Political Quotes

“I am here today to share a new and stunning revelation unearthed by my staff on the Senate Budget Committee. One of my responsibilities as the ranking member is to look at the long-term cost of legislation, so we wanted to ascertain the long-term cost of the President's health care bill--I mean the kind of long-term cost analysis that has been going on for a number of years with regard to Medicare, Social Security, and Medicaid, over a 75-year period. I was floored by what we discovered. First, let's put in a little context. President Obama told the American people repeatedly that his health care bill would cost $900 billion over 10 years and that it would not add one dime to the public debt. But we have shown that the cost score for the first 10 years of implementation, when the bill is fully implemented, is actually $2.6 trillion--almost three times as much. In addition, the offsets used to reduce the law's official cost were enormous and phony, as I have discussed before and will detail at another time. These are unacceptable offsets. You have heard the story of Mr. Mistoffelees, the Napoleon of Crime. I say that this bill is the Napoleon of criminal offsets. The more we learn about the bill, the more we discover it is even more unaffordable than was suspected. Over a period of about 3 months, our staff worked diligently to estimate the new unfunded liability that would be imposed by the passage of this legislation.…”