October 23, 2009
On MSNBC's "Morning Joe" this morning,
Rep. Paul Ryan claimed that health insurance reform would create huge deficits
and said that "history tells us we underestimate how much these
things cost and underestimate how much we save to pay for the bills." While
Ryan appears to be well versed in the history of the "Party of
No," considering he has repeatedly offered up debunked Republican talking
points about health insurance reform, such as claiming that the bill would
increase the deficit when the CBO has said it would actually reduce it, his
knowledge of legislative history appears to be lacking. As history
reminds us, at least three major health care bills passed since the 1980s have
actually overestimated expected costs and underestiamted actual savings.
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