Tuesday, October 30, 2007

The Logic of S-CHIP

This video captures extremely well what Congressional Democrats claim to be doing on S-CHIP:

The thing is, it's not actually true.

In funding S-CHIP, Democrats project that 22 million people will take up smoking and pay the taxes needed to fund the expansion. In reality though, they know that won't happen. It's just a paperwork gimmick to make it look like the program is paid for, so they can pass the measure under Congress' pay-go rules. Instead, the additional cost will simply be tacked on to the national debt -- to be paid for down the road by higher income taxes on all Americans.

Now do you feel better?

Update: Rob points out:

Good point, but don't forget it was Heritage that did the research about the 22 million.

True. Point taken.

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