The Daily Guide - Waynesville, MO
Repeal of Obamacare would add to the deficit, not reduce it
email print
By Pat Cunningham
Sept. 26, 2013 5:20 p.m.

red arrow background
THIS is from the fact-checkers at CNN:


Repealing Obamacare will add to the deficit.

President Barack Obama at the Clinton Global Initiative, September 24, said: “It is a net reduction of our deficit…if they repealed the law it would add to the deficit.”

In May, 2013 the Congressional Budget Office wrote House Budget Committee Chairman Paul Ryan, R-Wis, stating, that it and the Joint Committee on Taxation “most recently estimated the budgetary impact of repealing the [Affordable Care Act] in July 2012. In a letter to Speaker Boehner (sent on July 24, 2012), CBO described the direct spending ...
Read more

Recent Posts
    Terms of Service

    latest blogs

    • Community
    • National