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Thread: Obamacare adds $17 trillion in unfunded liabilities

  1. #21
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    mike2810's Avatar
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    Re: Obamacare adds $17 trillion in unfunded liabilities

    AdamT:
    Care to explain this one:
    "The Congressional Budget Office has extended its cost estimates for President Obama's health care law out to 2022, taking in more years of full implementation, and showing that the bill is substantially more expensive -- twice as much as the original $900 billion price tag.

    Read more: New CBO Health Law Estimate Shows Much Higher Spending Past First 10 Years | Fox News

    Over the 10-year period from 2012 through 2021, enactment of the coverage provisions of the ACA was projected last March to increase federal deficits by $1,131 billion, whereas the March 2012 estimate indicates that those provisions will increase deficits by $1,083 billion,"

    Read more: New CBO Health Law Estimate Shows Much Higher Spending Past First 10 Years | Fox News

    If it quacks like a duck and walks like a duck, its a duck... this law needs to be redone.
    Last edited by mike2810; 04-05-12 at 10:05 PM.
    "I can explain it to you but, I can't understand it for you"

  2. #22
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    Re: Obamacare adds $17 trillion in unfunded liabilities

    Quote Originally Posted by Redress View Post
    But it is not misleading to say that the cost of the program from now until 10 years is X.
    interesting. would you say it is not misleading to wave a 10-year score of the Ryan Budget, and say that it does not cut a single dime from Medicare?

  3. #23
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    Re: Obamacare adds $17 trillion in unfunded liabilities

    Quote Originally Posted by cpwill View Post
    interesting. would you say it is not misleading to wave a 10-year score of the Ryan Budget, and say that it does not cut a single dime from Medicare?
    yes, please, if only the democrats could be consistent enough to apply the same standards to republican bills...

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