Daily Archives: April 3, 2012

Repealing ‘Obamacare’ Would Explode Debt, Says Government Auditor

Repealing ‘Obamacare’ Would Explode Debt, Says Government Auditor

I just wonder how the GOP in Congress can be so myopic when it comes to the Affordable Care Act and its overall capacity to insure millions of Americans?  In an effort to make Barack Obama a “one-term president” they seem to not care about the debt and what repealing the ACA would do to it.

TPMDC

A new report by an independent government auditor concludes that implementing President Obama’s health care law as intended will make a significant dent in the long-term debt forecast.

The report comes as Supreme Court justices weigh striking some of “Obamacare’s” central provisions — and perhaps the law in its entirety — and as the Republican Party remains committed to repealing the law if it seizes control of government in November.

“[I]f the Patient Protection and Affordable Care Act (PPACA) is implemented as intended it would have a major effect on the [fiscal] gap but would not eliminate it,” the Government Accountability Office wrote in a Monday report — a conclusion in line with its own past research and similar research conducted by other government and non-government analysts.

GAO doesn’t isolate PPACA’s stand-alone contribution to long-term budget consolidation. But it does conclude that if key cost-control measures in the law, and other automatic cuts to Medicare spending baked into current law, are ignored, or overridden by Congress, the implications for the national debt are vast.

If “Obamacare” is implemented as intended, and other measures, such as automatic payment cuts to Medicare physicians, take effect, “spending on Medicare and Medicaid grows from 5 percent of GDP in 2010 to over 7 percent by 2030.”

By contrast, if Congress overrides those provisions, “[s]pending on health care grows much more rapidly under this more pessimistic set of assumptions,” according to the report. “Absent changes to these programs, spending on Medicare and Medicaid under the Alternative simulation grows to over 8 percent of GDP by 2030.”

Congress has consistently passed temporary legislation to prevent Medicare doctors from experiencing a pay cut baked into current law. But the current patch expires on Jan. 1 — along with the Bush tax cuts and the payroll tax holiday — just as other automatic cuts to Medicare are set to take effect as a penalty for the Super Committee’s failure to pass deficit-cutting legislation.

The confluence of these fiscal triggers suggests lawmakers will be forced to act quickly after the election to put the country’s budget on a more sustainable path. But if Republicans win big in November and move ahead with their plan to repeal the health care law, they’ll only make matters worse.

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Sarah Palin’s ‘oddly charming’ Today show appearance

First of all I’m still trying to get over the fact that Sarah Palin was participating with the “lamestream media”!

The Week

Mama Grizzly makes her much-hyped debut as co-host of the morning show juggernaut, impressing critics with her poise, energy, and willingness to laugh at herself

Sarah Palin joined the "lamestream media" on Tuesday as guest host of the "Today" show, impressing critics by poking fun at her 2008 struggle to name her favorite newspapers.

Sarah Palin joined the “lamestream media” on Tuesday as guest host of the “Today” show, impressing critics by poking fun at her 2008 struggle to name her favorite newspapers.

Best Opinion:  Newsday, Politico, Atlantic

Sarah Palin’s one-day stint as co-host of the Today show was billed as a showdown of sortsbetween the former vice presidential nominee and Katie Couric, the interviewer who caused Palin endless embarrassment during the ’08 campaign and who was co-hosting rival morning show Good Morning Americaon Tuesday. Sorry, Katie: Palin may have won this round, with critics hailing her performance as “oddly charming,” “magnetic,” and “poised.” During her Todaycameo, Palin predictably blasted President Obama, interviewed Tori Spelling, and weighed in on pop culture issues like Oprah Winfrey’s failing OWN network, Ashton Kutcher’s casting as Steve Jobs, and Jessica Simpson’s pregnancy weight gain. (Watch a video below.) Was her appearance as charming as critics suggest?

Palin was terrific: This was a “slam dunk for Palin,” says Verne Gay at Newsday. She shined with a “natural, born-to-camera ease;” appeared “poised, relaxed (more or less), and confident” next to her more seasoned co-hosts; and peppered the show with just the right amount of political savvy to appease her supporters. It certainly didn’t hurt that she essentially “got a wonderful free ride for two hours,” often serving less as a traditional co-host and more as an honored guest who was encouraged to enjoy herself and crack wise on pop culture.
“Sarah Palin on Today show was a slam dunk”

And she had the right attitude: Palin’s self-deprecating humor stole the show, say MJ Lee and Tim Mak at Politico. In her first shot on set, Palin perused a pile of newspapers, while she was later shown in her dressing room scribbling notes on the back of her hand — tongue-in-cheek nods to two of her most famous political gaffes. Palin later drew roars of laughter when she cracked that a lady on the street saw her entering 30 Rock and giddily told her husband, “Oh honey, I told you, Tina Fey is here.” She played nearly the entire appearance for laughs at her own expense, which was a smart move for the polarizing political star.
“Sarah Palin pokes fun at herself on Today

But the whole thing was so strange: Apparently, “mainstream television will happily subject itself to endless abuse in pursuit of ratings,” says David A. Graham at The Atlantic. How else does one explain the “bizarre spectacle” of Sarah Palin on Today? During her interview with Lauer, Palin blasted the “lamestream media.” The irony that she was voicing these sentiments “while co-hosting a show on one of the Big Three networks” was apparentlly lost on her — leading Lauer to quip that her presence “technically makes you a part of the lamestream media.”

“Video of the day: Sarah Palin’s vice president advice on Today”

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Get Your Free Ben & Jerry’s Ice Cream Cone Today!

NewsOne

Calling all ice cream lovers!  Ben & Jerry’s is once again offering their “Free Cone Day” at participating scoop shops across the globe on Tuesday, April 3.

Every year, the ice cream makers set aside one day to thank their customers for supporting them through the years.  At this year’s annual giveaway — B & J’s 34th anniversary — the company will spotlight their most-recent taste sensation, Greek Frozen Yogurt. The brand uses real Greek yogurt made through a traditional straining process that creates a thicker, creamier product.

There are approximately 800 scoop shops in the world, and even though the fans of the product eagerly anticipate this day, the Vermont-based company has always placed philanthropy at the top of their financial agenda.

Founded by Ben Cohen and Jerry Greenfield, the two hippies were the poster boys for good corporate behavior.  They sought to always support the underdog.  The entrepreneurial duo looked to employ disadvantaged people at their factories, support farm workers, and put into place eco-friendly measures to make and package their products.  The men strove to create work environments where their employees were treated with decency and respect, were paid fairly and where the family unit was held in high regard.  Cohen and Greenfield were true representations of the counter culture.

In 2000, the Unilever Corporation purchased the company, though the company’s founders are still somewhat involved in certain aspects.  Their involvement ensures that the philanthropic deeds that serve as the cornerstones of Ben & Jerry’s will continue.  Both founders have used their fame to positively influence political, social and environmental movements.

To find out where your nearest scoop shop is located so that you can get your free cone between the hours of 12:00 pm to 8:00 pm, go to the Ben & Jerry’s website for more information.

Enjoy!

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Tuesday Morning Blog Round Up

Santorum Condemns Bombing

Obama Says He’s Confident Health Care Law Will Stand

Wisconsin Planned Parenthood Bombing Latest

The New Yorker’s Tribute to Trayvon Martin

Santorum making it up as he fails along

Karl Rove says Super PAC disclosure rules are like ‘segregationists’, ..

Partisan rulings could put Supreme Court on trial in 2012

NAACP on the bottom line: ‘There is a separation between civil law and religious doctrine’

Woman Fired for Not Handing Over Facebook Password to Employer

Before Trayvon Martin’s hoodie: A history of controversial fashion

 

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