-By Warner Todd Huston
I’m sorry, I’m not much for name calling but this woman is an idiot. She is claiming that the oppressive surtax can “also” go to retire the Obama $1 trillion deficit if there is any “left over” after Obamacare is “paid for”!
House Speaker Nancy Pelosi said Thursday that Democrats could use a proposed new tax on the wealthy to pay down the deficit, if there’s money left over after funding healthcare reform.
But, the CBO is claiming that Obamacare will cost in excess of $1 trillion and the surtax is “only” going to raise $544 billion. How, exactly, is there supposed to be anything “left over” after Obamacare is “paid for.”
I know, I just used a lot of quote marks, but they are deservedly derisory.
The surtax will not “pay for” Obamacare because the projected costs (projections that are surely too low) are higher than what the surtax is projected to bring in. There just won’t be anything “left over.” Nor can Obamacare BE paid for. It will continue to grow wildly once passed and will never be paid for by any measure. Healthcare will become just another unfunded mandate like it has become in Massachusetts. Lastly, my quotes around “only” above is to scoff at what Washington thinks is such a tiny amount. Why, it’s only $544 billion, don’t you know? A few billion here, a few billion there… pretty soon we’re talking about real money (pardon my Dirksenism).
But here is this silly excuse for a Speaker dreaming about all the wonderful things that she can do with the surtax receipts. She reminds me of what happens when you give a 10-year-old a $20 bill. If you ask them what they’re going to do with the $20, they invariably say they are going to get all the candy they want, a passel full of new toys and a pony. They simply haven’t the mental capacity to understand how far a mere $20 will go.
This is a perfect way to describe this Pelosi claim. She’s intellectually incapable of understanding the amount of money we are talking about here. In her mind the surtax will pay for healthcare, pay down a trillion dollar deficit… and there will probably be enough left over to get her some candy and a pony.
____________
Warner Todd Huston is a Chicago based freelance writer, has been writing opinion editorials and social criticism since early 2001 and is featured on many websites such as newsbusters.org, RedState.com, Human Events Magazine, AmericanDailyReview.com, townhall.com, New Media Journal, Men’s News Daily and the New Media Alliance among many, many others. Additionally, he has been a frequent guest on talk-radio programs to discuss his opinion editorials and current events and is currently the co-host of “Life, Liberty, and the Pursuit of Conservatism” heard on BlogTalkRadio. He has also written for several history magazines and appears in the new book “Americans on Politics, Policy and Pop Culture” which can be purchased on amazon.com. He is also the owner and operator of publiusforum.com. Feel free to contact him with any comments or questions : EMAIL Warner Todd Huston
Fair Use: This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. I am making such material available in my efforts to advance understanding of political, human rights, economic, democracy, and social justice issues, etc. I believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research, educational, or satirical purposes. If you wish to use copyrighted material from this site/blog for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.