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Cbo Nearly Doubles Obamacare Estimate...


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Guest Deisel

This joke of legislation is GOING DOWN. The idiots who wrote it don't even know whats in it and it will not stand. This is WHY oBama is going to get defeated. He lied, he manipulated and he will stand accountable for it. Add gas and the economy faltering and it should be a landslide.

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This joke of legislation is GOING DOWN. The idiots who wrote it don't even know whats in it and it will not stand. This is WHY oBama is going to get defeated. He lied, he manipulated and he will stand accountable for it. Add gas and the economy faltering and it should be a landslide.

What are you going to do if Obama wins reelection?

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Guest Deisel

What are you going to do if Obama wins reelection?

I will look at my fellow citizen and wonder, Is this an idiot that allowed this to happen.

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This dumb **** uses the economy failing as a reason for Obama not getting re-elected on the same day it was reported that hiring is up and so is consumer confidence. The Dow is also at its highest point in the last four years. And he wonders why people mock his little ***.

Snake, please focus more on keeping your daughter off the pole.

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This joke of legislation is GOING DOWN. The idiots who wrote it don't even know whats in it and it will not stand. This is WHY oBama is going to get defeated. He lied, he manipulated and he will stand accountable for it. Add gas and the economy faltering and it should be a landslide.

WTH are you talking about Snake? Can you post the article from which you are getting this info or could you at least include a link?

The CBO LOWERED their estimates of the eventual cost of the healthcare program; they did not raise the estimate.

http://www.baltimore...0,2116677.story

Quote from the article below

"The estimated net costs of expanding healthcare coverage under President Barack Obama's landmark restructuring have been reduced by $48 billion through 2021..."

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He lied, he manipulated and he will stand accountable for it. Add gas and the economy faltering and it should be a landslide.

Dude, you just described everyone in Washington and no one has held them accountable for it. All the voters do is listen to the talking points they are fed and go through life like zombies fighting against 1 side or the other....

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Oh, please dear God above... Let the president be re-elected for this, if no other reasons. Amen!

Yeah hopefully there is no wifi or cell coverage. Anything to get the doosh bag off these boards.

It was such a better place the 2 years he was gone.

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Guest Deisel

WTH are you talking about Snake? Can you post the article from which you are getting this info or could you at least include a link?

The CBO LOWERED their estimates of the eventual cost of the healthcare program; they did not raise the estimate.

http://www.baltimore...0,2116677.story

Quote from the article below

"The estimated net costs of expanding healthcare coverage under President Barack Obama's landmark restructuring have been reduced by $48 billion through 2021..."

http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/cbo-obamacare-cost-176-trillion-over-10-yrs/425831

CBO: Obamacare to cost $1.76 trillion over 10 yrs

ObamaAP_4.jpg

President Obama's national health care law will cost $1.76 trillion over a decade, according to a new projection released today by the Congressional Budget Office, rather than the $940 billion forecast when it was signed into law.

Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of which was to delay full implementation of the law until 2014, so it would appear cheaper under the CBO's standard ten-year budget window and, at least on paper, meet Obama's pledge that the legislation would cost "around $900 billion over 10 years." When the final CBO score came out before passage, critics noted that the true 10 year cost would be far higher than advertised once projections accounted for full implementation......

You lose.

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Guest Deisel

FLASHBACK: Obama pledges legislation will cost 'around $900 billion over 10 years'...

So, let me get this straight. His PLEDGE was half of what its costing. He also PLEDGED to reduce the deficit. Its Doubled, like the 1st pledge. He PLEDGED to reduce unemployment down to 7% or he would not rerun. He's rerunning and unemployment is around 9% and people are just plain giving up. He pledged to Close GITMO- Its still open, but he has added another soccer, entertainment field for $700k. He pledged to reign in lobbyist - His admin is stock full of them. He PLEDGED to be transparent - He's anything But. He PLEDGED to cut earmarks - HA, ha ha, he's never seen an earmark he couldn't like. He PLEDGED to end the war in Afghanistan - Nope - he's bowed and apologized to every Muslim Brotherhood sect in the region. He Pledged to end corporate welfare - Its skyrocketing during his term. He pledged to be a president for all the people - His beer summitt showed us he cares only for select groups. He pledges alot of things and I cannot find many that he's kept his promise on ACCEPT the 1 biggy...... Wait for it....................................CHANGE and hope. Yep. We got alot of change. Look at all the regulation and look at inflation and gas prices. Heck, look at the historical housing market. Look at Foodstamps. Look at Europe, the ME, all the CHANGE going on. 1 and Done.

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Guest Deisel

http://www.whitehousedossier.com/2012/03/14/million-covered-work-obamacare/

Four Million Fewer Covered at Work Under Obamacare

by Keith Koffler on March 14, 2012, 8:56 am

A new report by the nonpartisan Congressional Budget Office states that by 2016, Obamacare will result in 4 million people fewer people getting health insurance coverage from their employers.

The estimate is a vast increase from the CBO prediction just a year ago that 1 million would no longer obtain coverage from their employers. And it raises substantial questions about the veracity of one of Obama’s key pledges in selling the health care law – that everyone who wants to keep their current health insurance plan and doctor could do it.

It’s not clear how many of the 4 million would be forced out as a result of employers dropping coverage. But it can be assumed that many will indeed lose their insurance and have to seek it elsewhere, since few people would seem likely to intentionally abandon coverage provided by an employer.

And many employers have already indicated that they would rather drop coverage and incur fees from the government than continue to provide it.

According to a survey published last summer by the Towers Watson consulting firm, almost one in ten medium to large size employers said they are likely or very likely to end health benefits for their workers.........

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Ummm... He didn't create earmarks, so if business as usual, I'll give you credit that he missed on that one. However, Gitmo was opened under the previous president and its closing was fought tooth and nail politically, so it remains open regardless of its value; you should applaud it remaining open. Ginormous deficits from policies of the previous president who eliminated the budget surplus, lowered taxes, started two unfunded wars, and added an unpaid increase to Medicare entitlements. Inflation was higher under the previous president. Housing crashed under the previous president. Gas prices got higher under the previous president. Lack of regulation under the previous president precipitated a world wide economic collapse. That economic collapse gave rise to the number of food stamps being issued but the economy is returning thanks in full to the efforts of the current president because he had no cooperation from the other side. Seems to me that the president is doing a good job in spite of the previous president doing what he could to destroy America. You should be more grateful.

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Guest Deisel

Ummm... He didn't create earmarks, so if business as usual, I'll give you credit that he missed on that one. However, Gitmo was opened under the previous president and its closing was fought tooth and nail politically, so it remains open regardless of its value; you should applaud it remaining open. Ginormous deficits from policies of the previous president who eliminated the budget surplus, lowered taxes, started two unfunded wars, and added an unpaid increase to Medicare entitlements. Inflation was higher under the previous president. Housing crashed under the previous president. Gas prices got higher under the previous president. Lack of regulation under the previous president precipitated a world wide economic collapse. That economic collapse gave rise to the number of food stamps being issued but the economy is returning thanks in full to the efforts of the current president because he had no cooperation from the other side. Seems to me that the president is doing a good job in spite of the previous president doing what he could to destroy America. You should be more grateful.

Wow - all the PLEDGES Obama made have not come true, but he deserves another Term?

Ok, I'm gonna break these down for ya, cause you are somewhat led astray on a few of these.

#1. Obama pledged, I know, its HIS word, his bond, to DO AWAY with earmarks. He has not.

#2. He Pledged to close Gitmo, guaranteed it. He's the president.

#3. He has almost doubled the deficit. Thats NOT Bush's fault. The dem congress came in 06.

#4. The wars were Pledged to be stopped, and we've allowed the Middle east to ignite.

#5. Inflation is at its Highest Right now. Everything has risen in Price by a large margin.

#6. Gas was Not this high and for soo long under Bush. Thats a fact. Obama has No Plan.

#7. Lack of regulation caused the downfall? Hmm, did you see the #'s of reg's Obama vs Bush?

#8. Foodstamps are up, as Obama's economy has colapsed. Its his watch. Not anyone elses.

#9. Please explain Obama good job. We are in chaos right now.

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Wow - all the PLEDGES Obama made have not come true, but he deserves another Term?

Ok, I'm gonna break these down for ya, cause you are somewhat led astray on a few of these.

#1. Obama pledged, I know, its HIS word, his bond, to DO AWAY with earmarks. He has not.

#2. He Pledged to close Gitmo, guaranteed it. He's the president.

#3. He has almost doubled the deficit. Thats NOT Bush's fault. The dem congress came in 06.

#4. The wars were Pledged to be stopped, and we've allowed the Middle east to ignite.

#5. Inflation is at its Highest Right now. Everything has risen in Price by a large margin.

#6. Gas was Not this high and for soo long under Bush. Thats a fact. Obama has No Plan.

#7. Lack of regulation caused the downfall? Hmm, did you see the #'s of reg's Obama vs Bush?

#8. Foodstamps are up, as Obama's economy has colapsed. Its his watch. Not anyone elses.

#9. Please explain Obama good job. We are in chaos right now.

you may not like the way Obama has handled the economy, but it isn't his fault it went into the crapper. That took a concerted effort by all our politicians

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http://campaign2012....r-10-yrs/425831

CBO: Obamacare to cost $1.76 trillion over 10 yrs

ObamaAP_4.jpg

President Obama's national health care law will cost $1.76 trillion over a decade, according to a new projection released today by the Congressional Budget Office, rather than the $940 billion forecast when it was signed into law.

Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of which was to delay full implementation of the law until 2014, so it would appear cheaper under the CBO's standard ten-year budget window and, at least on paper, meet Obama's pledge that the legislation would cost "around $900 billion over 10 years." When the final CBO score came out before passage, critics noted that the true 10 year cost would be far higher than advertised once projections accounted for full implementation......

You lose.

^^^ Once AGAIN, you're wrong. You've used the Washington Examiner as a source and they appear to be very much aligned with the Tea Party folks. The quote below is from the CBO website itself.

"CBO and JCT now estimate that the insurance coverage provisions of the ACA will have a net cost of just under $1.1 trillion over the 2012–2021 period—about

$50 billion less than the agencies’ March 2011 estimate for that 10-year period"

So, the CBO's own website saysthat they are adjusting the projected costs DOWNWARD, not upward. Do you not agree that the CBO better understands what they themselves are saying than the Washington Examiner (<< Tea Party newsrag)?

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Guest Deisel

CBO-

Abstract

This Congressional Budget Office (CBO) report presents the agency's projections of federal spending and revenues over the coming decades. Under current law, an aging population and rapidly rising health care costs will sharply increase federal spending for health care programs and Social Security. If revenues remained at their historical average share of gross domestic product (GDP), such spending growth would cause federal debt to grow to unsustainable levels. If policymakers are to put the federal government on a sustainable budgetary path, they will need to increase revenues substantially as a percentage of GDP, decrease spending significantly from projected levels, or adopt some combination of those two approaches. In keeping with CBO's mandate to provide objective, impartial analysis, this report makes no recommendations.

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^^^ Once AGAIN, you're wrong. You've used the Washington Examiner as a source and they appear to be very much aligned with the Tea Party folks. The quote below is from the CBO website itself.

"CBO and JCT now estimate that the insurance coverage provisions of the ACA will have a net cost of just under $1.1 trillion over the 2012–2021 period—about

$50 billion less than the agencies’ March 2011 estimate for that 10-year period"

So, the CBO's own website saysthat they are adjusting the projected costs DOWNWARD, not upward. Do you not agree that the CBO better understands what they themselves are saying than the Washington Examiner (<< Tea Party newsrag)?

So jut t point ot Snak lied........... AGAI?

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