How many more times will Dems repeat this junk that the HCR bills are deficit Neutral??? My head EXPLODES every time I hear/read it, because the fact is Health Care will – starting in ’14 – cost the government a fresh $145 billion EVERY YEAR, if the “reforms” take place.
Here are the (approximate) raw numbers:
In the first 10 years from when President Obama will (hopefully not) sign the HCR bill, Medicare will be cut by $500 billion, and taxes will be increased by a half trillion dollars. This should reduce the deficit by $1 trillion in the first ten years, yet the CBO reports that HCR saves the budget only $130 billion in the next 10 years. Where, you ask, goes the rest $870 billion? Well… You got it: to cover this damn HCR bill starting in ’14 when the “benefits” kick in, which means a yearly expenses of $145 billion!
It is simple as I just put it, yet the Dems keep on repeating this blatant lie that HCR “saves” $130 billion during 10 years, giving the impression that the “reforms” save money to the government, when in fact it is only the steep Medicare cuts and sharp increase in tax that save some money.