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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (100144)2/19/2011 9:42:27 AM
From: locogringo1 Recommendation   of 224748
 
CBO: Repealing ObamaCare to Reduce Gross Spending By $1.4 Trillion Over Next Decade

Repealing the new national health care law would result in gross savings of $1.4 trillion, a new report by the Congressional Budget Office finds. During the health care debate, Democrats were hard pressed to keep up with President Obama's promise that the legislation would cost "around $900 billion." So they employed the gimmick of delaying the major spending provisions until 2014 to make the legislation appear cheaper within the CBO's ten-year budget window, then 2010 through 2019. At the time, I calculated that this tactic deferred 98 percent of the spending to the last six years of that period.

spectator.org
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