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 ...
Hooooooooooooooooooooooowl!!!
Tough to see a downside here. Let’s hope they get it done.
Of course we’ll see this news on ABC, CBS, NBC and CNN in about.........?
Hello?
What's there to even think about?
And even that is a huge lie. Just take a look at Romneycare in Massachusetts. It’s driving the state bankrupt.
The true cost of Obamacare is probably about half a trillion a year, and rising.
LOL! Nancy? Harry? 0? America demands your response.
It will be fun to hear all the Socialists who insisted the CBO was non partisan to now say the CBO is partisan.
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
Oh this is going to be good..
Here’s the problem: In a very childish way, the Democrat party has now justified tax hikes under the auspices of “deficit reduction”. I have seen several articles on the Bloomberg calling Republicans hypocrites for supporting tax cuts. That’s funny, we’ve supported lower taxes for the past 30 years.
Here’s the problem: In a very childish way, the Democrat party has now justified tax hikes under the auspices of “deficit reduction”. I have seen several articles on the Bloomberg calling Republicans hypocrites for supporting tax cuts. That’s funny, we’ve supported lower taxes for the past 30 years.
The CBO is an unreliable arm of the right wing.
~Obama, Biden, Gibbs, Pelosi, Reid....every Liberal!
Forget it... the goodies are already coming in for some people. Too many old folks will see a reduction in their payment for prescription drugs.... for now. Once you get people hooked on socialist fixes, it will be a hard time prying them off...
sounds like a start
Politicians, all!!! Kill “Obamacare” now and impeach “traitor” POTUS Barack Hussein Obama!!! Democrats, you better wise up and broom your loser POTUS right now!!!
This one deserves the Hah Hah graphic.
Okay, Pubbies, here’s your chance. You’ve caught the Dems peddling a blatant lie, make the most of it. Use the opportunity to point out to the public the lack of credibility these people have, and do it loudly!
this is, of course, what democrats like Representative Anthony Wiener mean when they say repealing the bill will "add to the deficit". That's secret democrat code speak for "this will eliminate a tax increase".
The problem with THAT is that it’s the Democrats’ deficit. ALL of it. THEY own it. Never, EVER, let anyone else forget that.
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.