do I really have to say it???
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 ...
this is the same CBO that said PASSING it would SAVE us money?!?!!?
lol
no credibility.
His first estimate was based on the information democrats feed him, now he has better information.
I've always said that Democrats were learning disabled.
I berlieve Paul Ryan came up with $700B+ but at least the scammers of the CBO are getting closer to the truth.
Totally agreed. Democrats must have failed calculus if they do not understand the Laffer curve.
By the clever use of words Desm can say the CBO repoted repealing 0dumbocare would cost te Government money( Not us, but the gov’t)
so CBO says repleaing 0dumbocare will eliminat 540 illion is spending but also eliminiate 770 billion in revenue.
REVENUE my butt. it is taxes from us.
So if we repeal 0dumbo care w save 540 Billion in spending and let us taxpayers keep 770 billion o our OWN money.
Remember Dems think of it as the gov’t money which is why they can call it revenue
do I really have to say it???
No they won’t report this. They will continue calling Boehner sun tan man and mocking because they read the Constitution.
The public knows Obama is known to cook the books and lie about numbers-unemployment- so they knew Anthony Weiner and Obama progressive commiecrats were lying.
The very small percentage that is the minority that is progressive will continue their lies. Including the progressive commiecrats that have infiltrated MSMedia .
By the time Daley gets there to try to save the sinking Obama boat, it will be too late. Obama could go far center right,right now-no one would believe him. On his upteenth vacation they said Obama read a book about Reagan and traitors; which book do you really think he read?
I agree. I will do my best here in Florida to get rid of the fox in the hen house, Bill Nelson.
Here is the official CBO document
http://cboblog.cbo.gov/?p=1759
Official Speaker article
http://speaker.gov/Blog/?postid=219313
Neener Neener. THWAP!
PING
$540 billion is a large understatement of the cost of the program. The program does not reach full implementation until at least 2014. In addition, a large part of the costs will be hidden through increased insurance rates. A conservative institute estimated the cost of Obamacare as $2 to $6 trillion per 10 years at steady state.
That damned prescription drug program cost me over $200.00 per year in insurance premiums which I am more or less forced to pay and the deductible is so high that I don't think it has ever paid for a prescription drug for me. Obama care only "helps" folks in the doughnut hole. You don't talk to many old folks, do you?
Bookmark
A huge AMEN to that, Recovering_Democrat!
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.