OK so Obama is stating the his program is revenue neutral.  For those of you who believe that-please allow me to present a few facts and opinions.

1-The Senate Finance Committee “carefully” drafted a bill that assumes that cuts in Medicare will save $200 billion with cuts to the “Sustainable Growth Rate” cuts to Medicare spending through 2012 and beyond.  (Sound the trumpets please)…  These same requirements drafted by the CBO have been in place since 2003-and every year Congress has vetoed these same cuts. The assumption that Congress will all of a sudden get financially prudent is silly and certainly not realistic to budget savings accordingly.

2-Another similar analysis applies to the other 200 billion that the government seeks to cut from fraud, waste and abuse from Medicare and other federal health care spending. Well, hasn’t the government been promising to do this since my parents were born? Every now and then a little “fingernail” get’s trimmed.  But, the last time I checked the spending keeps rising and proportionately fraud and waste follow right behind.  Please explain how this pattern is now all of a sudden going to change?

3-It also worth noting that the Baucus bill includes more spending than cuts.  The biggest is the 40% tax on health insurance plans in excess of $8,000 for individual and $21,000 for families-the “Cadillac” plans.

So, to sum this up provided that the sun rises in the west and sets in the east I think the Obama care health care bill will be (1) deficit neutral, (2) be on budget and (3) reduce the budget-as stated.