Friday, January 7, 2011

Repeal Doesn’t Increase the Deficit

Heritage  "Only someone so out of touch with reality that they could claim that “deficit reduction” has been their “highest priority” while simultaneously adding more than $1 trillion a year to the debt could possibly claim that repealing Obamacare would add to the debt. But that is exactly what Pelosi wants us to believe. Also on Tuesday she claimed that repealing Obamacare would do “very serious violence to the national debt and deficit.” Nothing could be further from the truth."

OBAMACARE AND THE DEFICIT .. WHO IS RIGHT?? 

Democrats and the CBO's ObamaCare numbers  "The crucial thing to understand is that the CBO is just a calculator: It only adds and subtracts the numbers Congress gives it. For example, a bill -- to be called ObamaCare -- that has $857 billion in expenses over the first ten years; approximately $500 billion in tax increases, in addition to approximately $500 billion in Medicare cuts over the same period, will give you a savings of $143 billion. This is what the CBO tells you. However, the CBO will not be there to make sure that the planned Medicare cuts indeed take place or that the tax increases will be enacted."

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