um...about those budget savings we were going to get from Obamacare...
Whoops! There goes the Congressional Budget office again--proving with hard facts and figures that Obamacare will cost more, as a matter of fact, much, much more, $115 billion more over ten years than President Barack Hussein Obama (D) estimated.
But...but...but Obama claimed his bill would reduce costs. Ah, but as the first ever female Speaker of the House, Rep Nancy Pelosi (D-CA) stated while pushing it through, "we have to pass the bill so that you can find out what is in it."
Well ok, Barack, Nancy and all the others, we are now finding out what's in what you passed.
The budget scam that would have made Bernie Madoff blush. Medicare won't be cut.
And then there are all types of administrative money devouring costs and discretionary spending that CBO didn't mention in the original draft but are now part of the final health care legislation.
[A]dministrative expenses for the Department of Health and Human Services and the Internal Revenue Service for carrying out key requirements of the legislation.
Explicit authorizations for future appropriations for a variety of grant and other program spending for which the act identifies the specific funding levels it envisions for one or more years.
(snip)
Explicit authorizations for future appropriations for a variety of grant and other program spending for which no specific funding levels are identified in the legislation.
Ok the law was passed in what Pelosi believed was the most open process ever.
Greece, here we come! But who will loan us money then? China? Saudi Arabia?
hat tip: David Hogberg, investors.com
FOLLOW US ON
Recent Articles
- The Russia Tariff Canard
- When The Government Brutalizes Children
- Trump’s Global Bunker Buster Day
- Phone-Free Schools: Banning Phones to Protect Schoolchildren
- Out-of-Control Courts
- ‘Democracy,’ Establishment Style
- The Truth About Trump’s Tariff Revisions … It’s All About 'The Art of the Deal'
- Remember, MAGA: This is No Time to Go Wobbly
- The Hill of Lies
- Trump’s Tariff Play: The Art of the Economic Reset
Blog Posts
- Let’s talk about the economic collapse and recession that aren’t happening
- Where were all the ‘protesters’ during Biden’s years in office?
- Progressivism is an auto-immune disease
- Time to tariff up: Stop funding our own collapse
- Major victory from SCOTUS in Trump deportation case
- Mississippi on the move
- We called him ‘Daniel el travieso’
- The Supreme Court affirms Justice Boasberg lacked jurisdiction over Trump’s deportation decision under the Alien Enemies Act
- DOGE spirit moves downstream -- to new U.S. Attorney who vows to probe the billions lost to L.A.'s homeless industrial complex
- A majority of self-identified leftists think political assassination is a societal good
- One Democrat has an idea for winning: a new ‘Contract with America’
- Kash Patel promotes an FBI agent who called J6 patriots and moms at school board meetings ‘terrorists’
- Tariffs threaten to put the nail in the ‘green’ energy coffin
- U.K. man fired for saying terrorists who murdered 1,200 Israelis are 'violent and disgusting'
- Abolish the Bar: The root of our corrupt and lawless judiciary