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  Topic: CBO: Entitlements, ObamaCare To
Make Up 53% of Federal Spending
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CBO: Entitlements, ObamaCare To
Make Up 53% of Federal Spending

Cybercast News Service, by Matt Cover

Original Article

Posted By:KarenJ1, 2/6/2013 11:36:08 AM

According to projections from the Congressional Budget Office (CBO), entitlements and ObamaCare spending will comprise 53 percent of all federal spending over the coming decade, totaling $24.9 trillion. In its updated Budget and Economic Outlook report released on Tuesday, the CBO projects that Social Security will account for $11.149 trillion in spending from 2014 to 2023 while federal health care entitlements, including Medicare, Medicaid, and ObamaCare, will spend $13.85 trillion. (That total includes TRICARE, CHIP, and "other" spending listed by the CBO under healthcare.)

Comments:
Well that made me feel really good! s/o And 0bama and his regime won´t touch cuts to entitlements because they´re Democrat voters. I don´t even know what to say anymore.

  

Post Reply  

Reply 1 - Posted by: olcap, 2/6/2013 11:44:26 AM     (No. 9161790)

How about the corporate entitlements? I´m sure those dwarf anything going to real PEOPLE.


Reply 2 - Posted by: lil dotty, 2/6/2013 12:09:03 PM     (No. 9161867)

Keep going boys, you´re half way there. Go for the gold. The goose that laid the golden egg, and that goose is surrounded by quackers


   

 

  


 
Reply 3 - Posted by: veritas, 2/6/2013 12:19:45 PM     (No. 9161890)

Medicare, Medicaid, and SS are three different animals. Lumping them as always happens "somehow" is a thumb on the scale -- typical Leftist tactic, and typical of sloppy thinking by those not fully on-board the agenda train.


Reply 4 - Posted by: Bevan, 2/6/2013 12:37:05 PM     (No. 9161926)

#1, Can you name a "corporate entitlement?"
Do you own a home and deduct the interest? Then you get an entitlement.


Reply 5 - Posted by: bob913, 2/6/2013 1:38:55 PM     (No. 9162028)

When congress steals our 401k money they will have plenty of money to pay the bills....



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