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  1. #31  
    PORCUS STAPHUS ADMIN Rockntractor's Avatar
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    Apr 2009
    Quote Originally Posted by lacarnut View Post
    No. Government projections on large programs are ALWAYS, ALWAYS, ALWAYS understated/ underfunded and over budget. Name me a program that is not. Prove it.
    Bushes drug program for seniors, of course Democrats are killing it.
    Woe to those who call evil good, and good evil;
    Who substitute darkness for light and light for darkness;
    Who substitute bitter for sweet and sweet for bitter!
    21 Woe to those who are wise in their own eyes
    And clever in their own sight! Isaiah 5:20-21 NASB

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  2. #32  
    Senior Member malloc's Avatar
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    Apr 2009
    Queen Creek, AZ
    Quote Originally Posted by Satanicus View Post
    blow a trillion dollar hole in the National Debt.

    Imagine that , there first vote will be to add a trillion dollars to the national debt.

    According to a Democratic source, CBO has finished its work and will release the official preliminary score later today. But here are the basic numbers: The bill will cost $940 billion over the first 10 years and reduce the deficit by $130 billion during that period. In the second 10 years -- so, 2020 to 2029 -- it will reduce the deficit by $1.2 trillion. The legislation will cover 32 million Americans, or 95 percent of the legal population.

    To put this in context, that's more deficit reduction than either the House or Senate bill, and more coverage than the Senate bill.
    If you are going to cite sources, why not look at some of the sources that published articles after the CBO back tracked on their estimates.

    The article dissects the accounting tricks, and cites the CBO as a source, when the CBO says, and I quote, "CBO estimates that enacting all three pieces of legislation would add $59 billion to budget deficits over the 2010–2019 period."

    That's $59 Billion deficit in the first year alone, that's a far cry from the $138 Billion we were promised in savings isn't it.

    Then there's the fact that the individual mandate will be found unconstitutional. When that happens no accounting tricks in the world are going to make Obamacide look good, even on paper.

    CBO and JCT estimate that, relative to current law, the elimination of the mandate would reduce insurance coverage among healthier people to a greater degree than it would reduce coverage among less healthy people. As a result, in the absence of a mandate, those who enroll would be less healthy, on average, than those enrolled with a mandate. This adverse selection would increase premiums for new non-group policies (purchased either in the exchanges or directly from insurers in the non-group market) by an estimated 15 to 20 percent relative to current law. Without the mandate, Medicaid enrollees would also have higher expected health spending, on average, than those enrolled under current law. Thus, the budgetary savings from removing the mandate would be less than proportional to the reduction in insurance coverage.

    Face it Stupidicus, you were duped by the party you love so much. Your sharp-as-a-bowling-ball mind was easily outwitted by simple accounting tricks, and wishful thinking written into the legislation. The democrats knew they wouldn't be able to get this filth to pass without a whopper of a big lie, so lie they did. I think the lies they told to the public from the pulpit of the Sunday morning shows should be a prosecutable offense.
    "In England a king hath little more to do than to make war and give away places; which in plain terms, is to impoverish the nation and set it together by the ears. A pretty business indeed for a man to be allowed eight hundred thousand sterling a year for, and worshipped into the bargain! Of more worth is one honest man to society and in the sight of God, than all the crowned ruffians that ever lived."
    —Thomas Paine, Common Sense
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  3. #33  
    Destroyer of Worlds Apocalypse's Avatar
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    May 2008
    Locked in a Dungeon, being tortured and LOVING IT!
    CBO: $10 trillion jump in debt under Obama budget
    By Jeanne Sahadi, senior writerMarch 5, 2010: 6:13 PM ET

    NEW YORK ( -- If President Obama's 2011 budget were put into effect as proposed, the U.S. federal government would add an estimated $9.8 trillion to the country's accrued debt over the next decade, according to a preliminary analysis from the Congressional Budget Office.

    Thats from CNN a liberal source
    Klaatu barada nikto
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