Your ObamaCare Watchdog

Posts Tagged ‘Congressional Budget Office’

The CBO’s gift to ObamaCare’s anniversary

In ObamaCare on 03/2011 at 10:57 AM

The American public instinctively understands that subsidizing health care for millions of people will be staggeringly expensive and only grow over time. But at least now CBO is starting to disclose how fiscally reckless government health care really is. (The Wall Street Journal) More > …

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ObamaCare and the truth about ‘cost shifting’

In Politics Watch on 03/2011 at 9:06 AM

There’s no doubt about it, ObamaCare will increase cost shifting substantially. Again according to the Congressional Budget Office, once the law is fully operational, the volume of new health spending borne by taxpayers will be approximately $200 billion. (The Wall Street Journal) More > …

Dems relieved Berwick nomination dead on arrival

In Politics Watch on 03/2011 at 11:39 AM

“This should remind Republicans and other opponents of a key point in the ObamaCare debate: As much as the argument over Obamacare is about spending, taxes and the deficit, it is also about the quality of care that Americans will receive in a system in which indiscriminate cuts are made without true “reform.” (Washington Post) More > …

Health Care repeal WON’T add to deficit

In How It Affects You on 01/2011 at 12:39 PM

A close examination of CBO’s work and other evidence undercuts this budget-busting argument about repeal and leads to the exact opposite conclusion, which is that repeal is the logical first step toward restoring fiscal sanity. (Wall Street Journal) More > …

Breaking: CBO says repealing ObamaCare would reduce deficit by 540 billion

In Breaking, How It Affects You, ObamaCare on 01/2011 at 12:46 PM

The Congressional Budget Office, in an email to Capitol Hill staffers, has said that repealing the national health care law would reduce net spending by $540 billion in the ten year period from 2012 through 2021. (American Spectator) More > …

Health Care Law Repeal would deepen deficit in deeper doo-doo

In Politics Watch on 01/2011 at 11:33 AM

Leave it to the CBO to say repealing the Affordable Care Act would mean higher deficits plus insurance that is less comprehensive, less available, and in many cases more expensive. (The New Republic) More > …

Leaving a bad taste in Americans’ mouths

In How It Affects You on 11/2010 at 1:09 PM

The head of the trusted Congressional Budget Office (CBO) predicted ObamaCare will drive people out of the job market. Believe it my friends!  (Front Page Mag) More > …

Everybody wants to rule the world...

Math is hard…

In How It Affects You on 10/2010 at 11:15 AM

“A new study commissioned by Families USA, a group that supports ObamaCare, shows that the Democrats and the CBO badly miscalculated the level of subsidies provided.  In the first year (2014), 28 million Americans would have eligibility for more than $110 billion, outstripping the Congressional/CBO estimate by almost 600%” (Hot Air) More > …

ObamaCare’s overflowing deficit

In How It Affects You on 10/2010 at 12:19 PM

“The Congressional Budget Office has projected the 10-year, on-budget cost of ObamaCare will be just over $1 trillion. This paper estimates PPACA will impose an additional, hidden cost of $157 billion to $494 billion in the form of reduced economic output.” (Cato @ Liberty) More > …

Thanks a lot "NObamaCare!"

The staggering cost of the new census

In ObamaCare on 06/2010 at 7:34 PM

The cost to take the census has risen at a staggering clip, up from the 1950 rate of $0.60 per person to the estimated 2010 rate of $47 — much higher than the rate of population growth itself, which doubled in the same amount of time, growing from 150 million to surpass 300 million. Multiply that by the projected insurance premium rates … (Source: NCPA.org) More > …

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