@roger,
roger wrote:
http://www.census.gov/Press-Release/www/releases/archives/income_wealth/005647.html
Quote: Real median household income remained unchanged between 2003 and 2004 at $44,389, according to a report released today by the U.S. Census Bureau. Meanwhile, the nation’s official poverty rate rose from 12.5 percent in 2003 to 12.7 percent in 2004. The percentage of the nation’s population without health insurance coverage remained stable, at 15.7 percent in 2004. The number of people with health insurance increased by 2.0 million to 245.3 million between 2003 and 2004, and the number without such coverage rose by 800,000 to 45.8 million.
So, as of 2004, there were 84% with insurance. We can achieve 94%, and it only costs 849 billion. What a bargain.
10% of our population is 30 million people. That's a lot of people to help. Takes a lot of money to get it done. Now, I realize that many on the right wing don't give a **** if these people live or die, but it's harming us as a nation, in a wide variety of ways, to have such poor health care coverage.
There's also the issue of under-coverage. The bill doesn't just add new people into the system, it prevents many of the worst excesses of the Health insurance industry, such as recission.
Quote:Paid for with cuts to Medicare, of course. Medicare cuts are looking like something between 350 billion and 500 billion, and this is all going to cut the deficit by 127 billion. I'm gonna go get religion. This is a miracle.
The cuts to Medicare are primarily cuts to Medicare Advantage - a program which uses our tax dollars to subsidize private insurance. No problem cutting that, bro.
But, it's inaccurate to say it's going to be 'paid for' by cuts to Medicare. It will be paid for by a combination of taxes on the rich and premiums paid into those who enroll in the public option.
Cycloptichorn