One ObamaCare Lie Revealed

Do you remember back when the health care bill was being debated, and the CBO kicked out a report showing that it would reduce the deficit? This took place before a backdrop of Obama and Congressional Democrats telling us the bill MUST pass because health care is too expensive and this would reduce the costs.

One little tidbit missing from the CBO report is HOW the bill would supposedly "reduce the deficit." Now we find out that this was accomplished by INCREASING spending, but raising taxes even more to compensate. So the bill doesn't reduce health care spending at all, it increases it.
http://keithhennessey.com/2010/08/25/cbo-late/

In March, CBO and the staff of the Joint Committee on Taxation estimated that the net effect of PPACA and the Reconciliation Act would be to reduce federal budget deficits over the 2010-2019 period by a total of $143 billion. That estimate consisted of a net deficit reduction of $124 billion from the health care and revenue provisions in both bills.

Taking into account all of the provisions related to health care and revenues, the two pieces of legislation were estimated to increase mandatory outlays by $401 billion and raise revenues by $525 billion.

Far from controlling costs, ObamaCare INCREASES costs. Health care isn't LESS expensive, it's MORE expensive.

Gee... thanks, Democrats.