rushmc 23 #1 February 26, 2013 By Andrew Stiles QuoteObamacare will increase the long-term federal deficit by $6.2 trillion, according to a Government Accountability Office (GAO) report released today. Senator Jeff Sessions (R., Ala.), who requested the report, revealed the findings this morning at a Senate Budget Committee hearing. The report, he said, “confirms everything critics and Republicans were saying about the faults of this bill,” and “dramatically proves that the promises made assuring the nation that the largest new entitlement program in history would not add one dime to the deficit were false.” I guess he was right http://www.nationalreview.com/corner/341589/gao-report-obamacare-adds-62-trillion-long-term-deficit-andrew-stiles"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
Anvilbrother 0 #2 February 26, 2013 Exactly. Now lets see how kallend and the like will try to twist this. Postes r made from an iPad or iPhone. Spelling and gramhair mistakes guaranteed move along, Quote Share this post Link to post Share on other sites
kallend 2,148 #3 February 27, 2013 Quote Exactly. Now lets see how kallend and the like will try to twist this. "“based on broad sets of assumptions about health care spending and other components of federal spending and revenue” over a 75-year period." ... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Anvilbrother 0 #4 February 27, 2013 Its all based off off projections and ASSumptions. here is the March 15 2012 cost ASSumption from the CBO. QuoteTo figure out the cost of health care reform, CBO looks at each of the law’s component parts and, for accounting purposes, groups them into different categories. It calls one category “gross cost of coverage expansions”—that’s the amount of money the federal government will spend to help people get insurance, mostly by offering Medicaid to more people or giving people subsidies they can use to help offset the cost of private insurance. Last year, CBO estimated that the gross cost of coverage expansion from 2012 through 2021 would be $1.445 trillion. Now CBO thinks the gross cost will be $1.496 trillion. The number shifted, in part, because the CBO has changed its projections for economic growth. They initially said 1.45 for TEN years, so tell me how that 75 year projection is soooooo laughable to you? Postes r made from an iPad or iPhone. Spelling and gramhair mistakes guaranteed move along, Quote Share this post Link to post Share on other sites
rushmc 23 #5 February 27, 2013 QuoteIts all based off off projections and ASSumptions. here is the March 15 2012 cost ASSumption from the CBO. QuoteTo figure out the cost of health care reform, CBO looks at each of the law’s component parts and, for accounting purposes, groups them into different categories. It calls one category “gross cost of coverage expansions”—that’s the amount of money the federal government will spend to help people get insurance, mostly by offering Medicaid to more people or giving people subsidies they can use to help offset the cost of private insurance. Last year, CBO estimated that the gross cost of coverage expansion from 2012 through 2021 would be $1.445 trillion. Now CBO thinks the gross cost will be $1.496 trillion. The number shifted, in part, because the CBO has changed its projections for economic growth. They initially said 1.45 for TEN years, so tell me how that 75 year projection is soooooo laughable to you? Were you replying to me?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
Anvilbrother 0 #6 February 27, 2013 No kallend, not sure how it replied to you. I agree with your side of the argument. Postes r made from an iPad or iPhone. Spelling and gramhair mistakes guaranteed move along, Quote Share this post Link to post Share on other sites