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Thursday, September 9, 2010

Health Care Overhaul Will Raise Health Care Costs

WASHINGTON -- The nation's health care tab will go up -- not down -- as a result of President Barack Obama's sweeping overhaul. That's the conclusion of a government forecast released Thursday, which also finds the increase will be modest.

The average annual growth in health care spending will be just two-tenths of 1 percentage point higher through 2019 with Obama's remake, said the analysis. And that's with more than 32 million uninsured gaining coverage because of the new law.

"The impact is moderate," said economist Andrea Sisko of Medicare's Office of the Actuary, the nonpartisan unit that prepared the report.

Factoring in the law, Americans will spend an average of $13,652 per person a year on health care in 2019, according to the actuary's office. Without the law, the corresponding number would be $13,387.

That works out to $265 more with the overhaul. Currently, Americans spend $8,389 a year per person on health care. - FOX News Story

Tuesday, September 7, 2010

California Democrat has lost Lead in Re-Election Bid

Democratic incumbent Barbara Boxer and her Republican challenger Carly Fiorina remain in a dead heat in California’s race for the U.S. Senate.

The latest Rasmussen Reports statewide telephone survey of Likely Voters, including leaners, shows Fiorina picking up 48% of the vote, while Boxer draws support from 47%. Two percent (2%) prefer some other candidate, and three percent (3%) remain undecided.

These numbers show a slight shift from results with leaners found two weeks ago, when Boxer led Fiorina 49% to 44%. Leaners are those who initially indicate no preference for either of the candidates but answer a follow-up question and say they are leaning towards a particular candidate. From this point forward, Rasmussen Reports considers results with leaners the primary indicator of the race.

This contest continues to be a Toss-Up in the Rasmussen Reports Election 2010 Senate Balance of Power rankings. - Rasmussen Reports Poll

Democrats Launch $2 Million Health Care Sales Pitch

The Democrat-led Health Information Center will go live Wednesday with a $2 million national ad campaign touting the new law’s early-to-implement insurance reforms and throwing a pro-reform voice onto airwaves currently dominated by anti-reform messages.

The ads are the Center's first move to defend the health reform law but far from its last. Founded by top Democratic strategists earlier this summer, the Center is a multi-million-dollar effort to show off the law's benefits while also batting down what the group considers false claims and misinformation. Where Democratic politicians have shied away from discussing the controversial health overhaul on the stump, turning their attention toward jobs and the economy, the Center will tackle the issue head on. - Politico Story

Latest Polls Show Democrats in Real Trouble

The fearsome Category 4 political storm facing Democrats looks like it’s turning into a crushing Category 5.

New polls out Tuesday morning, at the start of the homestretch to midterm elections on Nov. 2, point to an escalating anti-incumbent tide that looks increasingly likely to cost Democrats control of the House, and perhaps even the more secure Senate. - Politico Story

Obama Plays to His Team - The Unions

In his second Labor Day in office, President Obama returned to the site of his Labor Day speech in the heart of campaign 2008 — Milwaukee — and a crowd of union supporters to kick off his defense of Democrats who are struggling to retain control of Congress in campaign 2010.

He used the appearance to do what many Democrats have hoped he'd have done all year: Fight back against Republican opposition and focus on issue number one for voters, the economy.

"I'm going to keep fighting, every single day, every single hour, every single minute, to turn this economy around; to put people back to work; to renew the American Dream for your families and for future generations," he told the crowd of over 10,000.

He not only unveiled a new proposal to rebuild 150,000 miles of roads, 4,000 miles of rail and 150 miles of America's runways; he also began his defense of his and Congressional Democrats' actions on the economy by lashing out at the Republicans'.

"When it comes to just about everything we've done to strengthen the middle class and rebuild our economy, almost every Republican in Congress said 'no.' Even where we usually agree, they say 'no,'" Mr. Obama said.

But he wasn't done: "They think it's better to score political points before an election than to solve problems. So they said 'no' to help for small businesses.... 'No' to middle-class tax cuts.... 'No' to clean energy jobs. 'No' to making college affordable. 'No' to reforming Wall Street. They are saying, right now, 'no' to cutting more taxes for small businesses," said Mr. Obama in referring to a small business bill that is stalled in the Senate.

The President summed up the Republican opposition as the "No, We Can't" party, compared to his campaign slogan of "Yes, We Can."

"I personally think 'Yes We Can' is more inspiring than 'No, We Can't,'" he quipped. - CBS News Story

Obama Has Driven his Party into the Ditch

Swelling economic discontent has pushed dissatisfaction with the federal government to its highest level in 18 years, with the same forces that put Barack Obama on the road to the presidency two years ago now threatening to undo his party's control of Congress.

Two months before the 2010 midterm elections, like voters now favor the Republican over the Democratic candidate in their congressional district by 53-40 percent, the widest GOP margin on record in ABC News/Washington Post polls since 1981.

Beneath that result: Broad rejection of the status quo.

Consider:

• Ninety-two percent of Americans say the economy's in bad shape. A mere 24 percent believe it's improving. And for the first time numerically more say Obama's economic program has made the economy worse, 33 percent, than improved it, 30 percent. Views that he's helped the economy have dropped by 9 points since spring.

• A majority, 52 percent, now disapproves of the way Obama is handling his job overall, another first in ABC/Post polls. Intensity increasingly is against him, with those who disapprove "strongly" outnumbering strong approvers by 14 points. A record 57 percent rate him negatively on handling the economy, "strongly" so by an even wider margin, 2-1.

• Seventy-eight percent now describe themselves as dissatisfied with the way the federal government is working, up 14 points just since July to the most since October 1992. That includes 25 percent who are "angry," tying the record. Among likely voters, 30 percent are angry – and they favor Republican candidates by a vast 47-point margin. - ABC News Story

Friday, September 3, 2010

Stimulus Fails - Unemployment Rises

WASHINGTON -- The U.S. unemployment rate rose in August for the first time in four months as weak hiring by private employers wasn't enough to keep pace with a large increase in the number of people looking for work.

The Labor Department says companies added a net total 67,000 new jobs last month, down from July's upwardly revised total of 107,000. Wall Street analysts expected a smaller gain, according to Thomson Reuters.

Overall, the economy lost 54,000 jobs as 114,000 temporary census positions came to an end. State and local governments shed 10,000 positions. The jobless rate rose to 9.6 percent from 9.5 percent in July.

More than a half-million Americans resumed their job searches in August, which drove up the jobless rate. - FOX News

Arizona Governor Falls Apart in Opening of Debate

Obama Trying to Figure out How to Spend your Money to Help Elections

The Obama administration is mulling a raft of emergency fixes to stimulate the economy before the midterms, including an extension of the research and development tax credit and new infrastructure spending, according to several people familiar with the situation.

Administration officials have been huddling almost continuously during the past week, brainstorming for ideas that would boost employment without hiking the massive federal deficit – with Treasury Secretary Tim Geithner rushing to the West Wing for further consultations late Thursday.

The White House press office on Thursday refused to say how much a financial package might be, other than to say it won’t be a “second stimulus.” But the administration will have a tough time selling nearly any package to terrified, Obama-phobic Hill Democrats who increasingly blame the president – and his ambitious, expensive legislative agenda – for their dismal prospects this November.

The meetings, which had Obama huddling with his economic advisers twice in the last seven days, have yielded no specific proposals. But he’s given the team a priority: find ways to pay for as many of the ideas, mostly tax breaks, as possible without a deficit increase, an administration official told POLITICO. - Politico Story

Obama Has Cut Border Security by almost 50%

President Obama thinks that by recently signing a new bill spending $600 million to beef up border enforcement he will look tough on illegal aliens. But decisions such as today’s lawsuit by the Justice Department against Maricopa County Sheriff Joe Arpaio to stop his policies regarding illegal aliens shows where the administration’s policies are really headed.

The bill Obama signed, which authorizes the hiring 1,500 new border personnel, the deployment of a pair of unmanned reconnaissance drones, and replacing some bases along the border is valuable, but it hardly undoes what the president has done up to this point. With a recent Rasmussen poll showing that 68 percent of U.S. voters support a plan to continue building a fence on the Mexican border, Obama's change strikes one as a temporary smoke screen.

Up until now the president has worked to cut the number of border agents. 384 border agents were cut last October 1st and in the 2011 fiscal year budget Obama proposed cutting another 180 agents through attrition.

But it isn't just his record of previously reducing the number of border agents. Obama has strongly opposed the use of fences, whether real ones or virtual ones. In March, he halted funding for the physical fence. Spending on "Total, CBP/Border Security Fencing, Infrastructure, and Technology" (which included the virtual fence) has fallen from $1.05 billion in 2008 at the end of the Bush administration to $800 million in 2010 to $574 million in the coming 2011 budget. That is a $479 million annual cut, something that isn't going to be made up with a pair of unmanned drones.

Unfortunately, Obama appears to wish for continued illegal immigration as his administration has actively tried to stop states from helping enforce current federal laws. Consider the many actions that Obama has taken so far: - FOX News Story