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GAO Report: Obamacare Adds $6.2
Trillion to Long-Term Deficit

National Review Online, by Andrew Stiles

Original Article

Posted By:KarenJ1, 2/26/2013 12:55:09 PM

Obamacare will increase the long-term federal deficit by $6.2 trillion, according to a Government Accountability Office (GAO) report released today. Senator Jeff Sessions (R., Ala.), who requested the report, revealed the findings this morning at a Senate Budget Committee hearing. The report, he said, “confirms everything critics and Republicans were saying about the faults of this bill,” and “dramatically proves that the promises made assuring the nation that the largest new entitlement program in history would not add one dime to the deficit were false.” President Obama and other Democrats attempted to win support

This just makes me want to weep tears of anger and frustration. And if the truth be known, that probably is a low figure. It´s all so terribly upsetting that there´s nothing I can do about it.


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Reply 1 - Posted by: MamaElephant, 2/26/2013 1:00:57 PM     (No. 9197255)

You´ve gotta admit, it´s certainly not one dime!

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Reply 2 - Posted by: whyyeseyec, 2/26/2013 1:04:55 PM     (No. 9197264)

You may as well multiply that by 5. Anything the govn touches will blow up in our faces.

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Reply 3 - Posted by: Scottyboy, 2/26/2013 1:06:32 PM     (No. 9197266)

The anti-American left´s long march through our institutions. - academia, the press, and political system - not to mention 50 years of unfettered third world immigration - have taken it´s toll.
I´m resigned to the fact that we will have to completely crash & burn before there is any hope of improvement.

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Reply 4 - Posted by: Peach1, 2/26/2013 1:12:00 PM     (No. 9197278)

I am so, so sad for my once great country.

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Reply 5 - Posted by: Jethro bo, 2/26/2013 1:15:18 PM     (No. 9197287)

And this means what to me? It’s not like we don´t already spend more than we have! Come on, if one is going t go completely insolvent, why spare any expense. We are just one big Dumb and Dumber movie. We sure intend on paying off all those IOUs but we will never ever have the money to do it. So why not spend more and more? It’s not like we ever intend on paying it back!

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Reply 6 - Posted by: Mr. Hanky, 2/26/2013 1:29:17 PM     (No. 9197327)

Yeah, who didn´t see this coming?

This is my shocked face.


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Reply 7 - Posted by: Franz, 2/26/2013 1:30:33 PM     (No. 9197333)

Obama was telling the truth when he said, Obamacare will not increase spending by one dime." Instead it will increase spending by 62 trillion dimes! We just misunderstood what he was telling us.

Yeah, right!

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Reply 8 - Posted by: brianod1, 2/26/2013 1:37:18 PM     (No. 9197357)

...but this can´t be true. Obummer promised his plan would fix everything at little or no cost to me.

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Reply 9 - Posted by: grambo, 2/26/2013 1:38:02 PM     (No. 9197360)

And like all other entitlements, this early estimate will be a fraction of the real costs.

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Reply 10 - Posted by: zephyrgirl, 2/26/2013 1:43:04 PM     (No. 9197376)

We´re doomed.

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Reply 11 - Posted by: Mr. Know-It-All, 2/26/2013 4:08:32 PM     (No. 9197611)

That´s a lot to pay in exchange for diminished services, longer waits, and the inevitable rationing that happens whenever ANY govt. starts running something.

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