Just the facts man!

The Administration of our recently elected 'savior of the world' is really worried that you don't have the facts about health care reform. They are so worried that they sent out an email telling you to watch various videos that will give you 'just the facts.'

Well I don't trust our beloved Administration so I sought out 'just the facts' myself. All of these facts come from the current version of H.R. 3200.

Fact number 1. This will cost us money we don't have (i.e we have to borrow it). Read the facts:

Sec 222 Premiums and Financing

"(2) START-UP FUNDING-
(A) IN GENERAL- In order to provide for the establishment of the public health insurance option there is hereby appropriated to the Secretary, out of any funds in the Treasury not otherwise appropriated, $2,000,000,000. In order to provide for initial claims reserves before the collection of premiums, there is hereby appropriated to the Secretary, out of any funds in the Treasury not otherwise appropriated, such sums as necessary to cover 90 days worth of claims reserves based on projected enrollment.
(B) AMORTIZATION OF START-UP FUNDING- The Secretary shall provide for the repayment of the startup funding provided under subparagraph (A) to the Treasury in an amortized manner over the 10-year period beginning with Y1.
(C) LIMITATION ON FUNDING- Nothing in this section shall be construed as authorizing any additional appropriations to the Account, other than such amounts as are otherwise provided with respect to other Exchange-participating health benefits plans."

This is JUST for the public health insurance option. 2 BILLION plus enough to cover 90 days worth of claims. In other words, we don't know exactly how much. And then we're SUPPOSED to pay back the money. HA! We can't service the debt we have now! Here's one snipet from the Congressional Budget Office website:

"CBO estimates that the federal government incurred a deficit of $1.3 trillion in the first 10 months of fiscal year 2009. Outlays were $526 billion greater than those in the October-July period last year, while revenues have fallen by $353 billion."

So we're spending more than we take in, we're already in debt and the Administration wants to add another 2 plus billion JUST for the Public Option. Can ANY economics major tell me how this is viable? Without Voodoo economics?

Fact number 2: You WILL be taxed no matter what.

Section 207 Health Insurance Exchange Trust Fund

(side note when the government says "Trust Fund" you shouldn't)

"(1) DEDICATED PAYMENTS- There is hereby appropriated to the Trust Fund amounts equivalent to the following:
(A) TAXES ON INDIVIDUALS NOT OBTAINING ACCEPTABLE COVERAGE- The amounts received in the Treasury under section 59B of the Internal Revenue Code of 1986 (relating to requirement of health insurance coverage for individuals)."

Whether you want coverage or not, you WILL pay a tax. That means if you opt for ANY alternative type 'insurance' plan that doesn't meet their standards, you pay.

Fact number 3: INCREASED government

"SEC. 141. HEALTH CHOICES ADMINISTRATION; HEALTH CHOICES COMMISSIONER.
(a) In General- There is hereby established, as an independent agency in the executive branch of the Government, a Health Choices Administration (in this division referred to as the ‘Administration’).
(b) Commissioner-
(1) IN GENERAL- The Administration shall be headed by a Health Choices Commissioner (in this division referred to as the ‘Commissioner’) who shall be appointed by the President, by and with the advice and consent of the Senate.
(2) COMPENSATION; ETC- The provisions of paragraphs (2), (5), and (7) of subsection (a) (relating to compensation, terms, general powers, rulemaking, and delegation) of section 702 of the Social Security Act (42 U.S.C. 902) shall apply to the Commissioner and the Administration in the same manner as such provisions apply to the Commissioner of Social Security and the Social Security Administration."

If we have to pay this newly appointed clown, then it's increased government.

OK folks, there you have it 3 FACTS coming right out of H.R. 3200.

Don't let anyone fool you. There are serious problems with this bill and these are but 3 of them.