Posted on 07/12/2013 5:09:39 AM PDT by IBD editorial writer
In September 2009, President Obama promised the country that "I will not sign a plan that adds one dime to our deficits — either now or in the future."
But it turns out Obama did sign such a plan — in fact, ObamaCare could add upwards of 180 billion dimes to the deficit in its first 10 years, an IBD analysis of various official budget reports found.
According to the Congressional Budget Office's initial forecast made in March 2010, ObamaCare was supposed to cut the deficit a total of $124 billion in its first decade.
Democrats seized on this to show Obama had lived up to his promise.
Almost as soon as Obama signed the law, however, his administration started making changes that added costs and cut revenues.
(Excerpt) Read more at news.investors.com ...
"ObamaCare Will Add To Deficits In First 10 Years"
After ten years there are no more deficits because there is no more USA.
Democrats can hang a "MISSION ACCOMPLISHED" sign on the door as they turn what's left over to the foreign hordes occupying the country.
No, Really?
And after that, we’ll no longer compute deficits.
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