|
Newsmax...
Obamacare and the
Deficit: Facts Fast and Loose - By Henry J. Reske
Jan. 13, 2011 - Claims that Obamacare will reduce the deficit, expand
it, or is a job-killer amount to silly, over-the-top, hypocritical
political rhetoric. An analysis of Republican and Democratic assertions
about repeal of the measure concluded that both sides are playing fast
and loose with the facts, The Washington Post said.
House Speaker John Boehner, R-Ohio, has attacked Congressional Budget
Office estimates of cost savings as “their opinion,” while Rep. Anthony
Weiner, D-N.Y., asserted that repealing the measure would cost the
government $1.2 trillion, the Post said.
“By the CBO's math, the bill does reduce the deficit--and that
repealing the bill would increase the deficit. Some of Boehner's
assertions have a basis in fact, but you can't dismiss the umpire in
the middle of the game when you don't like the calls he makes,” the
Post said. “Meanwhile, many Democrats are playing their own games with
the numbers. Weiner's statement is typical--he takes a very hazy
forecast 20 years down the road and treats it as the gospel truth.”
In its nearly 1,700 word analysis, the Post admits the issue is
complicated and the “focus on the numbers silly.” However, the
independent CBO concluded that the bill would reduce the deficit by
$143 billion in the first ten years. “The CBO has a respectable track
record, but CBO's numbers are based on models, and models can be
flawed,” the Post said.
http://www.newsmax.com/InsideCover/Obamacare-Deficit-Fast-Loose/2011/01/13/id/382731?s=al&promo_code=B763-1
|
|
|
|
