CBO: Health law repeal adds $230 billion to deficit

[Modbert]

CBO: Health law repeal adds $230 billion to deficit - Sarah Kliff - POLITICO.com

Republicans kicked off the first day of congressional proceedings to overturn health reform with unwelcome news: a Congressional Budget Office estimate that repeal would increase the deficit by $230 billion by 2021.

The nonpartisan CBO’s preliminary analysis of the Repealing the Job-Killing Health Care Law Act, released Thursday morning, bolstered Democrats’ claims that overturning the health law would wreak havoc on the deficit. The CBO score on the Affordable Care Act has it decreasing the deficit by $143 billion over 10 years. But that figure is disputed by Republicans.

Michael Steel, spokesman for Speaker John Boehner, brushed off the estimate as faulty accounting.

I guess the CBO is only relevant when it is agreeing with you. Like when Michael Steele said earlier last year that the CBO lied when it comes to the healthcare bill after citing it favorably eight times previously.

 

[VaYank5150]

Erci Cantor says the CBO is wrong, so it MUST be so, right?

 

[cutter]

Yeah, Right. Some fools will believe anything.

 

[WillowTree]

Bullshit. Try again.

 

[Modbert]

Bullshit. Try again.

So, why would the nonpartisan CBO lie?

 

[Liability]

Let us not forget a crucial factor: the Obamacare legislation kicks the taxes in EARLY. If the shit gets repealed, that new taxes get tossed out, too. Less so-called "revenue" for the government is likely to cause some increase in the deficit since the fuckers are counting on the receipt of those additional tax dollars.

As for how much, that's a murky figure. The idiots, led by former Speaker Pelousy, didn't quite know what was IN the legislation before they passed it. Maybe they've had a chance to -- you know -- actually READ it since it got passed, though.

 

[WillowTree]

Bullshit. Try again.

So, why would the nonpartisan CBO lie?

you tell us whydonchya? it not rocket science ya know.

 

[Modbert]

you tell us whydonchya? it not rocket science ya know.

Nice non-answer.

 

[Revere]

The CBO reports any numbers Congress, in this case, the last Congress, cooks up.

If Congress told the CBO to score the revenue from the sale of 2 arce parcels on the dark side of the moon, it would do that.

 

[Modbert]

The CBO reports any numbers Congress, in this case, the last Congress, cooks up.

If Congress told the CBO to score the revenue from the sale of 2 arce parcels on the dark side of the moon, it would do that.

Evidence? Is this going to be on par with your Brand X case showing that the FCC has no jurisdiction over the internet?

 

[WillowTree]

you tell us whydonchya? it not rocket science ya know.

Nice non-answer.

well knowing you won't accept any answer that doesn't fit your hackery here's an article with both viewpoints. read it or not no skin off my nose.




CBO warns repealing healthcare would add $230 billion to deficit - The Hill's Healthwatch


are you gonna go moralize to the libs for making fun of Cheney's pain and suffering?

 

[WillowTree]

"CBO can only provide a score based on the assumptions that are given to them," he said. "If you you go back to look at the healthcare bill and the assumptions that were given to them, you see all of the double counting that went on."

 

[Truthmatters]

When the CBO report says what they like they tout it.

when it reports what they dont like they pan it

 

[Revere]

The CBO reports any numbers Congress, in this case, the last Congress, cooks up.

If Congress told the CBO to score the revenue from the sale of 2 arce parcels on the dark side of the moon, it would do that.

Evidence? Is this going to be on par with your Brand X case showing that the FCC has no jurisdiction over the internet?

The CBO has no audit function. It just regurgitates what Congress tells it to.

The SCOTUS ruled the FCC has no controlling authority over the internet.

What part of that don't you understand.

 

[uscitizen]

When the CBO report says what they like they tout it.

when it reports what they dont like they pan it

Truth! And it really does not matter which "they" we are talking about.

 

[Soggy in NOLA]

So..not enacting an entitlement now costs us money?

Sorry, there is more to this picture than meets the eye.

 

[Truthmatters]

they dont even understand how this program was designed to save money.

Dumber than dirt they are

 

[Jarhead]

they dont even understand how this program was designed to save money.

Dumber than dirt they are

So the CBO does not understand it...but you do?

 

[Truthmatters]

When the CBO report says what they like they tout it.

when it reports what they dont like they pan it

Truth! And it really does not matter which "they" we are talking about.

I have never panned a cbo report that went contrary to my argument.

 

[G.T.]

So..not enacting an entitlement now costs us money?

Sorry, there is more to this picture than meets the eye.

"Enacting an entitlement" is not all that the Health Care Bill did, obviously. There were cost-saving measures in the bill. Read the CBO reports. They're the guys paid to figure these things out, albeit not with 100% accuracy of course but it at least speaks to your sentence #1 above being a faulty premise.