White House Blasts Obama-Approved Health Care Economist

Full story: ABC News 14
The White House has unleashed a torrent of criticism on a leading conservative economist - approved by President Obama in 2010 as a Republican trustee overseeing Medicare and Social Security finances - for concluding in a new study that the Affordable Care Act will add to the deficit instead of reduce it. Read more
Being Real

United States

#1 Apr 10, 2012
Well the dude is right. What is the issue with WH with people telling the truth. Obama has added over 6 trillion to the deficeit with the Obama Care beong the main culprit. Hell they just 500 billion to the IRS to track it.
GetTheBumOut

Phoenix, AZ

#2 Apr 10, 2012
Fact: Obama appointed the author of the study.
The author, Chick Blahous estimates that (Obamacare) will increase the deficit by $346 billion from 2012-2021; in the pessimistic case, he thinks it will increase the deficit by $527 billion.
Why the disparity with CBO? Because CBO allows for rigged accounting. In the case of Obamacare, money is double counted for use in Medicare and deficit reduction.
Try that tactic at home and see how long it takes before you get arrested.
How about starting with a program that reduced the COST OF CARE, like elimination of frivilous lawsuits that cost billions in inflated cost (Dems can't do that because the lawyer lobby OWS them).. Literally MILLIONS of unnecesary test are administered annualy because doctors cannot risk litigation necause the blood sucking attorneys are waiting to pounce if the doctor doesn't check for cancer when removing a hangnail.
That the idiot in chief for his wonderful program which, by the way, all of his political friends (read contributors and especially unions) are EXEMPTED from Obamacare requirements.
Elect those who will repeal the legislation before we find out (too late) what is actuially in it.
Throw the STINKING BUM OUT! Obama is nothing but a typical Chicago Democrat bad news crook.

2012 - The END of an ERROR
QUITTNER

Toronto, Canada

#3 Apr 10, 2012
2:52 pm, Tuesday, April 10, 2012:
RE: White House Blasts Obama-Approved Health Care Economist
..... The deficit is the difference between the total of what things actually cost and the insufficient total of what is being collected via taxes and other revenues. If costs cannot be reduced then the obvious thing to do is to raise tax rates, but politicians don't dare do this because the voters would then cause their unemployment after the next election. The alternative is to keep increasing the debts higher and higher. It is expensive to borrow money, especially when interest rates are high.

“your life is great”

Since: Aug 09

you poop in clean water

#4 Apr 10, 2012
The Congressional Budget Office the nonpartisan group that provides official estimates of the fiscal impact of legislation said last year that the law would reduce the federal budget deficit over the next decade while repealing it would increase deficits by $210 billion.
.
is the CBO wrong?
KeepGitmoOpen

Allentown, PA

#5 Apr 10, 2012
Being Real wrote:
Well the dude is right. What is the issue with WH with people telling the truth. Obama has added over 6 trillion to the deficeit with the Obama Care beong the main culprit. Hell they just 500 billion to the IRS to track it.
Which mean they will need to EXPAND gummit and hire more IRS workers increasing $$$ to pay salary to them.
Aggie Nostic

Denver, CO

#6 Apr 10, 2012
anneutral wrote:
The Congressional Budget Office the nonpartisan group that provides official estimates of the fiscal impact of legislation said last year that the law would reduce the federal budget deficit over the next decade while repealing it would increase deficits by $210 billion.
.
is the CBO wrong?
Yes, they are. They have revised their PROJECTIONS several times and I read them. They were based on MANY what-if's.

The cushion they had with the long-term care program that they just had to dump because even kathleen Sebelius had to admit it was never viable has been removed now. CBO projected about $100 Billion in revenues from it. Precipitously, it seems.

Too many Medicare dollars being used that already have been earmarked.

Too many exceptions to the high-end fees, you know, Obama's union buddies and corporate cronies.

Many employers could drop their coverage- there are arguments about this.

But the CBO was double-dipping all over the place from the start. And this is the tip of the iceberg- any federal savings will be at the expense of the states, even though the reform will do a lot of federal subsidizing. It won't be enough to cover the administering of the program let alone the program itself, and the burden to taxpayers individually.

It is bad legislation in every way. Too bad- there was a need and the Dems had a shot and blew it in a mind-numbing way.

“Assimilate & Speak English!”

Since: Jan 07

Lansing, IL - now: Pomp Bch FL

#7 Apr 10, 2012
Of course it will increase the deficit. And, if it's such a great program, why is Obama and Congress exempt from it? All or none -- they can't have it both ways.

“i hope we can change this!”

Since: Aug 08

usa

#8 Apr 10, 2012
anneutral wrote:
The Congressional Budget Office the nonpartisan group that provides official estimates of the fiscal impact of legislation said last year that the law would reduce the federal budget deficit over the next decade while repealing it would increase deficits by $210 billion.
.
is the CBO wrong?
the cbo can only use the numbers given to them by the obama administration...

obama left out the $250,000,000,000 "doctor fix", and the $500,000,000 taken from medicare, AND counted every person in the country paying in for 10 years instead of the actual 7 years...
makes a difference.

long story shor, joe wilson was absolutely correct...obama lies.

“your life is great”

Since: Aug 09

you poop in clean water

#9 Apr 10, 2012
if the CBO bases it's numbers on those given to them, then that would mean that the Ryan plan is BS too.
.
have they done a report based on their own numbers?
Far Away

Anchorage, AK

#10 Apr 10, 2012
anneutral wrote:
The Congressional Budget Office the nonpartisan group that provides official estimates of the fiscal impact of legislation said last year that the law would reduce the federal budget deficit over the next decade while repealing it would increase deficits by $210 billion.
.
is the CBO wrong?
Garbage in... garbage out.
Gary

Bellingham, WA

#11 Apr 11, 2012
Add that $340 billion to the $4 trillion
that the Ryan economic plan would add to the deficit and we're talkin' big money.
But hey, according to Cheney, Reagan proved that deficits don't matter.
So, why all the fuss?

“your life is great”

Since: Aug 09

you poop in clean water

#12 Apr 11, 2012
Far Away wrote:
<quoted text>
Garbage in... garbage out.
so then the "garbage" that Ryan gave them for his plan, means those results are garbage too then right?
Far Away

Anchorage, AK

#13 Apr 11, 2012
anneutral wrote:
<quoted text>
so then the "garbage" that Ryan gave them for his plan, means those results are garbage too then right?
Ryan's budget hasn't been scored. Try to keep up.

“your life is great”

Since: Aug 09

you poop in clean water

#14 Apr 11, 2012
Far Away wrote:
<quoted text>
Ryan's budget hasn't been scored. Try to keep up.
his specifics for the CBO were just as unrealistic as Obama's.

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