the issue, asking for Sebelius to explain if the president was using the $500 billion to save Medicare or fund health care reform, Sebelius added one word – “both.” And that word has made many more nervous than ever about the health care law, as they say it sounds like [B]double counting, or using money from one program to count into another, which does not equal savings.[/B] [URL]http://www.foxnews.com/politics/2011/03/08/battle-grows-obama-administrations-health-care-law-accounting/[/URL] [/QUOTE]
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