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3 Bumps

Do you think Obama's cry that Health reform would bring about a cost savings were Bogus?

Apparently the Deficit Commission does~

 Remember how Democrats boasted that health reform would cut the budget deficit by $170 billion over the next decade and far more after that? The deficit commission must not have gotten that memo. It says health spending projections under the new law “count on large phantom savings” and the reform law’s new long-term care program that the report calls “unsustainable.” As a result, Congress will still need to enact “a number of other reforms to reduce federal health spending and slow the growth of health care costs more broadly.

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~ What are large phantom savings??  Funniest description of large phantom savings gets Best Answer...  ;o)

 
grlygrlz2

Asked by grlygrlz2 at 5:31 PM on Dec. 2, 2010 in Politics & Current Events

Level 39 (106,530 Credits)
This question is closed.
Answers (15)
  • Large Phantom Savings


    P.H.A.N.T.O.M. - Progressives Have A Nice Time with Our Money

    sopranomommy

    Answer by sopranomommy at 8:38 PM on Dec. 2, 2010

  • Large phantom savings - about as real as this guy...

    scout_mom

    Answer by scout_mom at 5:52 PM on Dec. 2, 2010

  • Large phantom savings.....the kind where they say if we do this it will save 3 trillion dollars over the next 5 years while neglecting to tell you that it will cost 6 trillion dollars over the next 2.5 years.
    DSamuels

    Answer by DSamuels at 6:13 PM on Dec. 2, 2010

  • That just means gerpieluanon has no clue what the question is about.

    Phantom just basically means they pulled it out of their asses to fool the braindead.
    Carpy

    Answer by Carpy at 6:28 PM on Dec. 2, 2010

  • Rates are UP across the board. Proof of the pudding is in the eating.
    strictgram

    Answer by strictgram at 6:18 PM on Dec. 2, 2010

  • kerp1960

    Ouch kerp, does it hurt that bad that you voted for him?
    Gal51

    Answer by Gal51 at 6:47 PM on Dec. 2, 2010

  • I imagine that phantom savings comes from the same closet that the 'shovel ready jobs' came from. My guess is it's the timeout closet Biden spends so much of his time in. Maybe they let him out for a while when he comes up with a good catch phrase they can use for their talking points.

    QuinnMae

    Answer by QuinnMae at 6:49 PM on Dec. 2, 2010

  • Kerp you don't have to open posts that mak you hurt yourself. Simple concept. Anyone who thought the new plan would actually fix things or save money is delusional. Anytime you blow up what works for 80 percent of the population so you can kind of help the 10 percent who need help not a good idea.
    Anonymous

    Answer by Anonymous at 6:13 PM on Dec. 2, 2010

  • Large phantom savings must be another way of saying "fuzzy math!" LOL *sigh*
    LoriKeet

    Answer by LoriKeet at 6:42 PM on Dec. 2, 2010

  • must be another way of saying "fuzzy math!" LOL *sigh*

    or another way to say "lock box."
    Gal51

    Answer by Gal51 at 6:49 PM on Dec. 2, 2010