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Old 02-07-2010, 12:43 PM   #1
askmrjesus
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What the CBO report actually said was they estimated a $4.3 billion savings in mandatory spending and $160 million in discretionary spending from 2010-2019 if tort reform was instituted. The CBO report also only assigned numbers to savings for the government, not savings to consumers. They stated that one of their previous reports could not find enough evidence from states that had instituted tort reform that it had a significant effect, but they also mentioned reports from others that estimated a 7% to 9% drop in spending. Why they would estimate around $4.5 billion in savings to the government without at least a corresponding percentage savings to everyone else doesn't make much sense to me.
Well that's just it, you can spin those numbers all day long, and you still come up with no savings for consumers.

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Old 02-07-2010, 01:22 PM   #2
goof2
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Well that's just it, you can spin those numbers all day long, and you still come up with no savings for consumers.
In the current report they chose not to examine savings for consumers. They mentioned their previous report that looked at states, which is fine, but also is a double edged sword. If you look at health care reform that was supposed to lower costs in Massachusettes, which the current federal bill supposedly borrows heavily from, the cost of health care in that state is rising faster than the national average.
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