These Are The Same Guys Obama Is Counting On To “Bend The Cost Curve Down”

The GAO reports that “$48 billion of estimated Medicare outlays of $509 billion in fiscal 2010 went to improper payments, including fraudulent ones.”  But, of course, they don’t really know how much fraud there is. 

Inherent in massive government programs is a huge amount of fraud, abuse, and waste.  It’s just a fact of life, and the bigger the program, the more fraud, abuse, and waste there will be.  I seriously doubt anyone honestly believes that the cost estimates used to push ObamaCare are even within 10% of accurate (and there is no way they are one dollar on the short side). 

That is one of the things that bothers me so much about ObamaCare.  The Democrats know the CBO’s numbers were cooked by using 10 years of taxes to pay for 6 years of “benefits,” plus pushing Medicaid/Medicare issues into separate bills; and they know that the damn thing will cost exponentially more than estimated, as was the case with other entitlements.  We all know it, but they are just pretending otherwise.

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Published in: on March 2, 2011 at 10:41 pm  Leave a Comment  

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