The Democrats are telling us ObamaCare will only cost $940 billion over ten years and cut the deficit.
Politico: The bill would cost $940 billion, and reduce the deficit by $130 billion over the first 10 years and $1.2 trillion in the second 10 years. The deficit numbers Democrats have been most worried about, and will be key to convincing moderates to coming on board with the bill.
Keep in mind that no government entitlement, especially one this big, has ever come in under budget. Look no farther than Massachusetts for proof. Or look at Social Security and Medicare.
But here’s what the Democrats probably don’t want you to know. Of the $940 billion, most of that will be spent in the last six of the ten years, so it’s like a lay away plan for health care.
Ed Morrissey breaks it down:
Here’s the key table from CBO’s letter to Pelosi. Via Philip Klein, want to see what a shabby fraud these cost estimates are? Check out the line for “Gross Cost of Coverage Provisions”.
This is why they’re delaying the start of the program, of course. If it kicked in right away, the decade-long estimate would obviously be well into the trillions. So they simply stalled it for four years, incurring just $17 billion in costs — or 1.8 percent of the total 10-year estimate — through 2013 so that wavering Democrats could go back to their districts and tell baldfaced lies to their constituents about the pricetag. A perfect ending to this travesty.
Would any sane person pay rent on a house for four years before moving in? Would you make a car payment for four years before you would drive it? Of course not! This is ridiculous. It’s the most tragic of tragic comedies ever dreamed up.
Is this how lambs feel while being led to the slaughter house?
Keep in mind – they still don’t have the votes. Call today! 877-762-8762 or 202-224-3121 or 202-225-3121
Update: The American Spectator provides this graph which puts the shady CBO numbers in perspective.
Stacy McCain says it’s like a fat chick wearing a black skirt because she thinks it makes her butt look skinnier. I don’t know, I think she might want to invest in Spanx®.
Related: The Republicans are planning an all out assault on reconciliation in the Senate. Wary House members who vote yes should keep that in mind if they think the bill can be “fixed” through reconciliation. And the desperate despot is begging Democrats to get on board, his presidency is on the line. (Um, who’s fault is that?) Oh, and he postponed his trip overseas yet again. I guess he figures he needs to stick around for some more arm twisting and bribery.
Update 2: For some reason the graphic above brings to mind the “boiling frog” analogy.