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ACA Running Thread

It really is amazing. Brad posts fewer words per post than almost anyone. And he still is butt-fucking wrong an overwhelming majority of the time.

Just fantastic to read.
 
Reducing the debt by 143 billion would be incredible. We increased the debt last year by over 1.4 trillion dollars when you combine our deficit and our debt spending. Decreasing the debt by even 100 billion would take us finding 1.5 trillion in savings this year (at least...probably more considering the cost of rising interest rates).
 
in the context of the CBO reports, it's the same thing

we have a debt of $20 trillion. we are running an annual deficit of ~$400 billion meaning next year at this time we'll have a debt of ~$20.4 trillion

if we save $143 billion off the deficit than the deficit is: $400 - $143 = $257 billion

and the debt next year at this time is $20,400,000,000,000 - $143,000,000,000 = $20,257,000,000,000
 
thatguy2016 said:
in the context of the CBO reports, it's the same thing

we have a debt of $20 trillion. we are running an annual deficit of ~$400 billion meaning next year at this time we'll have a debt of ~$20.4 trillion

if we save $143 billion off the deficit than the deficit is: $400 - $143 = $257 billion

and the debt next year at this time is $20,400,000,000,000 - $143,000,000,000 = $20,257,000,000,000
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Reducing the debt would mean next year it is < $20 trillion.
 
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thatguy2016 said:
in the context of the CBO reports, it's the same thing

we have a debt of $20 trillion. we are running an annual deficit of ~$400 billion meaning next year at this time we'll have a debt of ~$20.4 trillion

if we save $143 billion off the deficit than the deficit is: $400 - $143 = $257 billion

and the debt next year at this time is $20,400,000,000,000 - $143,000,000,000 = $20,257,000,000,000
Click to expand...

The $143B is theoretically over TEN years not per year. Plus, that number could be dramatically impacted by kicking 14M off insurance immediately and 23M by the end the next ten years.
 
Can we find a Newsmax article to clear this mess up?
 
Wrangor said:
Maybe, I don't really think people are dumb because they lack personal responsibility. I think they are dumb because they went to bad schools, were raise by dumb parents, and lacked any role models showing them how to have personal responsibility and rise above their situations. Yes, at a certain point we all have a choice, but that choice is much easier to make for people like me who have two parents that invested in me from an early age despite our meager financial state (not poor, but definitely lower middle class). Responsible adults create responsible children.

Ironically, WFFaithful is correct. Our media cycle has really enhanced the 'rube-ness' of both sides. We all hear what we want to hear instead of the truth, and eventually what we want to hear becomes the truth. The absence of an absolute truth creates an environment where no one is wrong, and this is a huge negative for society (and allows for politicians like Trump to succeed).
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what I meant by personal responsibility is that sometimes/often people do not bother to think very seriously about matters
 
thatguy2016 said:
I used a simplified example, rj
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But you used it improperly. It wasn't $143B/year. It was actually $119B over ten years. That's a huge difference.

"CBO and the Joint Committee on Taxation estimate that through 2026, the House bill would save $119 billion; provisions dealing with health insurance would reduce the deficit by $783 billion, and those outside coverage would increase the deficit by $664 billion, mostly reducing revenues."-

Also this could change things dramatically:

"CBO portrayed a picture of a health insurance market that could be starkly different depending on where a person lives, and market stability could grow worse after 2020. About one-sixth of the population lives in areas likely to seek waivers involving both essential health benefits and community rating, which would mean premiums would be set based on health status, according to the CBO findings. Premiums would vary significantly, "and less healthy people would face extremely high premiums, despite the additional funding that would be available," the report finds.
- See more at: http://www.ajmc.com/focus-of-the-we...million-to-lose-coverage#sthash.pL8yf27e.dpuf

The CBO was looking at a best case scenario. The reality is this bill will bankrupt millions upon millions needlessly and callously.
 
RJKarl said:
But you used it improperly. It wasn't $143B/year. It was actually $119B over ten years. That's a huge difference.

"CBO and the Joint Committee on Taxation estimate that through 2026, the House bill would save $119 billion; provisions dealing with health insurance would reduce the deficit by $783 billion, and those outside coverage would increase the deficit by $664 billion, mostly reducing revenues."-

Also this could change things dramatically:

"CBO portrayed a picture of a health insurance market that could be starkly different depending on where a person lives, and market stability could grow worse after 2020. About one-sixth of the population lives in areas likely to seek waivers involving both essential health benefits and community rating, which would mean premiums would be set based on health status, according to the CBO findings. Premiums would vary significantly, "and less healthy people would face extremely high premiums, despite the additional funding that would be available," the report finds.
- See more at: http://www.ajmc.com/focus-of-the-we...million-to-lose-coverage#sthash.pL8yf27e.dpuf

The CBO was looking at a best case scenario. The reality is this bill will bankrupt millions upon millions needlessly and callously.
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well, if we're going to be all precise, I'm talking about the ACA, and you're talking about the AHCA, and those are two entirely different things

there's a huge difference

WHY do you LIE ??
 
It's ain't a lie. The way presented that post it looked like you were using the alleged savings from Trumpcare.

Another major problem with the CBO projection is that the coverage under TC won't be anywhere near as good or as inclusive as under ACA. I'd like to see an apples to apples comparison.
 
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Wrangor said:
Reducing the debt by 143 billion would be incredible. We increased the debt last year by over 1.4 trillion dollars when you combine our deficit and our debt spending. Decreasing the debt by even 100 billion would take us finding 1.5 trillion in savings this year (at least...probably more considering the cost of rising interest rates).
Click to expand...
What? Is this fuzzy ss trust math?

Sent from my SM-S903VL using Tapatalk
 
WakeForestRanger said:
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Note that the insurer fee is also being reintroduced after a years hiatus. Without it and the CSR tax premiums go up just 5.5%. This might mean we have found the actual cost of the ACA not that its sustainable.

The ultimate irony is that the feds will end up paying more in subsidies since the 2nd lowest silver just went up. So its not like they are saving anything, just hurting people who aren't subsidy eligible. This might actually be a case where a gov't "cut" raised the deficit/debt.

What a joke....
 
When is single payer starting? It's not perfect but has proven to be the right answer..let the insurance companies sell supplemental policies and otherwise buzz off
 
Yep. Why not try something that works for everybody else who has tried it including Americans on Medicare.
 
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