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The non-partisan U.S. Congressional Budget Office said on Tuesday that the Supreme Court ruling that upheld President Barack Obama's healthcare law could save the government some $84 billion over 11 years.
The CBO also said that repealing Obama's healthcare law would increase the deficit over the next decade by $109 billion.
The healthcare reform law aimed to extend medical coverage to more than 30 million uninsured Americans
But only about 3 million of those people will obtain coverage through one of the new insurance exchanges to be set up by 2014 under the law, CBO said, with another 3 million simply becoming uninsured.
THAT WOULD BE 3 MILLION THAT GOT DUMPED BY REPUBLICANS!
The non-partisan U.S. Congressional Budget Office said on Tuesday that the Supreme Court ruling that upheld President Barack Obama's healthcare law could save the government some $84 billion over 11 years.
The CBO also said that repealing Obama's healthcare law would increase the deficit over the next decade by $109 billion.
The healthcare reform law aimed to extend medical coverage to more than 30 million uninsured Americans
But only about 3 million of those people will obtain coverage through one of the new insurance exchanges to be set up by 2014 under the law, CBO said, with another 3 million simply becoming uninsured.
THAT WOULD BE 3 MILLION THAT GOT DUMPED BY REPUBLICANS!
So, you mean the great plan will NOT cover everyone? I thought that was the whole point?
And, what a few billion when the whole thing is gonna cost 1.6 trillion?
BTW, BS numbers into the CBO means BS numbers coming out....just like this would never go above 900 billion to begin with, right....
OP: Learn the mantra: We only believe the CBO reports when they back a Republican agenda. Just go back to all the previous threads and read. I'm afraid you probably won't get much love here.
The non-partisan U.S. Congressional Budget Office said on Tuesday that the Supreme Court ruling that upheld President Barack Obama's healthcare law could save the government some $84 billion over 11 years.
The CBO also said that repealing Obama's healthcare law would increase the deficit over the next decade by $109 billion.
The healthcare reform law aimed to extend medical coverage to more than 30 million uninsured Americans
But only about 3 million of those people will obtain coverage through one of the new insurance exchanges to be set up by 2014 under the law, CBO said, with another 3 million simply becoming uninsured.
THAT WOULD BE 3 MILLION THAT GOT DUMPED BY REPUBLICANS!
I don't credit the CBO with that much skill, to accurately project the medical costs for over 300 million people over the next eleven years.
Besides, the CBO uses static predictions and assumes everything will go exactly according to the way the Obama admin says it will.
OP: Learn the mantra: We only believe the CBO reports when they back a Republican agenda. Just go back to all the previous threads and read. I'm afraid you probably won't get much love here.
I signed on here 3 yrs before you. I now my way around and i ain't skeered of no stinkin republicans.
The non-partisan U.S. Congressional Budget Office said on Tuesday that the Supreme Court ruling that upheld President Barack Obama's healthcare law could save the government some $84 billion over 11 years.
The CBO also said that repealing Obama's healthcare law would increase the deficit over the next decade by $109 billion.
The healthcare reform law aimed to extend medical coverage to more than 30 million uninsured Americans
But only about 3 million of those people will obtain coverage through one of the new insurance exchanges to be set up by 2014 under the law, CBO said, with another 3 million simply becoming uninsured.
THAT WOULD BE 3 MILLION THAT GOT DUMPED BY REPUBLICANS!
Wait a sec! When the Repubs in the House voted and passed repeal ACA bills, what was it 33 of them, shouldn't they have to have had accompanying "pay fors"?
Well that's very propagandist like of you. The CBO report said it would cost you less than previously thought because States have the option not to be forced onto the Medicaid part of ACA.
The cost is still well over $1 trillion for the program.
So you fail for three reasons.
If Obama had had his was ACA would have cost you the $84 billion more that was cited.
Overall the program still cost well over $1 trillion.
You still don't have the money to pay for your current welfare programs.
Quote:
On June 28, 2012, the Supreme Court issued a decision that essentially made the expansion of the Medicaid program under the Affordable Care Act (ACA) a state option. CBO and the staff of the Joint Committee on Taxation (JCT) have updated their estimates of the budgetary effects of the health insurance coverage provisions of the ACA to take into account the Supreme Court decision.
CBO and JCT now estimate that the insurance coverage provisions of the ACA will have a net cost of $1,168 billion over the 2012–2022 period—compared with $1,252 billion projected in March 2012 for that 11-year period—for a net reduction of $84 billion.
You're cheering now for covering less people than you previously thought. I'll save the comments about throwing people out into the street and killing little children and mothers.
I'm not sure why this is so hard to understand.
They're still counting on rosy assumptions for what ACA will achieve and they're also counting, because they can only go by what they're given, on $500 billion being pulled from Medicare.
CBO also put out another report last week.
And what is .0125% of GDP in 2083 based on their rosy assumptions? $16 trillion a year more.
And what is .0125% of GDP in 2083 based on their rosy assumptions? $16 trillion a year more.
Yeah, only $16 TRILLION -- that's the good news. That's hysterical, isn't it?
This whole thing is a freaking Greek Tragedy.
Right there with you....
Mircea
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