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BREAKING : CBO Says Repealing ObamaCare Would Reduce Net Spending by $540 Billion
The American Spectator ^ | January 07, 2011 | Philip Klein

Posted on 01/07/2011 12:32:15 PM PST by RobinMasters

The Congressional Budget Office, in an email to Capitol Hill staffers obtained by the Spectator, has said that repealing the national health care law would reduce net spending by $540 billion in the ten year period from 2012 through 2021. That number represents the cost of the new provisions, minus Medicare cuts.

Repealing the bill would also eliminate $770 billion in taxes. It's the tax hikes in the health care law (along with the Medicare cuts) which accounts for the $230 billion in deficit reduction.

Full email, from Edward "Sandy" Davis, CBO's Associate Director for Legislative Affairs, below.

(Excerpt) Read more at spectator.org ...


TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; Culture/Society; News/Current Events; US: Pennsylvania; US: Texas
KEYWORDS: cbo; commiecare; debt; healthcare; jan2011; mikefitzpatrick; obama; obamacare; palin; pennsylvania; petesessions; repeal; spending; texas; weiner; whiner; youlie
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To: RobinMasters

Logic, rather than pencil whipping, has kicked in!


101 posted on 01/07/2011 4:32:56 PM PST by Road Warrior ‘04 (I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
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To: Hotlanta Mike

She claimed on CNN today that the Dems lost the house because of.... wait for it..... Bush.


102 posted on 01/07/2011 4:41:00 PM PST by Volunteer (Though I know that the hypnotized never lie, do ya? - The Who)
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To: nutmeg; Nachum; Gapplega; flat; unkus; MamaDearest; ridesthemiles; onyx; freekitty; JLAGRAYFOX

The lies, fraud, and corruption associated with DeathCare must be exposed. We The People are angry now; rage will follow when the truth about this power-grab and plotted Holocaust is made known. Zero can veto the bill all he wants and Reid can play his sleaze bag games in the Senate, but, IMO, the country will erupt when their dirty secrets are exposed. What’s in this disastrous bill will help us clean the DC sewer in 2012. Politicians in office today, who knew about the fraud, should be indicted and forced out of office or recalled. It’s time to start calling DC 24/7 demanding full disclosere of everything in ObamaCare. I think we can all agree that our very lives depend on it. Rationed care results in lives lost.


103 posted on 01/07/2011 4:46:47 PM PST by ExTexasRedhead
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To: RobinMasters

Repealing the bill would also eliminate $770 billion in taxes

what are those taxes?


104 posted on 01/07/2011 4:57:51 PM PST by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
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To: ExTexasRedhead

They are sick.


105 posted on 01/07/2011 5:22:01 PM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: RobinMasters

As Tony Snow used to say... “Delicious!”


106 posted on 01/07/2011 5:53:50 PM PST by abbyg55
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To: RobinMasters

LMAO!

The lying fasscists have been all over the news whining about the promised bill to repeal obastard care as meaningless, symbolic, etc., and that the CBO numbers from when they submitted and passed the bill (with their cooked numbers) show big savings, touting the old CBO numbers over and over. Congresswoman Bernice what’s-her-name from MD was just on touting that POS bill. Weiner, Schumer and others have been all over the place running their lying mouths about the cost.

Now this comes out. I’ve been wondering if and when somebody was going to submit the real numbers to CBO and get a somewhat accurate idea of the horrific costs of this abomination. Maybe Paul Ryan or somebody else wrote a bill or requested a new analysis from the CBO in connection with the bill to repeal.

At any rate, the rats have been all over the place lying their asses off about the cost in the last couple days so I’ll take that to mean they were already aware of this report and tried to get ahead of its release with a blanketing of the air waves with their lies.


107 posted on 01/07/2011 5:59:01 PM PST by ratsreek
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To: ArmstedFragg

I’ve got some faith in Paul Ryan and some of the others to not shoot themselves in the foot.

But can they get a broad enough venue and a loud enough voice to shout over the slimestream media and their lying, fascist darlings in congress is the question.


108 posted on 01/07/2011 6:17:14 PM PST by ratsreek
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To: RC one

They want that tax money so they can hand it out to their pet groups so they can get some of it back in the form of campaign contributions in order to seal their power as the ruling party in perpetuity.

That’s all this was ever about. Redistribute the wealth by taking it from the middle class and giving it the ne-er do wells and taking their cut in the process.

It’s no different from the way the Mafia operated for years. It’s just a big shakedown.


109 posted on 01/07/2011 6:21:48 PM PST by ratsreek
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To: RC one

They want that tax money so they can hand it out to their pet groups so they can get some of it back in the form of campaign contributions in order to seal their power as the ruling party in perpetuity.

That’s all this was ever about. Redistribute the wealth by taking it from the middle class and giving it the ne’er do wells, blacks and unions and taking their cut in the process.

It’s no different from the way the Mafia operated for years. It’s just a big shakedown.


110 posted on 01/07/2011 6:23:16 PM PST by ratsreek
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To: The Comedian

What did the CBO do wrong?


111 posted on 01/07/2011 6:27:06 PM PST by ratsreek
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To: Red_Devil 232

Belated thanks !


112 posted on 01/07/2011 6:28:34 PM PST by VRWCTexan (Those who forget history, are doomed to repeat it !)
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To: Revel

Not just jobs - whole businesses, and possibly whole industries.

obastardcare is suicide, just as intended.


113 posted on 01/07/2011 6:31:51 PM PST by ratsreek
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To: RobinMasters

******in an email to Capitol Hill staffers

..Repealing the bill would also eliminate $770 billion in taxes. It’s the tax hikes
**********

Note that this was sent to STAFFERS, the general pubic left out!

Vampire-Care is and always is about LEVERAGING revenue, leaving themselves EXEMPT.... no matter the trick legalese language for “revenue”, for the Beltway pensions plus.

Revenue on steroids, anytime, anyone, anywhere. They of course exempted themselves.


114 posted on 01/07/2011 6:36:16 PM PST by Varsity Flight
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To: ratsreek
What did the CBO do wrong?

Added to the weight of evidence that they are as dependable and faithful as a call girl.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

115 posted on 01/07/2011 6:42:34 PM PST by The Comedian (Puzzling puzzle pieces precisely proliferating panoramically.)
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To: The Comedian

I’m not convinced the author understands the function and restrictions under which the CBO operates.

In essence, the author slams the CBO for not applying political theory to the tasks before them. The CBO cannot use theoretical persuasions in their calculations, nor should we want them to.

The entity that should be condemned by the Cato Institute author is congress as a whole and the individual congressmen who submit bills with cooked numbers and incomplete/skewed/falsified data to them. That’s the form in which political theory and objectives enter (and taint) the CBO’s accounting reports, and it’s created by the snakes that are known as “staffers” to these congressmen. This has been going on for decades.


116 posted on 01/07/2011 7:00:35 PM PST by ratsreek
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To: Recovering_Democrat; StarFan; Dutchy; alisasny; BobFromNJ; BUNNY2003; Cacique; Clemenza; Coleus; ...
"TIME FOR AN ASSAULT ON EVERY DEMOCRAT SENATOR UP FOR RE-ELECTION IN 2012..."

The follow up to what happens in the House is going to be very interesting ...and IMPORTANT.
If the House republicans present good arguments for the repeal and then Senate democrats try to counter their arguments we have an opportunity to make an issue of their partisan destructiveness. The media will try to avoid obvious disparities in the democrat positions.

117 posted on 01/07/2011 7:02:01 PM PST by Baynative (Truth is treason in an empire of lies)
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To: RobinMasters
Michele Bachmann Owned Anthony:

A Challenge to Cut Spending

http://www.youtube.com/watch?v=5zn2JDR1Dkk

Congresswoman Michele Bachmann (MN-6) called for serious efforts to cut federal spending during a debate with Congressman Anthony Weiner (D-NY) Thursday night on Hannity on FOX News.

118 posted on 01/07/2011 7:02:44 PM PST by jacknhoo (Luke 12:51. Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
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additional:
http://www.freerepublic.com/focus/chat/2653119/posts


119 posted on 01/07/2011 7:09:08 PM PST by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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To: RobinMasters

But but, but, the commies said that ending Obamacare would raise the deficit!


120 posted on 01/07/2011 7:15:37 PM PST by meyer (Obama - the Schwartz is with him.)
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