Obama Lies: Former CBO Head Says Deficits to Rise by $562 Billion as Obamacare Not Deficit Neutral
Published March 21, 2010 by:
Marc Schenker
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Barack Obama has been called out on his lie that his Obamacare proposal would be so-called "deficit neutral" by a source of extreme credibility. According to the former director of the Congressional Budget Office—which, according to the Democrats is the "gold standard" of scoring and estimating—not only will Obamacare be anything other than "deficit neutral," but it will also raise the US deficit by a mind-obliterating $562 billion. This is of course in devastating contrast to the relentless lying by Obama and his team (read: underlings) of propagandists such as Peter Orzag, both of whom have been on the record as calling Obamacare "deficit neutral." Uh-huh...so if that's the case, then why does Douglas Holtz-Eakin, who ran the CBO from 03 to 05, calculate a rise of $562 billion in deficits all thanks to Obamacare? Probably because Obama was, you know, lying...again.
According to Holtz-Eakin, the way one arrives at the one, true calculation of whether Obamacare is deficit neutral (it isn't) is by stripping out "all the gimmicks and budgetary games," which the Democrats' unconstitutional and unpopular legislation is filled to the brim with. In addition, at times, the way the Democrats have deceptively written the BS-bill is to simply exclude—that's right, as in "leave out like it's not there, even though it very well is"—costs! Luckily for us, in his op-ed, Holtz-Eakin walks us through each budgetary gimmick so we can truly see that Obamacare will conclusively raise deficits and by a lot.
Before, however, take a quick walk down memory lane by watching Obama stooge Peter Orzag pretending he wants to have a deficit "neutral" health plan. It would be funny if it wasn't so brutally tragic.
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