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

Skip to comments.

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
Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100 ... 141-149 next last
To: RobinMasters
I keep hearing Republicans reciting that "repeal and replace" line. That's bothersome.
61 posted on 01/07/2011 1:27:57 PM PST by Glenn (iamtheresistance.org)
[ Post Reply | Private Reply | To 1 | View Replies]

To: marstegreg

I don’t think there’d be much “collateral damage” if that were to occur ;)


62 posted on 01/07/2011 1:30:20 PM PST by FlashBack ('0'bama: "Katrina on a Global Level")
[ Post Reply | Private Reply | To 60 | View Replies]

To: FlashBack

I don’t think there’d be much “collateral damage” if that were to occur ;)

:D

Lololololol!!!!!!


63 posted on 01/07/2011 1:34:02 PM PST by marstegreg
[ Post Reply | Private Reply | To 62 | View Replies]

To: RobinMasters

bookmark


64 posted on 01/07/2011 1:34:29 PM PST by no-to-illegals (Please God, Bless and Protect Our Men and Women in Uniform with Victory. Amen.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: marstegreg

“I can’t wait for Mr. Weiner to find out! He’s been yelling at all the repubs. that repealing Obamacare would raise the deficit. I guess he was wrong.”

I hope all Freepers in Weiner’s 9th District email him this CBO report with a few words callimg him the liar he is!


65 posted on 01/07/2011 1:41:04 PM PST by seekthetruth (My 2012 Dream Ticket: Jim DeMint / Allen West (Sarah as Press Sec! :))
[ Post Reply | Private Reply | To 9 | View Replies]

To: Recovering_Democrat

Not all, we need to keep a few around as pets.


66 posted on 01/07/2011 1:41:26 PM PST by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
[ Post Reply | Private Reply | To 21 | View Replies]

To: RobinMasters

GREAT GRAPHIC! via Rep Paul Ryan

Explains the CBO h.c.Scoring Fraud http://fb.me/P9Qmw85A

Could a tech savy Freeper Post?

NEEDs to Be on BILLBOARDs!


67 posted on 01/07/2011 1:45:58 PM PST by VRWCTexan (Those who forget history, are doomed to repeat it !)
[ Post Reply | Private Reply | To 1 | View Replies]

To: onyx; maggief; STARWISE; Liz

Wonder how BO’s Flying Monkeys will spin this one!


68 posted on 01/07/2011 1:46:23 PM PST by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: stockpirate

http://www.therightscoop.com/glenn-beck-happy-days-are-here-again


69 posted on 01/07/2011 1:52:00 PM PST by GraceG
[ Post Reply | Private Reply | To 2 | View Replies]

To: hoosiermama

NO WAY TO SPIN IT - JUST TO LIE!


70 posted on 01/07/2011 1:53:48 PM PST by onyx (PLEASE SUPPORT FREE REPUBLIC BY DONATING NOW!)
[ Post Reply | Private Reply | To 68 | View Replies]

To: RobinMasters

What the hey!? Yesterday, repealing Obamacare was going to cost money. Anybody know what they’re talking about?


71 posted on 01/07/2011 1:59:54 PM PST by popdonnelly (Democrats = authoritarian socialists)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RobinMasters

there ya go, perhaps this will lead to a congressional investigation to find out if we’ve been lied to by the likes of Pelosi, Reid and the muslim in the WH?


72 posted on 01/07/2011 2:04:00 PM PST by ducttape45
[ Post Reply | Private Reply | To 1 | View Replies]

To: RobinMasters
Additional Information on CBO’s Preliminary Analysis of H.R. 2

We have been asked to provide the revenue and direct spending components of that total. Extrapolating the estimated budgetary effects of the original health care legislation and accounting for the effects of subsequent legislation, CBO anticipates that enacting H.R. 2 would probably yield, for the 2012-2021 period, a reduction in revenues in the neighborhood of $770 billion and a reduction in outlays in the vicinity of $540 billion, plus or minus the effects of forthcoming technical and economic changes to CBO’s and JCT’s projections.
73 posted on 01/07/2011 2:13:03 PM PST by Brown Deer (Pray for Obama. Psalm 109:8)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TXConservative25
That’s funny, we’ve supported lower taxes for the past 30 years.

Actually, the vast majority of people support having their taxes lowered (democrats and republicans), but having other people's taxes increased to pay for bigger government. ;)
74 posted on 01/07/2011 2:15:25 PM PST by adorno
[ Post Reply | Private Reply | To 11 | View Replies]

To: RobinMasters

CBO Logic,,

“Honey, this dress was on sale!! LOOK how much money i saved us!”


75 posted on 01/07/2011 2:16:33 PM PST by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Glenn
I keep hearing Republicans reciting that "repeal and replace" line. That's bothersome.

Yes it is. I want NO replacement.

Total eradication is required for health 'reform' and that would just be a beginning.

76 posted on 01/07/2011 2:16:33 PM PST by DBeers (†)
[ Post Reply | Private Reply | To 61 | View Replies]

To: RobinMasters

BUMP!


77 posted on 01/07/2011 2:17:17 PM PST by Constitution Day
[ Post Reply | Private Reply | To 1 | View Replies]

To: The Comedian

Whoever the pointless, feckless, faceless tools in the CBO are, they need to be introduced to long-term unemployment, pronto.

They are worse than unreliable. They are diversionary and erratically political.


Who are the CBO employees and do we ever see their faces or names? FIRE THEM AS A DEFICIT REDUCTION MEASURE.

Stand up, Boehner...at least he has ridiculed their numbers.


78 posted on 01/07/2011 2:17:42 PM PST by CincyRichieRich (Keep your head up and keep moving forward!)
[ Post Reply | Private Reply | To 35 | View Replies]

To: popdonnelly

The CBO analysts’ hands are tied. They are given a bill by a Rep or a Senator, and told to score it. That is what they must do — score that bill and only that bill. They do not have the latitude to say:

“Well, this bill would actually reduce the deficit; however, you have stripped from this bill a lot of necessary spending measures which you are planning to enact in separate bills. And if those other spending measures were included in the bill you’ve asked us to score, then the cumulative effect would be to increase the deficit.”

That’s what is meant by “garbage in, garbage out.”


79 posted on 01/07/2011 2:18:14 PM PST by kevao
[ Post Reply | Private Reply | To 71 | View Replies]

To: RobinMasters

Nobody needs to know all their CBO chicanery to understand this. CANCELLING a huge **spending** program will only SAVE money,,

Nothing else matters but that one fact.


80 posted on 01/07/2011 2:19:28 PM PST by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100 ... 141-149 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

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