More Broken Health Care Promises » The Foundry

More Broken Health Care Promises » The Foundry: "New analysis confirms that the health care bills moving the House and Senate will break the many promises President Obama made to the American people. As the details of the legislation are exposed, it is no wonder that Americans are growing uneasy over the direction the legislation has taken.

The Chief Actuary for the President’s own Centers for Medicare and Medicaid Services issued an extensive analysis of the pending Reid bill and House-passed bill. The Lewin Group also released an analysis of the House and Senate bills. These reports provide a comprehensive overview and impact of the legislation. Here are a few important facts from the reports:

More Health Care Spending, Not Less
A key argument by the President and Congress for health care has been to bring health care spending down. However, both studies expose that instead of bring health care spending down, the House and Senate bills would increase health care spending.

* The Actuaries report estimates that health care spending would increase under the Senate bill by $234 billion between 2010 and 2019 and $750 billion between 2010 and 2019 under the House bill.
* The Lewin Group estimates the Senate bill would increase health care spending by $305 billion between 2010 and 2019 and $781 billion in the second decade. Under the House bill, Lewin Group estimates health care spending would increase by $425 billion between 2010 and 2019 and $955 billion in the second decade."