Reality Check

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by Zander, Mar 19, 2010.

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Will passing ObamaCare reduce the deficit like the CBO says it will?

  1. Yes

    28.6%
  2. No

    71.4%
  1. Zander
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    Zander Platinum Member

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    The CBO announced that passing ObamaCare, the largest expansion of entitlements in US history, will actually reduce the deficit over ten years!!! Woohoo!!! :rolleyes:

    It is time to get real folks. Does anyone actually believe that, if passed, ObamaCare is actually going to reduce the deficit over 10 years? We all know that the Feds do not have a very good track record with fiscal responsibility!

    For example, When Medicare passed it had a projected "10 year cost" of $12 billion. It actually cost us $70 billion - an increase of over 500%. In 2010 alone Medicare projected to account for 12.5% ($452 billion) of total gov't expenditures. For the decade 2010-2019 medicare is projected to cost $6.4 trillion dollars or 14.8% of the federal budget for the period. This is the same program that was "budget neutral" when it passed and would "save us money in the long run". Yeah, we all know how well that worked out! We now have an unfunded liability of over $36 TRILLION just for Medicare.

    So I ask you all, who here really believes that ObamaCare will reduce the deficit?
     
  2. xotoxi
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    xotoxi Platinum Member

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    [​IMG]

    YES!!!

    DEFICIT REDUCTION ROCKS!!!
     
  3. Truthmatters
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    Truthmatters BANNED

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    Do you remember the right voting for a shit load of Bush trash legislation that the CBO scored as huge debt growers?

    The people who care about facts remember.
     
  4. Zoom-boing
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    Zoom-boing Gold Member

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    Not a chance in hell.
     
  5. uscitizen
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    uscitizen Senior Member

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    The CBO knows more about such things than I do.
    And all of us here I expect.
     
  6. Truthmatters
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    Truthmatters BANNED

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    Did the Iraq war pay for itself like Bush claimed?
     
  7. Care4all
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    Care4all Warrior Princess Supporting Member

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    the projected deficit is COLOSSALY HUGE....it is possible it wiil reduce that projection by a few billion with the medicare cuts they have in the bill....which will make the debt just GRANDIOSELY HUGE! :eek:

    the medicare pill bill was costed out to $540 billion by CBO....the house threatened to FIRE the actuary who came up with THAT SCORE....he was told to keep his mouth shut or no job....the republicans then told all of congress its score was $400 billion so that they could get certain republican congressmen to vote for it who initially refused because the pill bill was the biggest entitlement program addition in recent history and $400 bil was their cap for their support... then one week after it passed the cbo scandal came out and we found out cbo costed it out to $540 billion.... and so far, the cbo WAS FAIRLY ACCURATE....it is running at 560 billion....so the cbo's initial projected mark, was pretty accurate.
     
  8. Zander
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    Zander Platinum Member

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    I don't recall hearing Bush say that. Got a link?
     
  9. Zander
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    Zander Platinum Member

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    Nothing from BUSH - Wanna try again? Or just admit you made it up?
     
  10. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Reconstruction, they're talking about reconstruction. Your hatred and bitterness got you blowed up... again
     

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