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slipslidingaway's Journal
Posted by slipslidingaway in General Discussion
Fri Oct 14th 2011, 11:51 PM
...so where did that reduction come from, it appears a large portion (72 billion) is due to this new long term care insurance, aka CLASS.

http://journals.democraticunderground.com/...

This is important, unless the headlines meant nothing when the bill was being debated.

Generating revenue to cover the plan's cost over the 10 year period...bottom of page 7 in the CBO report. While the program itself sounds good, notice how this new piece reduces the deficit by 72 billion in the 10 year window.

Nice way to reduce the cost for Now.

The headline news was that this bill would reduce the deficit by 104 billion...







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