- Peter Kinder resigns federal agency post, concludes position unnecessary and waste of tax dollars (6/16/18)2
- Longtime downtown Cape bartender Marcellus Jones remembered by friends (6/12/18)2
- Committee to start planning process for indoor aquatic center in Cape (6/20/18)1
- Stormy Daniels to visit East Cape Girardeau (6/13/18)20
- Southeast to spend $150,000 to refresh brand with Ohio firm (6/19/18)6
- A community rallies behind Honorable Young Men's Club (6/16/18)1
- New urban dance studio opens on Broadway (6/15/18)2
- Jackson natives compete in 260-mile canoe race (6/16/18)1
- Mother, child reportedly hit by car in Cape Girardeau (6/18/18)
- Neal Boyd blessed us all with his God-given talent (6/19/18)
Cost for health care law
On March 20 the editorial cartoon and a Mike Jensen article both claimed the Affordable Care Act cost estimate has doubled and that the cost is now $2 trillion. These claims are not true. If you want the facts you can go to this link: http://www.washingtonpost.com/blogs/ezra-klein/post/no-the-cbo-hasnt-doubled-its....
A quick Google search for "CBO estimate of cost of affordable care act text" will take you to the actual estimate by the CBO. On the front page it says, and I quote:
"CBO and JCT now estimate that the insurance coverage provisions of the ACA will have a net cost of just under $1.1 trillion over the 2012-2021 period -- about $50 billion less than the agencies' March 2011 estimate for that 10-year period."
To get a $2 trillion figure you have to not subtract the cost savings caused by the same act. Really. That's how Jensen got to his number. By ignoring the net cost.
It isn't that hard to get the facts. Mike Jensen appears to be lazy or not truthful.
JOHN L. COOK, Cape Girardeau