A Congressional Budget Office report on Obamacare found that it will actually cost nearly twice as much. Evidently bthere was some chicanery in the Administration’s acounting whereby the program would not pay out benefits the first four years while it was still collecting tax revenues and hence the deception on the cost. For ten years when the policy is active it is far costlier than described.
image of friendly politician interviewed by public television in Juneau Alaska
There are additional interesting politics being business as usual-ed through this week. The highway bill to fund public highway construction projects with asphalt for fossil fuel carbon dioxide emmiting vehicles is up for renewal. In theory the billions and billions spent on that should for once be spent on developing newer forms of ground transportation while the roads should no longer be subsidized by the federal government.
Existing roads might be leased for toll road pay by users (to U.S. businesses) and prizes might be given for systems designs of complete new ground transport modalities.
In Alaska U.S. Senator Nick Begitch told a joint session of the Alaska State Legislature that it should prepare for “an Arctic boom” presumably of industrial development, slaughter of wildlife and rampant oil drilling. Does he know something as a Democratic Party insider?
http://www.alaskadispatch.com/article/begich-calls-alaska-legislature-prepare-arctic-boom
The U.S. Senate voted recently not to allow the invasion of the Arctic National Wildlife Refuge by foreign or domestic drillers.
If the Alaska State legislature had voted to support construction of a gas pipeline from the slope to Cook Inlet the state would have been ready to export natural gas to China who likely would be a regular customer. The state is worried about declining oil revenues to fund the state government Soviet and privileged insiders working for derivative receivers of fossil fuel royalty revenues. Though it would be better to develop new non-fossil fuel methods of producing energy-even japan would buy natural gas from Alaska now after the tsunami if it were available. Those guys just are too trained by oil insiders to think outside the crude.
Garrison Gibson: books and blog 