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Author Topic: Do the Math -- Obamacare Would Increase Deficits by $59 Billion  (Read 1033 times)

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Offline George

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Quoting from the article...

The CBO's scoring rules don't paint the full picture of what the health care plan before Congress would really wind up costing Americans. The truth is, Obama plan would vastly increase the size and scope of the federal government, and increase our already record federal deficit.

Democrats have so thoroughly gamed the budget process and the Congressional Budget Office’s scoring rules that the official cost estimates of the Obama health plan reveal but a sliver of the legislation’s full cost. The Obama plan would vastly increase the size and scope of the federal government, and increase our already record federal deficit.

To hear Democrats tell it, the CBO projects the legislation would cost a mere $940 billion over the next 10 years. The CBO said no such thing: that figure pertains only to provisions aimed at expanding health insurance. Other spending provisions bring the cost to $1.2 trillion.

Read the whole mess below...

http://www.foxnews.com/opinion/2010/03/20/michael-f-cannon-cato-cbo-health-care-reform-democrats-false/
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