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Senator Reid admits ObamaCare to cost two trillion dollars


(McAdam/ImageChef)

On the floor of the Senate, Thursday, Sen. Harry Reid (Dem., Nev.) was trying to explain why the Democrats are opposed to putting anything in the pending health care legislation which would place a cap on medical malpractice claims.

HARRY REID: "He talked about CBO saying that there would be $54 billion saved each year if we put caps on medical malpractice and put some restrictions — tort reform — $54 billion. Sounds like a lot of money, doesn’t it, Mr. President? The answer is yes. But remember, were talking about $2 trillion, $54 billion compared to $2 trillion. You can do the math. We can all do the math. Its a very small percent."

Yes, Senator Reid, we can do the math. There are now 305,529,237 people living in this country. If annual health care expenditures are going to be 2 trillion dollars, then this amounts to $6,546.02 for every man, woman, and child. A family of 4, for example, will have to come up with $26,184.07. Every year.

President Obama has promised not to raise taxes on people earning less than $200,000.00 per year, and has vowed not to increase the national debt “by one nickel.” Right. 

 

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Louisville City Hall Examiner

Veteran Louisville attorney Thomas McAdam has spent his 40 year career observing local politics, including nine years, as counsel to the Louisville...

Comments

  • WoodsideParkBob 2 years ago
    Report Abuse

    Well, duh!

    The CBO said tort reform might save about 1/2 of one percent of total health care costs. That means total health care costs are already about $2 trillion per year. "You can do the math." That's already "$6,546.02 for every man, woman, and child. A family of 4, for example, will have to come up with $26,184.07. Every year."

    Again, that's what we're already spending. You can't blame that on the proposed health insurance reform. It's part of the reason why we need reform!

  • Paradigm 2 years ago
    Report Abuse

    > Again, that's what we're already spending. You can't blame that on the proposed health insurance reform. It's part of the reason why we need reform!

    Your position is like trying to put out fire with gasoline. Obamacare is fixing a broken system with an even more broken system. They pay lip service to tort reform, but have no real desire to go there because they get so much campaign money from tort attorneys.

  • DAVE 2 years ago
    Report Abuse

    GOD BLESS AMERICA!!!

  • Keith 2 years ago
    Report Abuse

    AMEN DAVE!!! AMEN!!! GOD BLESS AMERICA

  • dave 2 years ago
    Report Abuse

    WOO!! KEITH YOU KNOW RIGHT WHAT I MEAN

  • Keith 2 years ago
    Report Abuse

    YES SIR!!! SOUTHERN PRIDE

  • Dave 2 years ago
    Report Abuse

    YEA BROTHER!!!

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