CBO scores PelosiCare and Doc Fix as INCREASE to deficit
Posted by Clyde Middleton
on Nov 19 2009 Filed under Politics.
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The games continue. Pelosi hawks her health-care bill as a reduction to the deficit. She got there by excluding deficit-increasing items such as the doc fix. However, when all the health-care related items are counted, the deficit increases.
Here’s the punchline, with the full letter at the end of this post:
“CBO has therefore developed a rough outlook for the decade following the 10-year budget window. The agency estimates that the two bills together would cost about $32 billion more in 2019 than H.R. 3962 alone and that the combination of the two bills would increase the budget deficit in 2019 by $23 billion relative to current law. Those increments would grow during the following decade. As stated in its October 29, 2009, letter to Congressman Charles B. Rangel, “CBO expects that [H.R. 3962] would slightly reduce federal budget deficits in that decade relative to those projected under current law—with a total effect during that decade that is in a broad range between zero and one-quarter percent of GDP [gross domestic product].” If both H.R. 3961 and H.R. 3962 were enacted, CBO expects that federal budget deficits during the decade following the 10-year budget window would increase relative to those projected under current law.”
If Obama signs these bills – if they ever get that far – then he is quite clearly A LIAR.
CBO Scoring of HR3961 (Doc Fix) and update with HR3962 (PelosiCare)
Related Posts
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- Ho-hum: Pelosicare hikes costs $289 billion
- Lying dems: Plan to do “doc fix” later; now would kill deficit picture
- Hensarling destroys Obama in deficit kerfuffle
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