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Why must Obombuncare be part of the FISCAL CLIFF EQUATION? Because it fiscally failed and does not control health care costs as promised.
ObamaCare Must Be Part of Fiscal Cliff Talks
Posted 11/23/2012 06:51 PM ET
House Speaker John Boehner, writing in the Cincinnati Enquirer, argued that ObamaCare "adds a massive, expensive, unworkable government program... View Enlarged Image
House Speaker John Boehner is right that ObamaCare has to be part of any fiscal cliff talks.
If it's not, it will be proof that Democrats aren't serious about tackling the country's long-term deficit crisis.
In an op-ed this week for his hometown newspaper, the Cincinnati Enquirer, Boehner argued that ObamaCare "adds a massive, expensive, unworkable government program at a time when our national debt already exceeds the size of our country's entire economy."
He's got that right, too.
When they put ObamaCare together, Democrats tried to hide its true cost by delaying its start date and deploying various accounting tricks — such as double-counting Medicare savings.
But the fact is ObamaCare offers lawmakers a huge pot of potential spending cuts.
Over the next 10 years, ObamaCare will add a stunning $1.7 trillion to the federal budget.
By 2022, its annual costs will be $256 billion, and rising at a fast 6% clip.
A recent Congressional Budget Office report notes that simply scrapping ObamaCare's "insurance exchange" subsidies would knock $150 billion off the federal tab in 2020. That's far more savings than any other single cost-cutting idea being floated by budget hawks these days.
And since none of these subsidies is in effect now, no one would miss them.
Plus, if the history of federal health programs is any guide, those are decidedly low-ball estimates.
As IBD reported recently, Medicare cost 50% more in its first year than the government had expected, and lawmakers have struggled since to keep its spending in line. The same holds true for Medicaid, which is swamping state budgets.
I'LL BET THE RADICAL FAR LEFT GROUP ALONG WITH THE SOCIALIST GUY WILL NOT ANSWER ADDRESS ANY OF THE SPECIFICS OF THIS POST.....THEY NEVER DO AND SAY IT IS FEAR MONGERING.
Are your premiums getting higher, has the controlling of health care costs failed as promised, is it harder to find a doctor, have you read about the changes in Medicare Advantage and don't know the truth, do you know the FACTS about Obama's taking $ 716 BILLION from Medicare?
Are the above questions and more FEAR MONGERING? NO
THE TRUTH IS THAT THE RADICAL FAR LEFT LIBERAL/SOCIALIST GROUP is using FEAR MONGERING AS AN EXCUSE NOT TO ANSWER THE BAD, UGLY, TRUTHFUL, FACTUAL, AND NECESSARY FACTS ABOUT OBAMACARE.
Watch their posts folks. They are empty of any substance and try to hide the FACTS and the TRUTH.