When it comes to a financial analysis of ObamaCare, no one knows what they are talking about - here's proof.

Editor's notes: understand that this report is telling us that ObamaCare has NOT been fully analyzed by anyone of serious import. Since the first failed effort to pass ObamaCare in mid-July of '09 -- and there have been 6 such failures -- there have been countless rewrites of this bill, the last being completed just four days ago !!! Yes, after more than a year of debate and lies, this "final" version was written just four days ago. Midknight Review believes that this "reform" bill is so expensive (not to mention expansive) that it will fail in all of its intended purposes except the collection of increased taxes. This Review does not believe that ObamaCare is about the take over of this nation's economy for Marxist purposes. Not at all. It is simply about the redistribution of wealth -- from the pockets of many into the pockets of the extreme wealthy, those who have to do with the banking industry of this nation and are unnamed and unknown to any of us. Understand that we are not talking about the "rich" but, rather, about those who control currencies, interest rates, the printing of money. We are talking about the same people who have run 23 trillion dollars through the TARP fund and remain fully and functionally anonymous to Joe Public. Obama doesn't even know who some of these people are. But the point of this post is about what follows below. Read with a view to understanding and, if you haven't a clue about that 23 trillion TARP thingy, take a few minutes and do a Google search on "23 trillion through TARP." Why this is not news is beyond this editor, unless, of course, those who actaully own our "news" media are part of this clandestine circumstance -- jds.

Even the Administration’s Chief Actuary at HHS cannot provide cost analysis of latest Democrat health spending bill before the vote

Chief Actuary: ‘I regret that my staff and I will not be able to prepare our analysis within this very tight time frame, due to the complexity of the legislation.’

WASHINGTON, DC The Obama administration’s chief actuary at the Centers for Medicare and Medicaid Services (CMS) notified Republican leaders Saturday that the “very tight time frame” and “complexity” of the Democrats’ health spending bill would prevent them from fully analyzing the costs and efficacy of the bill before the House voted on the legislation. The letter was in response to a request from House and Senate Republicans.

The Chief Actuary, Richard S. Foster, wrote: “In your letter, you requested that we provide the updated actuarial estimates in time for your review prior to the expected House debate and vote on this legislation on March 21,2010. I regret that my staff and I will not be able to prepare our analysis within this very tight time frame, due to the complexity of the legislation.”

Foster and his staff analyzed the Senate-passed bill and determined that it bent the cost curve up, estimating in a January 8 report that national health expenditures would increase by an estimated total of $222 billion, and that the additional demand for health services “could be difficult to meet” and “could lead to price increases, cost-shifting, and/or changes in providers’ willingness to treat patients with low-reimbursement health coverage.” Foster, in his letter today, expects the new health spending bill to be “generally similar.”

House Republican Leader John Boehner said: “The House of Representatives should not vote blindly on an issue that is so important to every American. We deserve to have all the facts about how much this bill raise health care costs before we vote. The decision to press ahead and jam this bill down the throats of the American people is just one more example of arrogance and irresponsibility from Washington Democrats.”

Senate Republican Leader Mitch McConnell said: “Americans deserve to have a full analysis of this bill, but won’t because of the mad dash forced by the Democrat leaders in the House. We now know that even the Obama administration’s chief actuary predicts more government spending, more price increases for consumers and less care for low-income patients. This debate was supposed about lowering costs for Americans not making things worse.”

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