Friday, January 7, 2011

Obamacare Increases the Deficit

Ezra Klein, a writer for the Washington Post, made a headline when he said this contradictory statement, "Republicans are already having to break their rules to pursue the repeal of health-care reform without paying for it -- a procedural offense in favor of a symbolic vote that, in addition to increasing the deficit, won't exactly usher in a new era of respect and esteem between the two parties."

It seems to me that the esteemed Mr. Klein at the Washington Post has been given misinformation about the effect of Obamacare on Federal spending. "But wait," you say, "The CBO just came out with a report showing that repealing Obamacare will cost a hundred billion dollars!" True, they did come out with that report. Problem is, that report is based on the flawed assumptions given to them by then-Speaker Pelosi, and double counts a huge amount of "savings." Cuts to Medicare, for example, are counted twice. (read more...)
Posted by Matt Maddox 3 comments
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