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August 10th, 2010

Zaun: Reason #2: Congressman Boswell Needs to be Honest with Taxpayers on Healthcare Costs

Medicare Actuary Now Says Congress’ Plan ‘Implausible’

Brad Zaun, candidate for Iowa’s 3rd Congressional district, today called on Congressman Leonard Boswell to come clean on the real costs associated with the recent federal takeover of our health care system.

“Every day, we find out more information of what the health care bills passed by Leonard Boswell will cost us. This new law is not only a monumental power grab, it’s a monumental black hole of new federal expenses. And from the beginning, Congressman Boswell hasn’t been honest with the taxpayers as to the real cost of this bill,” Zaun noted.

Zaun pointed to a new government report which questions the projected Medicare savings in the new healthcare overhaul. Changes in the Medicare program were originally projected to ‘save’ $575 billion over the next 10 years. This report, authored by the Chief Actuary for Medicare, labels those projected savings as “unreasonable” and “implausible.”

Zaun continued, “First, we had the revelation in May by the CBO that, ‘oops, the health care bill will actually cost billions more than we estimated.’ Now, we have the Chief Actuary for Medicare saying that in no uncertain terms, the ‘savings’ Congress told us about won’t materialize.”

“Congressman Boswell needs to come clean and be honest with us. If the cost savings that he claimed won’t materialize, there’s only one possible result: taxpayers will have to foot the bill. He can’t continue to have it both ways…promising huge new federal programs but not addressing the huge new federal costs,” Zaun added.

Photo by Dave Davidson

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