I'll take the Government Accountability Office over your website any day of the week. Please tell me, in what universe, does excess spending lower the deficit?you'll have the added cost of Obamacare, which will be closer to $4 trillion over 10 years than the original projection of $900 billion over 10 years. FALSE.......
your facts are all lies....
Cost of ObamaCare: Obama Care Cost
What Does ObamaCare Cost?
What is the cost of ObamaCare? ObamaCare, Obama's new health care law, has a massive impact on health care costs. ObamaCare's cost is estimated at up to net cost of $1.1 trillion dollars over the next 10 years. Although Obamacare's net costs are in the trillions, the law actually reduces the growth in health care spending by tens of billions each year, reduces health care costs for many Americans, helps to insure tens of millions and is estimated to result in an overall net decrease of the deficit.
Obamacare is projected to cut the national deficit by over $200 billion during it's first 10 years and over $1 trillion over the next two decades. This helps offset the up-front cost of ObamaCare. Please be aware the cost estimates are changed on a regular basis and are often quoted as being between $1 and $2.6 trillion. Our cost estimate is taken directly from the front page of the official CBO report on ObamaCare's costs. ObamaCare is paid for through collected taxes, penalties, spending cuts and reformations to the health care industry.
take a peek here;
"Obamacare will increase the long-term federal deficit by $6.2 trillion, according to a Government Accountability Office (GAO) report released today.
The GAO report is essentially the first attempt to isolate and calculate Obamacare’s impact on the deficit beyond the traditional ten-year budget window. GAO ran two simulations “based on broad sets of assumptions about health care spending and other components of federal spending and revenue” over a 75-year period. First, a baseline-extended simulation, which “illustrates the long-term outlook assuming federal laws (applicable at the time the simulation was run) remain unchanged,” and second, an alternative simulation, which “illustrates the long-term fiscal outlook assuming historical trends and policy preferences continue.”
The baseline scenario is far more optimistic, largely because it does not take into account the concerns — expressed by the Congressional Budget Office (CBO), the Centers for Medicare & Medicaid Services (CMS) Trustees, and Medicare’s chief actuary — about “whether certain cost-containment mechanisms included in PPACA can be sustained over the long term.”
However, the GAO report concluded that even under these “more optimistic assumptions,” Obamacare’s cost-control provisions “were not sufficient to prevent an unsustainable increase in debt held by the public.”
The alternative scenario, which incorporates the more realistic “alternative projections” suggested by CBO, the CMS trustees, and the chief Medicare actuary, is even more dire. Under this scenario, the “primary deficit” increases by 0.7 percent of GDP over the 75-year period. The GAO does not put a dollar value on that figure, but Senate Budget Committee staff has calculated, and GAO has confirmed, that it would amount to a $6.2 trillion increase in the federal deficit. "
Sorry Bobby, Math wins and you lose...actually, we all lose.