MIT

Republicans have been flogging the notion that if we have health care reform, your premiums will go up. They have no data to back up the claim, but they repeat it endlessly. Here's a new report that throws cold water on their heads. Will this new report get the attention it deserves by the media?

Jonathan Gruber, an economist at the Massachusetts Institute of Technology provides the information for this MIT study:

A new analysis by a leading MIT economist provides new ammunition for Democrats as the Senate begins formally debating the historic health-reform bill being pushed by President Barack Obama.

The report concludes that under the Senate’s health-reform bill, Americans buying individual coverage will pay less than they do for today's typical individual market coverage, and would be protected from high out-of-pocket costs.

So Democrats will argue that under the Senate bill, Americans would pay less for more.

The new document arms Democrats with a response to the contention of Senate Minority Leader Mitch McConnell (R-Ky.) that the bill would mean “higher premiums, higher taxes, and massive cuts to Medicare.”

The “microsimulation” analysis is by Jonathan Gruber, an economist at the Massachusetts Institute of Technology and a Treasury Department official under President Bill Clinton. Gruber used data from the Congressional Budget Office.

Gruber concludes that people purchasing individual insurance would save an annual $200 (singles) to $500 (families) in 2009 dollars. And people with low incomes would receive premium tax credits that would reduce the price that they pay for health insurance by as much as $2,500 to $7,500.

The report will be circulated to Capitol Hill this week. Read the four-page report here.

As Digby says:

Now David Broder has talked to every "expert" at the Washington Post (well almost every expert) and got a different answer, so take all this with a grain of salt. Still, it's important to know what the "scientists" are saying. They often have undue influence on decision making.

Gruber should expect a fair amount of vicious attacks to be heaped on him as republican operatives will surely try to discredit him on every way possible. That's their standard MO.



10 Republican Lies for Tax Day

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The truth may set you free, but not if you're a Republican and the subject is taxes. After all, 95% of American families as promised received a tax cut from the Obama stimulus package. And while three-quarters of Americans support President Obama's proposal to roll back the Bush tax cuts for those earning over $250,000 to their Clinton-era levels, it turns out that affluent voters, too, chose Barack Obama over John McCain. Making matters worse, a Gallup poll Monday revealed that Americans' "views of income taxes among most positive since 1956."

So as their furious followers head off to their April 15th orgy of tea-bagging, the leadership of the GOP and its amen corner in the right-wing media have instead turned to tall tales on taxes.

Here, then, are 10 Republican Tax Day lies:

  1. President Obama will raise taxes on small businesses.
  2. The estate tax devastates small businesses and family farms.
  3. 40% of Americans pay no taxes.
  4. Tax cuts always increase revenue.
  5. The GOP is the party of fiscal discipline.
  6. Ronald Reagan was the greatest tax cutter of all time.
  7. FDR caused the Great Depression, or at least made it worse.
  8. Obama's cap-and-trade plan will cost each American family $3,100 a year.
  9. Obama's tax proposals will undermine charitable giving.
  10. The rich pay too much in taxes already.

For the details behind each of the GOP's Tax Day deceits, continue reading.

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