1. Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

CBO Says Repealing ObamaCare Would Reduce Net Spending by $540 Billion

Discussion in 'Political Debate & Discussion' started by carpro, Jan 7, 2011.

  1. carpro

    carpro Well-Known Member

    Joined:
    Oct 14, 2004
    Messages:
    21,787
    Ratings:
    +1,287
    Faith:
    Baptist
    http://spectator.org/blog/2011/01/07/breaking-cbo-says-repealing-ob

    BREAKING: CBO Says Repealing ObamaCare Would Reduce Net Spending by $540 Billion

    By Philip Klein on 1.7.11 @ 1:56PM


    The Congressional Budget Office, in an email to Capitol Hill staffers obtained by the Spectator, 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. That number represents the cost of the new provisions, minus Medicare cuts. Repealing the bill would also eliminate $770 billion in taxes. It's the tax hikes in the health care law (along with the Medicare cuts) which accounts for the $230 billion in deficit reduction.
     
Loading...