Kaje:
Medicare (entire program). In 1967, the House Ways and Means Committee predicted that the new Medicare program, launched the previous year, would cost about $12 billion in 1990. Actual Medicare spending in 1990 was $110 billion—off by nearly a factor of 10.
That's the problem, LOL! Even if they are half as wrong this time it will end up causing a huge tax increase on the middle class.
Poorer libs feel the cost isn't an issue because it'll never be their money paying. There's only so much in taxes that can be borne by employers and at some point you've got to pay the piper. It's either pass costs onto the middle class or companies will not be able to grow at a rate where hiring employees is affordable.
Considering the richest 1% already pay 39% of all taxes there isn't much room for an increase. Even if you tweaked capital gains taxes again, there wouldn't be enough money. Inheritance taxes going up more would put the final nail in family owned, small farm's coffin. Earned income credit may be only place left where people can possibly be sold on the idea that any pain may be worth it.
If I'm right... those the bill is trying to save will be most harmed. This is a math argument that people are more than willing to pretend is political. Instead of saying stupid shit like Clinton, Bush, Obama, Liberal, Commie, NeoCon, etc..... people should just explain where the money is going to come from.
