- Sep 14, 2011
- 63,945
- 9,969
- 2,040
There are multiple CBO Reports that show Obamacare save billions:
1. Boeher should know full well that Obamacare saves billions, because Boehner himself asked asked the CBO to evaluate the effects of Repealing Obamacare. This is what they said:
A. cause a $210 billion INCREASE in deficits between 2012 and 2021.
B. cause a $700 billion INCREASE in deficits between 2022 and 2032.
C. Cause 33 million people to lose their health insurance.
D Cause the percentage of people with health insurance to drop from 95% to 82%.
E. increase Medicare and Medicaid spending by $732 billion between 2012 and 2021.
http://www.cbo.gov/ftpdocs/120xx/doc12069/hr2.pdf
2. Even the Conservative "Business Round Table" says HRC will save businesses $9,000 per employee and will reduce future costs by 15% to 20%.
http://www.businessroundtable.org/s...Sustainable Health Care Marketplace_Final.pdf
3. The Medicare Trustees say HRC will save $120-Billion Over 5 years and $280 billion over 10.
http://www.cms.gov/apps/files/medicare-savings-report.pdf
4. A different CBO Report shows, Obamacare saves even more:
"Those amounts do not encompass all of the budgetary impacts of the ACA because that legislation has many other provisions, including some that will cause significant reductions in Medicare spending and others that will generate added tax revenues, relative to what would have occurred under prior law. CBO and JCT have previously estimated that the ACA will, on net, reduce budget deficits over the 20122021 period."
http://www.cbo.gov/sites/default/files/cbofiles/attachments/03-13-Coverage Estimates.pdf
Jonathan Cohn: No, Obamacare
1. Boeher should know full well that Obamacare saves billions, because Boehner himself asked asked the CBO to evaluate the effects of Repealing Obamacare. This is what they said:
A. cause a $210 billion INCREASE in deficits between 2012 and 2021.
B. cause a $700 billion INCREASE in deficits between 2022 and 2032.
C. Cause 33 million people to lose their health insurance.
D Cause the percentage of people with health insurance to drop from 95% to 82%.
E. increase Medicare and Medicaid spending by $732 billion between 2012 and 2021.
http://www.cbo.gov/ftpdocs/120xx/doc12069/hr2.pdf
2. Even the Conservative "Business Round Table" says HRC will save businesses $9,000 per employee and will reduce future costs by 15% to 20%.
http://www.businessroundtable.org/s...Sustainable Health Care Marketplace_Final.pdf
3. The Medicare Trustees say HRC will save $120-Billion Over 5 years and $280 billion over 10.
http://www.cms.gov/apps/files/medicare-savings-report.pdf
4. A different CBO Report shows, Obamacare saves even more:
"Those amounts do not encompass all of the budgetary impacts of the ACA because that legislation has many other provisions, including some that will cause significant reductions in Medicare spending and others that will generate added tax revenues, relative to what would have occurred under prior law. CBO and JCT have previously estimated that the ACA will, on net, reduce budget deficits over the 20122021 period."
http://www.cbo.gov/sites/default/files/cbofiles/attachments/03-13-Coverage Estimates.pdf
Jonathan Cohn: No, Obamacare