House Republicans plan to vote tomorrow to repeal last year’s health care overhaul. You can read the text of the repeal legislation here.Read the rest of it here. Front loading all the taxes while waiting four years to start the benefits almost guaranteed a 10-year projection favorable to the Dems. The real numbers will be far more devastating.
One of the key defenses of the law is that it will reduce the deficit over the next decade and the decades to come. But the projections employed to make this argument just aren’t believable. Democrats gamed the Congressional Budget Office’s scoring process, producing a score that distorted the long-term numbers and was believable only under a set of fantastic and improbable assumptions.
Tuesday, January 18, 2011
Dems Defense of Obamacare Relies on Bogus Numbers
The effort to repeal Obamacare will continue in the House this week with San Fran Nan planning a spirited defense of the measure based on the false assumption that Obamacare will reduce the deficit. Reason has some thoughts:
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