Neotrotsky
Council to Supreme Soviet
CBO also said the ruling added uncertainty to its estimates but it has put
forward a number that comes down in the middle of possible outcomes.
In March 2011, CBO said that ‘Obamacare’ would reduce the deficit by $210 billion over ten years
"savings" in little over a year went down by 126 billion
How much more will the "savings" go down by next year?
This just a fancy way of saying that Papa ObamaCare is going to cost more than originally thought —
or more than they managed to convince themselves it was going to cost.
We see how gov't estimates of spending have worked out in the past
Spending Program
Medicare Part A
What politicians said it would cost- $9 billion a year by 1990
What it actually cost- $67 billion a year
Entire Medicare Program
What politicians said it would cost- $12 billion a year by 1990
What it actually cost- $110 billion a year
Medicare relief to states for hospitals
What politicians said it would cost- $1 billion a year in 1992
What it actually cost- $17 billion a year
Side note
Papa Obama is just deficit spending 1 trillion a year
There a 1000 billions in a trillion
84 billion is nothing
In fiscal year 2011 alone, the federal and state government spent $910 billion on "welfare" programs
forward a number that comes down in the middle of possible outcomes.
In March 2011, CBO said that ‘Obamacare’ would reduce the deficit by $210 billion over ten years
"savings" in little over a year went down by 126 billion
How much more will the "savings" go down by next year?
This just a fancy way of saying that Papa ObamaCare is going to cost more than originally thought —
or more than they managed to convince themselves it was going to cost.
We see how gov't estimates of spending have worked out in the past
Spending Program
Medicare Part A
What politicians said it would cost- $9 billion a year by 1990
What it actually cost- $67 billion a year
Entire Medicare Program
What politicians said it would cost- $12 billion a year by 1990
What it actually cost- $110 billion a year
Medicare relief to states for hospitals
What politicians said it would cost- $1 billion a year in 1992
What it actually cost- $17 billion a year
Side note
Papa Obama is just deficit spending 1 trillion a year
There a 1000 billions in a trillion
84 billion is nothing
In fiscal year 2011 alone, the federal and state government spent $910 billion on "welfare" programs
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