Friday, July 10, 2015

CBO Drops Reality Bomb On Republicans: Repealing Obamacare Will Add $353 Billion to the Deficit

By: Sarah Jonesmore from Sarah Jones
Friday, June, 19th, 2015, 2:53 pm
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The Congressional Budget Office released a report Friday that showed America just what deficit hawks who have no healthcare reform plan of their own Republicans really are.
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Republicans want to repeal your healthcare so they can add $353 billion over the next ten years to the deficit. It is projected to add $3 trillion to the deficit in the ten years after that. Yes, $3 trillion.
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The Republican horror show doesn’t end there. Over the next ten years, 24 million people would lose their health insurance. About 19 million people would lose insurance next year alone, according to the CBO.
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“The CBO is projecting that repealing the Affordable Care Act will add more than $350 billion to the deficit in the next ten years, and add a staggering $3 trillion to the deficit in the ten years after that.” Democratic House Leader Nancy Pelosi (D-CA) said in a statement. “Even under Republicans’ highly controversial ‘dynamic’ scoring math, the CBO finds that repeal will explode the deficit by more than $100 billion – not counting the increased health care costs from erasing the Affordable Care Act’s emphasis on prevention.”
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http://www.politicususa.com/2015/06/19/cbo-finds-republican-plan-repealing-obamacare-add-353-billion-deficit.html

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