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Yes, Obamacare DOES reduce the deficit

Post on July 25, 2012 by 11 Comments »

I don’t know how many times conservatives feel they have to lie about this, but the nonpartisan Congressional Budget Office confirmed yet again yesterday that the Affordable Care Act will reduce the federal deficit.  Specifically it will mean for the deficit a “net reduction of $84 billion.”  The facts won’t be enough for some people of course.  They’ll make up their own figures and yell from the rooftops the opposite conclusion – one that just happens to be more in line with their political views.

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Comments (Closed):11

  1. Frank Burns
    July 25, 2012 at 8:11 pm

    Double counting by Dems is considered a lie. Is this new math what you all call the truth? The report failed to mention the $115 Billion to run the program, double counts the medicare savings, double counts the CLASS savings, double counts social security revenue, does not count the Doc fix it nets out a $700 Billion deficit over 10 years. http://www.weeklystandard.com/blogs/paul-ryan-actually-obamacare-will-increase-budget-deficit-700-billion-over-10-years_526794.htm

    My BS meter was going off the scale when I saw this report. Wow. There is no savings but Obamacare puts us deeper in the deficit hole.

  2. gregflynn
    July 25, 2012 at 10:06 pm

    Frank, your BS meter went off the scale a long time ago. You quote Paul Ryan, whose budget would actually increase the deficit, from over a year ago, in the Weekly Standard, a neo-conservative rag that has never seen a profit.

    Here’s a simple explanation of the “double-counting” myth from Kevin Drum at Mother Jones and a more complex one from Ezra Klein at Washington Post

  3. Alex
    July 25, 2012 at 10:33 pm

    I get so tired of people quoting Ezra Klein on economic matters. The guy only has a worthless BA degree, and without any credentials at all as an economist, becomes a spokesman for the left like he’s some kind of authority. In reality, he’s just a two-bit reporter who just repeats things that he hears over the internet.

  4. gregflynn
    July 25, 2012 at 10:41 pm

    And Alex is an anonymous nobody who doesn’t have the guts to stand behind his/her cheap shots repeating things that he/she hears over the internet?

  5. Frank Burns
    July 26, 2012 at 6:53 am

    Smoke and mirrors are still a lie and you should be ashamed. Nothing has changed in the Democrat’s message and what they tell the CBO to price out. You present this BS and have the nerve to say conservatives are liars. Is this how Advocacy Groups behave? Is deceipt a tool in your arsenal?

    http://www.washingtonpost.com/blogs/right-turn/post/obamacare-numbers-still-rotten-after-all-these-years/2012/07/25/gJQA1O1o8W_blog.html

  6. gregflynn
    July 26, 2012 at 10:22 am

    Great Frank, you found the Washington Post’s right wing blogger in residence, an obsessive lover of Romney and an obsessive hater of Obama whose stock in trade is, according to Eric Alterman, “serial inaccuracy and incivility”.

  7. Frank Burns
    July 26, 2012 at 10:43 am

    Greg,
    So you don’t like the source. Do you deny the the creative math the Dems have used to justify Obamacare expenditures? I see you slid right by the deception from the left and just shot the messenger. Are you saying there is no double counting and all costs are included in the CBO calculation? Let’s see if you can reply in an honest manner.

  8. gregflynn
    July 26, 2012 at 11:09 am

    I provided two links already. One simple, one complex. I assume you have some basic reading skills. Perhaps I’m being too generous.

  9. david esmay
    July 26, 2012 at 2:36 pm

    @Alex, “the guy only has a worthless BA degree and without any credentials as an economist.” I’ like to remind you that Paul Ryan, the darling economist of the hyper-right, Rombot, and the tea party, has a BA in marketing from Miami of Ohio, his only credentials, other than being a pandering lap dog of Jack Kemp, is working in marketing for his family’s company. Like David Brooks, Jenifer Rubin is nothing more than, professional groveler and flatterer who spends her time trying come up with new ways to morally justify the hyper-rights ridiculous assertions on any subject.

  10. Frank Burns
    July 26, 2012 at 7:04 pm

    Since Greg refuses to answer the question, I direct my question to the author of this blog Adam Searing. Adam what is the basis for your statement that conservatives are not being honest and tell me if you consider the left being honest regarding the cost of Obamacare? Do you suggest that there is no double counting and that all costs are included?

  11. Alex
    July 27, 2012 at 7:27 am

    @Greg so I am I to assume a career state bureaucrat unable to make it in the private sector is an expert in anything. Don’t flatter yourself !