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Congressman Kirk Explains the Cost of Obamacare

A letter from congressman Mark Kirk (R-Ill.) lays out the specifics of how the Democrats will pay for Obamacare.

Dear Friends,

Knowing of your continued concern for health care reform, I am writing to update you on my work in Congress to protect seniors.

On October 7, 2009, the Congressional Budget Office (CBO) released their score for the Senate Finance health care bill. CBO concluded that the legislation has a total cost of $829 billion over 10 years, imposes $424 billion in new taxes and fees over the first 10 years and has over $400 billion in Medicare cuts. Please see the list below.

MEDICARE CUTS
-$133B Medicare Advantage
   -$128.8B Hospitals
   -$106.3B Inpatient Prospective Payment System
-$22.5B Medicare DSH payments
-$56B Home Health
-$22.2B Medicare Commission
-$22.3B Medicare Improvement Fund
-$19.8B Medicare Part D
-$14.6B Skilled Nursing Facilities
-$23.1B Part B Schedules, Except Physician Services
-$8B CMS Innovation Center
-$11B Hospices
-$4.9B Accountable Care Organizations
-$3B Medical Imaging
-$800M Power Wheel Chairs
-$300M Comparative Effectiveness Medicare Component
-$100M Medigap

In my opinion, we should not be paying for health care on the backs of senior citizens. Click on the image below to view me discussing this issue in more detail. Please feel free to forward this email along to your friends and family, together we can make a difference.

Sincerely,

Congressman Mark Kirk
Member of Congress

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  1. October 24, 2009 at 13:39

    This is a great post, whatever happens with health reform, the American people are due the knowledge of what it will mean to them — at a minimum. In my view, there is too much spin, posturing and deflection by all sides. All to the detriment of the American people. I follow much of the debate and the healthcare delivery issues at http://www.healthexpertease.org

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