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CBO: ObamaCare Offers
Biggest Pot Of Deficit Cuts

Investor´s Business Daily, by John Merline

Original Article

Posted By:RustMB, 11/16/2012 6:38:44 AM

A Congressional Budget Office report on ways to reduce the deficit, released last week to help guide budget negotiators in the upcoming "grand bargain" talks, contains one eye-opening item. It turns out that the single biggest pot of potential deficit savings available to lawmakers is ... ObamaCare. In its list of "options to reduce mandatory spending" and cut the deficit, the CBO says that repealing ObamaCare´s massive insurance subsidies would cut federal spending by $150 billion in 2020 alone.


Post Reply  

Reply 1 - Posted by: ruready?, 11/16/2012 6:53:09 AM     (No. 9017740)

Let the governor´s take care of Obamacare. Make Obama cut entitlements.

My greatest fear is that Obama´s endgame is to weaken our military. He wants to destroy Israel and needs our military out of the way. This is why 1) he has deposed middle-east dictators to create a caliphate that is of one mind that can act in unison against Israel 2) he opposes drilling in the US - the middle east needs our money to keep up the terrorism.

Reply 2 - Posted by: Keekng, 11/16/2012 6:57:26 AM     (No. 9017745)

Gotta love it when 0bamas sycophants talk about savings 8 years out.




Reply 3 - Posted by: Spidey, 11/16/2012 7:02:39 AM     (No. 9017757)

You don´t need CBO geniuses to figure out cutting Obamacare would save billions.Wish I could make the money these people make figuring out something this obvious.

The original estimates on Obamacare were way off the reservation to begin. They only calculated what it would cost the government,not people. Note Denny´s 5% surtax for Obamcare. that´s costing people money not the government and it´s only a start.

When you composite everything,including higher consumer prices and job losses,this monstrosity will cost a trillion a year in different forms.You can´t even comprehend the domino effect. Suppose a person´s premiums skyrocket,that´s less spending money on everything else.Disposable income will be a thing of the past unless your in an Obama fair haired boy group.Union members who can afford it the most are excluded.How about a drug dealer raking in $10,000 a week. No above board income to tax or fine.

Reply 4 - Posted by: uno, 11/16/2012 7:05:30 AM     (No. 9017760)

Obamacare: The single biggest lead weight around the neck of our country...ever...by design...rat-i-fied by dumbed-down, barely aware, vacuous, self-absorbed, cellphone-bribed, lazy, deadbeat, door knobs that can´t handle a sound bite over 10 seconds in length and white guilt-ridden, Birkenstock-wearing, bottled-water-drinking, Politically Correct, celebrity-obsessed, Liberal Lemmings determined to drag our nation down to the level of a rat-infested government housing project!

Reply 5 - Posted by: Keekng, 11/16/2012 7:14:18 AM     (No. 9017775)

Please strike reply #2, I misread (ignored) the article becase I thought it was pro-obamacare.

Reply 6 - Posted by: IGWTrust, 11/16/2012 8:09:15 AM     (No. 9017887)

Might be easier to repeal all or most of bill than to implement it. Or just prove soetoro is an impostor and negate all he did.

Reply 7 - Posted by: mickturn, 11/16/2012 9:02:24 AM     (No. 9018009)

OH NO, we can´t cut off all the money we intend to give our Cronies!!!!!





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Below, you will find ...

Most Recent Articles posted by "RustMB"


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Posted By: RustMB- 7/30/2013 3:26:36 PM     Post Reply
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Posted By: RustMB- 7/19/2013 8:01:33 AM     Post Reply
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Posted By: RustMB- 7/18/2013 10:43:10 AM     Post Reply
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Posted By: RustMB- 7/17/2013 9:41:14 AM     Post Reply
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Posted By: RustMB- 7/12/2013 8:09:55 AM     Post Reply
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Posted By: RustMB- 7/12/2013 6:45:34 AM     Post Reply
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Think NSA Spying Is Bad?
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Posted By: RustMB- 6/25/2013 10:02:42 AM     Post Reply
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Posted By: RustMB- 6/19/2013 8:10:50 AM     Post Reply
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