CBO Says Obamacare Will Shrink The Deficit: Where's the kudos from the Right?

This must be one of those instances where the "CBO is a left wing partisan group"
 
Yeah, increasing taxes and reducing some of the spending does decrease the deficit. Most of this could have been done independent of the other portions of the bill though.

However we have to remember that this also relies on current predictions. A lot of people may shelve their insurance knowing fully well that they can get one if they ever get sick. That will also increase the cost of insurance making even more people take the same route.

Even though what I presented would make economic sense for many, we will se what actually happens. It's quite hard to predict.
 
Uh huh

CBO to employers: Obamacare has $4B more in taxes than expected | WashingtonExaminer.com

Business owners will pay $4 billion more in taxes under President Obama’s Affordable Care Act (ACA) than the Congressional Budget Office had previously expected.

“According to the updated estimates, the amount of deficit reduction from penalty payments and other effects on tax revenues under the ACA will be $5 billion more than previously estimated,” the CBO reported today. “That change primarily effects a $4 billion increase in collections from such payments by employers, a $1 billion increase in such payments by individuals, and an increase of less than $500 million in tax revenues stemming from a small reduction in employment-based coverage, which will lead to a larger share of total compensation taking the form of taxable wages and salaries and a smaller share taking the form of nontaxable health benefits.”

In short, CBO revised the Obamacare tax burden upward by $4 billion for businesses and $1 billion to $1.5 billion for individual workers.
 
Uh huh

CBO to employers: Obamacare has $4B more in taxes than expected | WashingtonExaminer.com

Business owners will pay $4 billion more in taxes under President Obama’s Affordable Care Act (ACA) than the Congressional Budget Office had previously expected.

“According to the updated estimates, the amount of deficit reduction from penalty payments and other effects on tax revenues under the ACA will be $5 billion more than previously estimated,” the CBO reported today. “That change primarily effects a $4 billion increase in collections from such payments by employers, a $1 billion increase in such payments by individuals, and an increase of less than $500 million in tax revenues stemming from a small reduction in employment-based coverage, which will lead to a larger share of total compensation taking the form of taxable wages and salaries and a smaller share taking the form of nontaxable health benefits.”

In short, CBO revised the Obamacare tax burden upward by $4 billion for businesses and $1 billion to $1.5 billion for individual workers.
And, of course, they score it statically, purposefully overlooking the fact that when you tax something you get less of it.
 
CBO revised the Obamacare tax burden upward by $4 billion for businesses and $1 billion to $1.5 billion for individual workers.

you people were duped..how does it feel?
 
CBO revised the Obamacare tax burden upward by $4 billion for businesses and $1 billion to $1.5 billion for individual workers.

you people were duped..how does it feel?

Baaaah, says the Sheep who "knows" her taxes are going up but just can't quite say how much. Duped!
 
Budget office: Obama's health law reduces deficit | Fox News

Oh, that's right, it's the black guy again. Never mind. Carry on. Socialism. Kenya. Birth certificate. Bad for business. Incompetent. Kenya. Tax and spend. Largest spender ever. Largest tax increase ever.

If you believe the CBO, that's your issue. Got nothing to do with skin color. But you're a racist so everything is about color to you.

The board hypocrite has spoken. Bow to her greatness.
 
Romneycare a great success, none of the PUB doom and gloom. Frontline said cost rises are now 2%, easily the lowest in the USA. So change the channel...

"For this reason he also provided for subsidies for individuals living below three times the federal poverty line to make insurance affordable. This “three-legged stool”—banning discrimination in insurance markets, mandating that individuals purchase insurance, and providing low-income subsidies for insurance purchase—became the basis for both our reform in Massachusetts and for the Affordable Care Act (ACA).The enormous success of health-care reform in the almost six years since its passage in Massachusetts can make us more confident that this three-legged stool will work for the nation as a whole. We have covered about two-thirds of uninsured Massachusetts residents, and have lowered the premiums in the non-group market by half relative to national premium trends. And we have done so with broad public support.

Moreover, this reform succeeded without interfering with the employer-sponsored insurance market that works for most of our residents: employer-sponsored insurance coverage has actually risen in Massachusetts, while falling sharply nationally, and the premiums for employer-sponsored insurance rose no faster in Massachusetts than they did nationally.This was all possible because the individual mandate ended the “death spiral” of trying to obtain fairly priced insurance by just forcing insurers to charge everyone the same price.
The bottom line is that we can’t have fairly priced insurance for the healthy and sick alike without the broad participation that is guaranteed by the mandate. The mandate is the spinach we have to eat to get the dessert that is fairly priced insurance coverage.

Actually, RomneyCare is an enormous success « Hot Air HeadlinesMar 27, 2012 ...

Actually, RomneyCare is an enormous success. Into this chasm stepped the hero of our story, Governor Mitt Romney, and his plan for ...http://www.factcheck.org/2011/03/rom...nd-falsehoods/ -

Cachedromneycare success - Google Search
 
Romneycare a great success, none of the PUB doom and gloom. Frontline said cost rises are now 2%, easily the lowest in the USA. So change the channel...

"For this reason he also provided for subsidies for individuals living below three times the federal poverty line to make insurance affordable. This “three-legged stool”—banning discrimination in insurance markets, mandating that individuals purchase insurance, and providing low-income subsidies for insurance purchase—became the basis for both our reform in Massachusetts and for the Affordable Care Act (ACA).The enormous success of health-care reform in the almost six years since its passage in Massachusetts can make us more confident that this three-legged stool will work for the nation as a whole. We have covered about two-thirds of uninsured Massachusetts residents, and have lowered the premiums in the non-group market by half relative to national premium trends. And we have done so with broad public support.

Moreover, this reform succeeded without interfering with the employer-sponsored insurance market that works for most of our residents: employer-sponsored insurance coverage has actually risen in Massachusetts, while falling sharply nationally, and the premiums for employer-sponsored insurance rose no faster in Massachusetts than they did nationally.This was all possible because the individual mandate ended the “death spiral” of trying to obtain fairly priced insurance by just forcing insurers to charge everyone the same price.
The bottom line is that we can’t have fairly priced insurance for the healthy and sick alike without the broad participation that is guaranteed by the mandate. The mandate is the spinach we have to eat to get the dessert that is fairly priced insurance coverage.

Actually, RomneyCare is an enormous success « Hot Air HeadlinesMar 27, 2012 ...

Actually, RomneyCare is an enormous success. Into this chasm stepped the hero of our story, Governor Mitt Romney, and his plan for ...http://www.factcheck.org/2011/03/rom...nd-falsehoods/ -

Cachedromneycare success - Google Search

romneyCare wasn't shoved off on the people of the country by the Federal Government and your dear leader against their will...
 
ITT: Conservatives argue with a non-partisan office that says the ACA will reduce the deficit by $84 billion dollars, and repealing it would cost about $100 billion.
 
The AP should apologize...............

for printing one of the most egregiously deceptive articles I've seen in a long while.

For those interested in the TRUTH, read the CBO's actual report
CBO | Estimates for the Insurance Coverage Provisions of the Affordable Care Act Updated for the Recent Supreme Court Decision

Costs will go down only because unknown millions of new people Obama expected to dump into the states' Medicaid programs was found to be unconstitutional.

The CBO cannot accurately give a true picture of "savings" to the government because they cannot predict how many states will opt out. There are already 7 or 8 and the list will grow.

So while some very foolish liberals spin this piece of crap, the reality is this - there are now an unknown number of millions of people who will, once again, remain uninsured.
 
I knew there would be some dumbfuck liberal touting this report that is from an Obamination campaign donor handpicked to run that office.

She has donated around $28,000 to Democrap campaigns in the past, but of course she didn't get that job by giving money and visiting the White House "8" times while Obamination invaded it.....
 
This must be one of those instances where the "CBO is a left wing partisan group"

The CBO is not partisan, just constrained.

By the way, the CBO also said that Obamacare will increase taxes by a $1 trillion, mostly on middle class and poor Americans, should we be happy about that?
 
The AP should apologize...............

for printing one of the most egregiously deceptive articles I've seen in a long while.

For those interested in the TRUTH, read the CBO's actual report
CBO | Estimates for the Insurance Coverage Provisions of the Affordable Care Act Updated for the Recent Supreme Court Decision

Costs will go down only because unknown millions of new people Obama expected to dump into the states' Medicaid programs was found to be unconstitutional.

The CBO cannot accurately give a true picture of "savings" to the government because they cannot predict how many states will opt out. There are already 7 or 8 and the list will grow.

So while some very foolish liberals spin this piece of crap, the reality is this - there are now an unknown number of millions of people who will, once again, remain uninsured.

Sounds to me like the asshole Republican Governors who are refusing to do some real honest work and figure out how to pay their measly 10% of the additional Medicaid costs are the ones you should be upset with. They're a) causing the ACA to cost less than before (not spin, just truth) and b) They're causing those millions of people to not be insured.

That's a two-headed fail dildo that Perry and Jindal are fucking you with and you like it. ENJOY!
 
I wonder what assumptions, gimmjicks, and deceptions were presented to the CBO for purposes of generating just such a report on this new money making venture known as the ACA. Hell, the word "affordable" is right there in the title, it must be true!
 
I wonder what assumptions, gimmjicks, and deceptions were presented to the CBO for purposes of generating just such a report on this new money making venture known as the ACA. Hell, the word "affordable" is right there in the title, it must be true!

I wonder what rhetoric, bullshit, lies and conspiracy theories were pumped into your brain to make you doubt a non-partisan government agency that also did work for Bush II, Bush I and Reagan. I wonder why you're such a brainwashed dolt that things like facts bother you. I wonder if you're collecting Social Security and are on Medicare but bitching about other people getting help from the government.

I wonder if you can tie your shoes without pissing your pants.
 

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