Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ckilmer
The budget deficit is not just declining—its almost going to be cut in half in 2013—to 640 billion. That’s mostly the result of economic growth. If growth keeps up—the deficit will be gone in two years or so.

Are you assuming that spending will not increase to swallow up any gains in revenue?

There is a growing sense that Obamacare doesn’t have a future. imho the Supreme Court will knock down obamacare later in the year.

Really? on what grounds? This would be wonderful news, but I'm sceptical.
15 posted on 05/20/2013 11:13:01 AM PDT by Sopater (Is it not lawful for me to do what I will with mine own? - Matthew 20:15a)
[ Post Reply | Private Reply | To 13 | View Replies ]


To: Sopater

Are you assuming that spending will not increase to swallow up any gains in revenue?
............
Sequestration & house republicans are holding the line on new spending

There is a growing sense that Obamacare doesn’t have a future. imho the Supreme Court will knock down obamacare later in the year.

Really? on what grounds? This would be wonderful news, but I’m sceptical.
.............
Agree that this one is speculative. I think the supreme court will knock it down later in the year because they fast tracked a new challenge to obamacare so that it would arrive at the supreme court this fall. The supremes actively pushed this obamacare challenge. Why would they do this? There are several reasons. But the most obvious one is that they declared Obamacare’s chief funding provision to be a tax. By doing this they made it possible to rule the entire piece of legislation to be unconstitutional because the legislation had its origins in the senate. All tax legislation has to originate in the house. Therefor the law is unconstitutional on technical grounds.

Anyhow, that’s my WAG (wild ass guess). As I mentioned the Obamacare biz is purely speculative.


16 posted on 05/20/2013 11:21:40 AM PDT by ckilmer
[ Post Reply | Private Reply | To 15 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson