| Author |
Topic:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T [Locked] |
Z-Elder  Posts: 671
Registered: 2002-3-15 13:58:39
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Date Posted:
1/1/00 12:00am
Subject:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T |
Not even close to the Republican war costs and it is being spent at home!!  
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reesescups  Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
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Date Posted:
1/1/00 12:00am
Subject:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T |
Sansfear posted:
Yukishiro1 posted:
Article Rakhir Obviously Didn't Read posted:
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.
Today, the CBO released new projections from 2013 extending through 2022, and the results are as critics expected: the ten-year cost of the law's core provisions to expand health insurance coverage has now ballooned to $1.76 trillion. That's because we now have estimates for Obamacare's first nine years of full implementation, rather than the mere six when it was signed into law.
Thanks for proving my point. We knew up front that they were lying with their estimates, and now we've been proven correct. We just didn't know how badly we'd been lied to until now (actually, we still don't, since next year's estimate will be even higher).
If Obamacare had been estimated to cost $1.76T when it was being debated it never would have passed.
It's almost as if Rakhir doesn't know how to read...
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theredkay1 Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:00am
Subject:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T |
Sansfear posted:
Cost estimates for 2009-2019 are not the same as cost estimates for 2012-2022. If we had known this at the time it never would have passed! 
CBO posted:
CBO and JCT have previously estimated that the ACA will, on net, reduce budget deficits over the 2012–2021 period that estimate of the overall budgetary impact of the ACA has not been updated.
Last year the CBO estimated the overall budget impact for 10 years. With this release they just estimated the budget impact of the insurance changes for 10 years.
Last year they estimated 2012-2021 insurance changes would be $1.124 Trillion, with 2021 running at $174B. This year they estimated 2012-2021 will be $1.083T, with 2021 $161B and 2022 $169B.
For those of you that can do basic math, you will notice this plan just got more budget friendly. I wouldnt have expected the OP to bring this to our attention.
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Blue_arrow  Posts: 468
Registered: 2008-7-2 02:02:19
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Date Posted:
1/1/00 12:00am
Subject:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T |
Obamacare Will Supply 400,000 Jobs Almost Immediately!
http://www.youtube.com/watch?v=QJKGWEkkE7E
know any one getting free Obamacare !!!
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paulg_68 Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T |
Obama lies in a lot of different ways.
This was one of them.
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"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1 |
Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T |
Obama said the cost from 2009-2019 would be X amount. Now the CBO says the cost from 2012-2022 would be X+Y amount.
Only in a very strange world does that mean Obama lied about the cost for 2009-2019.  |
paulg_68 Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T |
He lied by implying something he knew was untrue. People did the mental math and determined Obamacare would cost less than $100b per year. Obama knew the overwhelming majority of people wouldn't understand the details and he depended on that misunderstanding.
There are many kinds of lies. This was one of them.
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If you wish to make an apple pie from scratch...
http://www.youtube.com/watch?v=zSgiXGELjbc
"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1 |
reesescups Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
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Date Posted:
1/1/00 12:00am
Subject:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T |
Yukishiro1 posted:
Only in a very strange world does that mean Obama lied about the cost for 2009-2019.
It's that strange world where people like Santorum are considered real and legitimate candidates...
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"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
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Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T |
paulg_68 posted:
People are too stupid to realize costs from 2009-2019 might not be the same as costs from 2012-2022 therefore Obama lied when he said what the costs from 2009-2019 were!11
If you say so, chief.
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paulg_68 Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T |
Libtards posted:
It's okay if you deceive people so long as you are technically telling the truth when you do so.
Charlatans and con men everywhere appreciate your support.
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If you wish to make an apple pie from scratch...
http://www.youtube.com/watch?v=zSgiXGELjbc
"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
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