Sen. Kay Hagan* supports the Baucus bill because it’s “fiscally responsible.”
NYT reports:
The budget office said the cost of Mr. Baucus’s bill would be fully offset by new taxes and fees, along with savings squeezed from Medicare, so it could reduce the cumulative total of federal budget deficits by $49 billion over the next 10 years. At the end of that period, it said, new revenues and savings would be growing faster than costs, so the bill could also help reduce deficits in the decade after 2019.
Anybody really believe that? And while expanding Medicaid at the same time?
*In the interest of being fair and balanced, I commend Sen. Hagan for voting to cut off Acorn. I also saw Sen. Bernie Sanders —one the seven sens voting to continue funding —- on O’Reilly. Strangely enough I agree with his logic that if they cut federal funding off for every corrupt organization, then……well, you get the idea. HUD would be in trouble.
