Translation: I'll ignore the facts presented to me declaring I trust an organisation that has just been proven to be highly erroneous in their figures versus what really gets spent (why religiously quote predictions when they are so far off? the CBO is about as non partisan as the Fed ), and just spend two days insulting a forum member because he's not excessively effeminate like I am while at the same time hypocritically declaring other person "spews crap".
Again.. /rest my case
Let me know when you can stand up on two legs, kiddo. I let you perpetuate the sideshow long enough.
CBO deficit reduction estimates
CBO – Deficit reduction under ACA
The 2011 comprehensive CBO estimate projected a net deficit reduction of more than $200 billion during the period 2012–2021.
CBO estimated in March 2011 that for the 2012–2021 period, the law would result in net receipts of $813 billion, offset by $604 billion in outlays, resulting in a $210 billion reduction in the deficit.
As of the bill's passage into law in 2010, CBO estimated the legislation would reduce the deficit by $143 billion
over the first decade, but half of that was due to expected premiums for the C.L.A.S.S. Act
, which has since been abandoned.
Although the CBO generally does not provide cost estimates beyond the 10-year budget projection period (because of the great degree of uncertainty involved in the data) it decided to do so in this case at the request of lawmakers, and estimated a second decade deficit reduction of $1.2 trillion.
CBO predicted deficit reduction around a broad range of one-half percent of GDP over the 2020s while cautioning that "a wide range of changes could occur".
CBO also initially stated that the bill would "substantially reduce the growth of Medicare's payment rates for most services; impose an excise tax on insurance plans with relatively high premiums; and make various other changes to the federal tax code, Medicare, Medicaid, and other programs;"
A commonly heard criticism of the CBO cost estimates is that CBO was required to exclude from its initial estimates the effects of likely "doc fix
" legislation that would increase Medicare payments by more than $200 billion from 2010 to 2019;
however, the "doc fix" remains a separate piece of legislation.
Subject to the same exclusion, the CBO initially estimated the federal government's share of the cost during the first decade at $940 billion, $923 billion of which takes place during the final six years (2014–2019) when the spending kicks in;
with revenue exceeding spending during these six years.[ wikipedia YOU CAN MAKE ALL THE BS CLAIMS YOU WANT , "OBAMA CARE " IS EXPECTED TO LOWER THE BUDGET AND IMPROVE HEALTH CARE FOR THE AVERAGE AMERICAN , IN SPITE OF THE "WATERING DOWN " OF THE BILL BY THE REPUBLICANS .