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Pelosi: ObamaCare 'largely responsible' for bringing down deficit
The Hill ^

Posted on 05/14/2013 5:25:54 AM PDT by Sub-Driver

Pelosi: ObamaCare 'largely responsible' for bringing down deficit By Daniel Strauss - 05/14/13 07:51 AM ET

House Minority Leader Nancy Pelosi (D-Calif.) said Monday that President Obama’s landmark healthcare reform law is helping to bring down the deficit.

"Many of the initiatives that he passed are what are coming to bear now, including the Affordable Care Act," Pelosi said in an interview with MSNBC's Chris Hayes. "The Affordable Care Act is bringing the cost of health care in our country down in both the public and private sector. And that is what is largely responsible for the deficit coming down."

The CBO reported last week that the federal budget deficit declined in the first seven months of fiscal year 2013 compared to 2012.

Pelosi’s comments come as the administration begins to roll out their healthcare reforms amid controversy and pushback from GOP lawmakers who have vowed to undo the law.

Republicans and Democrats have sparred over the effect of the healthcare reform law on the nation’s budget, with GOP lawmakers warning it will increase the deficit.

A February report from the Government Accountability Office (GAO) cautioned that the law could either increase or decrease the deficit depending on the success and implementation of numerous cost-cutting provisions in its language.

Republicans, however, seized on the report, arguing that its figures showed a likely $6.2 trillion deficit increase over the next 75 years, based on the end of cost-containment measures.

The administration, though, has cited estimates from the Congressional Budget Office (CBO) that the law will cut the deficit.

In February, the CBO said the law would cost $1.3 trillion over the next 10 years, but said that it would reduce the deficit through measures to raise revenue within the bill, including new fees on drug companies and savings from lower Medicare reimbursement rates.

In her interview, Pelosi also jabbed at lawmakers who have argued the best way to reduce the deficit is through cutting federal spending.

"So those investments are important. So when we turned away -- if you want to call frugality, we`re wise about how we spend, OK," Pelosi said. "If you want to, austerity, cut the public role, that does nothing except hurt the deficit.”


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: peloiobamacare; pelosilies; pelosiobamacare; pelosiunfacts
How she gets away with saying this stuff is beyond me and not getting called on it.............
1 posted on 05/14/2013 5:25:54 AM PDT by Sub-Driver
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To: Sub-Driver

moron


2 posted on 05/14/2013 5:27:01 AM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Sub-Driver

They throw garbage against a wall because they can.

The media does not challenge them.

My medications have risen over 100% this year and I look forward to much higher bills in the future.


3 posted on 05/14/2013 5:27:19 AM PDT by OpusatFR
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To: Sub-Driver

She was on MSNBC. That is why she gets away with it. Most people are getting used to crazy things coming from her. Kind of like Biden. You just shrug and say “consider the source”!


4 posted on 05/14/2013 5:28:45 AM PDT by Old Retired Army Guy
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To: Sub-Driver
has cited estimates from the Congressional Budget Office (CBO) that the law will cut the deficit.

..isn't that just the opposite of what the CBO said?

5 posted on 05/14/2013 5:28:51 AM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Sub-Driver

BTW, the media is essentially lazy.

A lie takes a moment, but it takes work to research and bring out the facts to disprove it.

Reporters and news services are lazy. They won’t do the work.


6 posted on 05/14/2013 5:28:53 AM PDT by OpusatFR
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To: Sub-Driver
She needs to be humiliated publicly for saying crap like this. She is worse than disgusting. There is no measured way to respond to this.
7 posted on 05/14/2013 5:29:32 AM PDT by pieceofthepuzzle (Hil)
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To: Sub-Driver

Welcome to Nancy’s Fantasyland, where our deficit is under control because of a massive new entitlement. Now if the “rich” would just pay their “fair share” of taxes, the rest of the deficit will go away and we’ll have even more money to spend on Welfare and Food Stamps.


8 posted on 05/14/2013 5:31:17 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Old Retired Army Guy
Most people are getting used to crazy things coming from her. Kind of like Biden. You just shrug and say “consider the source”!

And then they vote for them again anyway.

We are about to live out John Wayne's proverb:
Life's hard, its even harder if you're stupid.

9 posted on 05/14/2013 5:32:26 AM PDT by mountn man (The Pleasure You Get From Life Is Equal To The Attitude You Put Into It)
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To: Doogle
..isn't that just the opposite of what the CBO said?

"When I use a word," Humpty Dumpty Pelosi said, in rather a scornful tone, "it means just what I choose it to mean — neither more nor less."

10 posted on 05/14/2013 5:32:57 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Sub-Driver

I see the crazy aunt has escaped the root cellar again.


11 posted on 05/14/2013 5:36:21 AM PDT by V_TWIN
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To: mountn man

“And then they vote for them again anyway”. She represents San Francisco. Enough said.


12 posted on 05/14/2013 5:39:57 AM PDT by Old Retired Army Guy
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To: Sub-Driver

This woman is laughably insane.


13 posted on 05/14/2013 5:41:23 AM PDT by Amagi (Obama is never so animated as when he is assaulting the Constitution.)
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To: Sub-Driver

I see this stuff about Pelosi and wonder how in the heck the asylum hasn’t heard where she is by now, and come to pick her up.


14 posted on 05/14/2013 5:41:26 AM PDT by DoughtyOne (Leftist, Progressive, Socialist, Communist, fundamentalist Islamic policies, the death of a nation.)
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To: Sub-Driver
 photo NANCY_zps608ff00d.gif
15 posted on 05/14/2013 5:44:13 AM PDT by baddog 219
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To: Sub-Driver
Pelosi: Every time a welfare check is cashed, a magic baby rhinodonkey is born. And when that rhinodonkey proposes a new gun control law, Obamacare covers another pre-existing condition and adds 15 million new union jobs to the labor market.
16 posted on 05/14/2013 5:45:44 AM PDT by Casie (democrats destroy)
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To: Sub-Driver

Unbelievable, the woman sounds like she’s on drugs......


17 posted on 05/14/2013 5:46:11 AM PDT by Lakeshark (!)
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To: Sub-Driver

The woman is crazy....has lost all contact with reality.


18 posted on 05/14/2013 5:48:35 AM PDT by True Grit
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To: Sub-Driver

The “Pelosi Book of Idiotic Comments” continues to get more pages.


19 posted on 05/14/2013 5:49:51 AM PDT by From The Deer Stand
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To: Doogle

She’s a raving lunatic. (nancy, too)


20 posted on 05/14/2013 5:50:54 AM PDT by novascotianative
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To: Casie

21 posted on 05/14/2013 5:51:07 AM PDT by Casie (democrats destroy)
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To: baddog 219
Dumber than ....


22 posted on 05/14/2013 5:52:16 AM PDT by 11th Commandment (http://www.thirty-thousand.org/)
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To: Sub-Driver

23 posted on 05/14/2013 5:52:26 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: Sub-Driver

She’s blathering because she thinks she’s going to get the gavel back after the next elections.

If this old witch found a dollar on the street she would say it helps the deficit.


24 posted on 05/14/2013 5:54:57 AM PDT by mardi59 (IMPEACH OBAMA NOW!!!!!)
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To: Sub-Driver
How she gets away with saying this stuff is beyond me and not getting called on it.............

Perhaps Evil has succeeded in fundamentally transforming America?
25 posted on 05/14/2013 5:55:41 AM PDT by Resettozero
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To: Sub-Driver

Because she only talks to her fellow morons in the media.


26 posted on 05/14/2013 5:56:20 AM PDT by Cincinatus (Omnia relinquit servare Rempublicam)
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To: Cincinatus
Because she only talks to her fellow morons in the media.

She is also talking to the morons (correct name for low information voters) in the audience who will sigh with relief that they don't have to give up their Obamaphones to get free health care because if Pelosi said it and it was on the news, it must be true.

27 posted on 05/14/2013 6:02:16 AM PDT by trubolotta
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To: Sub-Driver

I had a long dissertation written about how Nancy doesn’t understand how cause and effect works. I erased it after I realized that the real problem is that she’s just a greedy piece of s**t.


28 posted on 05/14/2013 6:05:29 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Sub-Driver
Increased taxes from Obamacare, the elimination of the 2% payroll tax holiday, and the additional taxes on the rich increased revenue. The real costs of Obamacare will be felt next year, so we are getting the tax revenue now and the costs later.

Still, we will run close to a trillion dollar deficit again this fiscal year.

29 posted on 05/14/2013 6:07:02 AM PDT by kabar
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To: Sub-Driver
LOL! That's hilarious. Yeah, cost's have really come down:


30 posted on 05/14/2013 6:07:33 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Sub-Driver
This is an out and out lie. It is not the first lie from Pelosi. Pelosi said “Under the health care law, “everybody will have lower rates, better quality care and better access.””

http://www.politifact.com/truth-o-meter/statements/2012/jul/06/nancy-pelosi/nancy-pelosi-says-everybody-will-get-more-and-pay-/

The deficit has increased greatly under Obama and Obamacare will cause it to increase more.

31 posted on 05/14/2013 6:07:45 AM PDT by detective
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To: Sub-Driver

I don’t know why I always seem stunned. That they say things like this....that they get away with it and don’t get laughed out of a room....that some LIVers (Low Info Voters) will hear it and believe it.

Here is the formula that causes liberals to say things like this:

Let’s you are filling a swimming pool with water. But we don’t want water in the pool. It’s a bad thing in this case. Puppies and Children are in the pool or something. When the pool gets full, it’s life and death......NOW....... A democrat cheers and runs to reporters to brag about reducing the flow of water into the pool from 50 gallons/per hour to 45 gallons/per hour.

“WE REDUCED THE WATER IN THE POOL!” - Democrat Politician

They have accomplished nothing. It’s numbers on paper. The Puppies and Children are doomed while democrats high five each other and dance with joy.


32 posted on 05/14/2013 6:09:03 AM PDT by Tenacious 1 ("The British are Coming (to confiscate weapons)" - Paul Revere (We know how that ended))
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To: Sub-Driver
We live in the time of universal deceit that George Orwell warned us about.
33 posted on 05/14/2013 6:10:15 AM PDT by E. Pluribus Unum (Islam is a religion of peace, and Moslems reserve the right to detonate anyone who says otherwise.)
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To: Sub-Driver

Now you are just promoting the lie as an art form... you succubus from hell.

LLS


34 posted on 05/14/2013 6:36:08 AM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
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To: Doogle

The last cbo estimate was 4.7 Trillion over 10 years... I think?

LLS


35 posted on 05/14/2013 6:37:10 AM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
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To: Sub-Driver

Come on San Fran Nan, you told us a while back that food stamps and unemployment benefits were powerful economic stimulants. And now you come back and tell us Obamacare is responsble for increased tax revenues.

It’s all so confusing.


36 posted on 05/14/2013 6:37:44 AM PDT by Will88
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To: Sub-Driver

You answered your own question — not getting called on it is how she gets away with saying this stuff.


37 posted on 05/14/2013 6:52:16 AM PDT by cincinnati65
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To: Sub-Driver

I’m surprised she can even make her lips move with all that botox in her face.


38 posted on 05/14/2013 11:42:39 AM PDT by New Jersey Realist (America: home of the free because of the brave)
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To: New Jersey Realist

With the devil’s hand up her butt, animating every thing she does as a sock puppet for evil, she could probably fly too! get her a broom, she’ll show you!


39 posted on 05/14/2013 11:46:11 AM PDT by MHGinTN (Being deceived can be cured.)
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