ANOTHER OBAMA LIE......but, did anyone really believe that this health care bill would reduce the deficit???? The other lies about Obamacare? You will find out when you need health care. “The most recent CBO estimate, released in July 2012, indicated the law was projected to reduce the deficit by $109 billion over the 10-year period from FY 2013–2022. Nevertheless, considerable changes have occurred since then: a botched rollout of the insurance exchanges; unilateral changes made by the Administration to exempt certain groups from complying with key aspects of the law; technical adjustments to CBO’s baseline projections for federal health spending; updated economic forecasts; a better understanding of the labor market effects of the legislation; and a new 10-year budget window,” the report reads in part. “Together these changes have significant implications for the sign of the deficit impact of the Democrats’ health law.” After reviewing new data, however, that number changes drastically. In all, GOP analysts say the difference between the 2012 prediction and the latest analyses amounts to $311 billion.
Posted on: Thu, 16 Oct 2014 04:10:31 +0000
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