Will CBO officials end up like Vince Foster?
August 172009
The OMB-CBO throwdown
The White House went to war with the Congressional Budget Office after Friday’s announcement that the proposed changes to Barack Obama’s health-care plan to realize big cost savings would only recover $2 billion over 10 years, at best — about 0.2% of ObamaCare’s lowest projected cost. Budget director Peter Orszag published a statement yesterday that accused the CBO of essentially lying in its analysis:
The Obama administration is touting a proposal to give a medical advisory council the power to help decide the scope of coverage that would be eligible for reimbursement under Medicare.
Administration officials say the proposed “Independent Medicare Advisory Council” would both improve health care quality and control costs. Some health care industry groups object to the proposal, saying such a council would not be qualified to make those judgments.
The CBO’s review of the proposal found that “the probability is high that no savings would be realized … but there is also a chance that substantial savings might be realized,” Elmendorf wrote.
“Looking beyond the 10-year-budget window, CBO expects that this proposal would generate larger but still modest savings on the same probabilistic basis.” …
White House Budget Director Peter Orszag said the CBO’s analysis — which it relayed to House Majority Leader Steny Hoyer on Saturday — could feed a perception of the office’s bias toward “exaggerating costs and underestimating savings.”
http://hotair.com/archives/2009/07/26/the-omb-cbo-throwdown/
Suicide of Vince Foster
http://en.wikipedia.org/wiki/Death_of_Vince_Foster
Washington is a dangerous town especially under Democrats. People die mysteriously or get shot!
August 17th, 2009 at 10:07 pm
Washington is a dangerous town especially under Democrats. People die mysteriously or get shot!
References :
August 17th, 2009 at 10:17 pm
Obama has already had pictures sent by Hillary. With a caption that
reads. It don’t pay to screw with us.
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