Which Chart Best Exposes Obamacare’s True Impact on the Deficit?
Conn Carroll /
From the beginning, President Barack Obama promised the American people his health plan would not add to our federal deficit in the long term. Just this past Saturday he again promised the country: “I will not sign on to any health plan that adds to our deficits over the next decade. And by helping improve quality and efficiency, the reforms we make will help bring our deficits under control in the long term.” Problem is the official, independent, nonpartisan scorekeepers for Congressional spending and revenue, the Congressional Budget Office (CBO) and Joint Committee on Taxation, keep releasing estimates showing that reality just does not match Obama’s rhetoric.
When the CBO first released their scoring of the House bill, we produced this chart explaining: “by waiting till year 4 of a 10 year forecast, the Democrats are gaming the Congressional Budget Office’s scoring system to hide the true cost of their bill from the American people.” (more…)