Several months ago, CBO updated some of its findings, averring that the law’s price tag over its first true decade was more than $2 trillion, and concluding that the law has slowed economic growth, impeded hiring, and will drastically reduce the US workforce. – Guy Benson, Townhall.com
It’s obvious to me that Obamacare is as bad as most of us thought, and possibly even worse. The passage of this monstrosity is what happens when bloated egos get in the way of common sense.
Obama, Reid, Pelosi and their Dem puppets were told over and over again by Republicans what this law would do to our country. They would not listen. Obama has changed the law numerous times, without Constitutional authority, I might add, trying to force it to work. Reid will look us straight in the eye through the TV lens, and lie without blinking an eye. Pelosi, just keeps on making her dingbat comments. Some of the Dems, who voted for this monstrosity? They have stretched their puppet strings as far as possible–without breaking them–to distance themselves from Obamacare.
But, we are stuck with it. And it’s going to hurt, folks. It’s going to hurt in our pockets, our medical care, and our very lives. Make no mistake about it.
Here is an excerpt from Mr. Benson’s article:
We’ve been buried in the Bergdahl story all week, but this nugget is worth coming up for air to cover. By way of background, on the eve of Democrats’ party-line Obamacare vote in 2010, they used a cynically manufactured Congressional Budget Office (CBO) “score” to provide jittery members a fig leaf with which to justify an ‘aye’ tally. The report they hailed purported to show that Obamacare would cost less than a trillion dollars and that it would help reduce deficits. Republicans argued that it was preposterous to suggest that the creation of a brand new, massive entitlement program could possibly save the government money, but triumphant Democrats waved around the CBO document as the gospel truth.
Several months ago, CBO updated some of its findings, averring that the law’s price tag over its first true decade was more than $2 trillion, and concluding that the law has slowed economic growth, impeded hiring, and will drastically reduce the US workforce. The Left spun like crazy and gnashed their teeth, but the analysis was there in black and white, and this time it actually matched most Americans’ intuitions about the law. How will Obamacare impact America’s fiscal health moving forward? CBO has quietly announced that they no longer have confidence that they can answer that question with a reasonable degree of accuracy, so they’re essentially giving up on the task.
This is a neat trick, isn’t it? Step one: Use a carefully-gamed CBO score to help pass your giant law over the will of the public. Step two: Issue so many on-the-fly changes, revisions and waivers to the resulting monstrosity that the CBO throws in the towel on trying to track the real data, thus undercutting a key nonpartisan group’s efforts to evaluate the veracity of your previous claims. Quite the scheme. Meanwhile, Dan told you yesterday about the Associated Press scoop that roughly one-fourth of Obamacare exchange “enrollees” are facing discrepancies that could force them to pay more, or result in dropped coverage.
The Hill’swrite-up notes that, “the inconsistencies point to the possibility that many enrollees obtained coverage or subsidies without being eligible.” It also looks as though nearly half of the affected cases pertain to immigration and citizenship status.
There’s much more to the article and I encourage you to check it out at http://townhall.com/tipsheet/guybenson/2014/06/05/cbo-by-the-way-we-can-no-longer-score-obamacares-fiscal-impact-n1847785?utm_source=thdailypm&utm_medium=email&utm_campaign=nl_pm
Also, find more information at http://www.rollcall.com/news/-233551-1.html?zkPrintable=true