ColonelAngus
Diamond Member
- Feb 25, 2015
- 52,238
- 52,203
- 3,615
Biden is a straight up LIAR.
The $3.5 trillion spending bill is NOT going to pay for itself.
The $3.5 trillion spending bill is NOT going to pay for itself.
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Well this democrat can sure read the 14th amendment,Democrats can't even read, let alone have a copy of the Constitution.
Besides, the Constitution was a good start for "social justice", but it's so old and racist and needs revisions, revisions democrats can simply do without wasting time revising.
Make sense?
And note of course...that's 3.5 T over ten years
350B a year. Not nearly as scary as it sounds
Remember what was said about Obamacare? That turned out to be bullshit. It nearly paid for itself and would have had not Republicans scrwed with the revenue streams
though the summary doesn't provide details.The Senate Budget Committee, which released a framework agreement over the summer, says that the investments will be fully offset by a combination of new tax revenues, health care savings and long-term economic growth, though the summary doesn't provide details. The instructions also list corporate and international tax reform and Internal Revenue Service tax enforcement as options -- both of which Republicans shot down in the bipartisan infrastructure bill.
However, a memorandum to Democratic senators specifies that new taxes on families making less than $400,000 a year, small businesses and family farms would be prohibited.
Talk about Economic illiteracy, yes, the ACA more than paid for itself.IF you think Biden is sincere then what he and his administration suffer from is called 'Economic Illiteracy'.
If you know Democrats / Joe Biden, what you KNOW he is actually doing is lying to the American people. He learned how to do this better under Obama.
President Obama told Americans that his Obamacare bill would 1) NOT COST A DIME & 2) WILL PAY FOR ITSELF.
- IT DID NEITHER.
- Obama asked Americans to believe that his government program would do not only what no US government program in US history had ever done but what no government program in world history had done - not cost a dime and pay for itself.
Biden is now asking Americans his fiscal program will do the same thing.
DoneCan anyone post a large spending bill that PAID for itself?
Post the specific bill, the COST, and then how it paid for itself.
GO ahead and do it:
Spending Bill that PAID FOR ITSELF:
1)
The most famous example,Can anyone post a large spending bill that PAID for itself?
Post the specific bill, the COST, and then how it paid for itself.
GO ahead and do it:
Spending Bill that PAID FOR ITSELF:
1)
But I thought all this socialized stuff was “free”. You mean someone has to pay for it .That's because you are subsidizing those that pay very little to nothing. Don't tell working Democrats though, they don't quite get it.
Estimates from 2014?Talk about Economic illiteracy, yes, the ACA more than paid for itself.
In March 2010, just before the Affordable Care Act (ACA) was enacted, CBO and the staff of the Joint Committee on Taxation (JCT) estimated that changes in direct spending and revenues under the legislation would reduce federal budget deficits by $124 billion over the 2010–2019 period and by roughly one-half of 1 percent of gross domestic product (GDP) over the ensuing decade (see the cost estimate for H.R. 4872, Reconciliation Act of 2010 [Final Health Care Legislation], March 20, 2010). In the four years since those estimates were produced, there have been significant changes in the economic outlook, in the health care and health care financing systems, in CBO and JCT’s estimating methodologies, in provisions of law that relate to the ACA, and in the implementation of the ACA as guided by judicial decisions and administrative actions. All of those changes could affect the impact of the ACA on budget deficits, potentially in significant ways.
In response to the request for an estimate of the net impact on the deficit of the ACA, the following points are important:
- Based on revisions to the estimated budgetary effects of aspects of the ACA that CBO and JCT have analyzed, the agencies have no reason to think that their initial assessment that the ACA would reduce budget deficits was incorrect.
Estimating the Budgetary Effects of the Affordable Care Act
Following a recent hearing, CBO was asked by a Member of Congress to provide an updated estimate of the budgetary effects of the Affordable Care Act. This post explains why CBO cannot readily provide a retrospective analysis of the ACA.www.cbo.gov
tshrimp
Mine went up by 60% and I called HR to find out why. She said it was all because of Obamacare. The ONLY people who liked Obamacare are the people we were paying for. It cost the rest of us up the ass.