CBO reports on ObamaCare

[Luddly Neddite]

There are multiple CBO Reports that show Obamacare save billions:

1. Boeher should know full well that Obamacare saves billions, because Boenher himself asked asked the CBO to evaluate the effects of Repealing Obamacare. This is what they said:

A. cause a $210 billion INCREASE in deficits between 2012 and 2021.

B. cause a $700 billion INCREASE in deficits between 2022 and 2032.

C. Cause 33 million people to lose their health insurance.

D Cause the percentage of people with health insurance to drop from 95% to 82%.

E. increase Medicare and Medicaid spending by $732 billion between 2012 and 2021.

http://www.cbo.gov/ftpdocs/120xx/doc12069/hr2.pdf

2. Even the Conservative "Business Round Table" says HRC will save businesses $9,000 per employee and will reduce future costs by 15% to 20%.

http://www.businessroundtable.org/s...Sustainable Health Care Marketplace_Final.pdf

3. The Medicare Trustees say HRC will save $120-Billion Over 5 years and $280 billion over 10.

http://www.cms.gov/apps/files/medicare-savings-report.pdf

4. A different CBO Report shows, Obamacare saves even more:

"Those amounts do not encompass all of the budgetary impacts of the ACA because that legislation has many other provisions, including some that will cause significant reductions in Medicare spending and others that will generate added tax revenues, relative to what would have occurred under prior law. CBO and JCT have previously estimated that the ACA will, on net, reduce budget deficits over the 2012–2021 period."

http://www.cbo.gov/sites/default/files/cbofiles/attachments/03-13-Coverage Estimates.pdf

Jonathan Cohn: No, Obamacare?s Cost Didn?t Just Double. Sigh. | New Republic

 

[Stephanie]

lol, saves billions...

 

[martybegan]

There are multiple CBO Reports that show Obamacare save billions:

1. Boeher should know full well that Obamacare saves billions, because Boenher himself asked asked the CBO to evaluate the effects of Repealing Obamacare. This is what they said:

A. cause a $210 billion INCREASE in deficits between 2012 and 2021.

B. cause a $700 billion INCREASE in deficits between 2022 and 2032.

C. Cause 33 million people to lose their health insurance.

D Cause the percentage of people with health insurance to drop from 95% to 82%.

E. increase Medicare and Medicaid spending by $732 billion between 2012 and 2021.

http://www.cbo.gov/ftpdocs/120xx/doc12069/hr2.pdf

2. Even the Conservative "Business Round Table" says HRC will save businesses $9,000 per employee and will reduce future costs by 15% to 20%.

http://www.businessroundtable.org/s...Sustainable Health Care Marketplace_Final.pdf

3. The Medicare Trustees say HRC will save $120-Billion Over 5 years and $280 billion over 10.

http://www.cms.gov/apps/files/medicare-savings-report.pdf

4. A different CBO Report shows, Obamacare saves even more:

"Those amounts do not encompass all of the budgetary impacts of the ACA because that legislation has many other provisions, including some that will cause significant reductions in Medicare spending and others that will generate added tax revenues, relative to what would have occurred under prior law. CBO and JCT have previously estimated that the ACA will, on net, reduce budget deficits over the 2012–2021 period."

http://www.cbo.gov/sites/default/files/cbofiles/attachments/03-13-Coverage Estimates.pdf

Jonathan Cohn: No, Obamacare?s Cost Didn?t Just Double. Sigh. | New Republic

The CBO is a calculator, nothing more. If you put crap numbers in with crap assumptions, you get crap numbers out.

 

[Stephanie]

ObamaTaxNoCare pushers don't care how much they DECEIVE people...

that is how low they are and will go

 

[Oldstyle]

There are multiple CBO Reports that show Obamacare save billions:

1. Boeher should know full well that Obamacare saves billions, because Boenher himself asked asked the CBO to evaluate the effects of Repealing Obamacare. This is what they said:

A. cause a $210 billion INCREASE in deficits between 2012 and 2021.

B. cause a $700 billion INCREASE in deficits between 2022 and 2032.

C. Cause 33 million people to lose their health insurance.

D Cause the percentage of people with health insurance to drop from 95% to 82%.

E. increase Medicare and Medicaid spending by $732 billion between 2012 and 2021.

http://www.cbo.gov/ftpdocs/120xx/doc12069/hr2.pdf

2. Even the Conservative "Business Round Table" says HRC will save businesses $9,000 per employee and will reduce future costs by 15% to 20%.

http://www.businessroundtable.org/s...Sustainable Health Care Marketplace_Final.pdf

3. The Medicare Trustees say HRC will save $120-Billion Over 5 years and $280 billion over 10.

http://www.cms.gov/apps/files/medicare-savings-report.pdf

4. A different CBO Report shows, Obamacare saves even more:

"Those amounts do not encompass all of the budgetary impacts of the ACA because that legislation has many other provisions, including some that will cause significant reductions in Medicare spending and others that will generate added tax revenues, relative to what would have occurred under prior law. CBO and JCT have previously estimated that the ACA will, on net, reduce budget deficits over the 2012–2021 period."

http://www.cbo.gov/sites/default/files/cbofiles/attachments/03-13-Coverage Estimates.pdf

Jonathan Cohn: No, Obamacare?s Cost Didn?t Just Double. Sigh. | New Republic

Be advised, Luddly...the further you walk yourself out on this limb...the more embarrassing it's going to be for you when ObamaCare's REAL costs become apparent. The people that you devotedly support lied to you and the rest of America when they came up with their numbers for ObamaCare. They deliberately structured the program so that the true costs would be hidden, doing a ten year analysis that has the first three years taking money in without putting out services. The cost for this thing is going to be STAGGERING. The only way it's going to work going forward is to either raise taxes or to cut back on health care services covered. I'm not going to invoke the "death panel" nonsense but common sense tells you that governmental panels WILL be sitting down to decide who gets what services and who does not. There will be rationing of care because there simply isn't enough money in the system to pay for what would be needed. Not even CLOSE to enough.

 

[boedicca]

The OP is making the assumption that ObamaCare will be implemented according to the assumptions provided by the CBO for scoring.

It hasn't been, and it won't be. There are tons of waivers, and some of the programs are being dropped (CLASS Act, and now possibly the Medical Device Tax).

But the big reason ObamaCare will fail is that the young people who don't need cadillac plan insurance are not going to be tricked by former ACORN Operatives Reborn As ObamaCare Navigators into paying high premiums when they can just sign up for care at the last minute in the event they have an emergency.

 

[Oldstyle]

The OP is making the assumption that ObamaCare will be implemented according to the assumptions provided by the CBO for scoring.

It hasn't been, and it won't be. There are tons of waivers, and some of the programs are being dropped (CLASS Act, and now possibly the Medical Device Tax).

But the big reason ObamaCare will fail is that the young people who don't need cadillac plan insurance are not going to be tricked by former ACORN Operatives Reborn As ObamaCare Navigators into paying high premiums when they can just sign up for care at the last minute in the event they have an emergency.

There are a lot of young Obama "devotees" that are going to shit themselves when they realize how much they are going to be expected to pay for health insurance to cover the costs of people that couldn't get coverage before.

 

[Stephanie]

The OP is making the assumption that ObamaCare will be implemented according to the assumptions provided by the CBO for scoring.

It hasn't been, and it won't be. There are tons of waivers, and some of the programs are being dropped (CLASS Act, and now possibly the Medical Device Tax).

But the big reason ObamaCare will fail is that the young people who don't need cadillac plan insurance are not going to be tricked by former ACORN Operatives Reborn As ObamaCare Navigators into paying high premiums when they can just sign up for care at the last minute in the event they have an emergency.

There are a lot of young Obama "devotees" that are going to shit themselves when they realize how much they are going to be expected to pay for health insurance to cover the costs of people that couldn't get coverage before.

yes they are...and then realize they voted to make themselves Obama's slaves..
I doubt the words they have for him will be pretty, but you couldn't tell them..Now we are ALL going to pay for this monster government program we couldn't AFFORD to being with

 

[Antares]

Too funny, the CBO can only use the numbers supplied to it BY the adminstration.

Dudley you just aren't very bright.

 

[Harry Dresden]

Too funny, the CBO can only use the numbers supplied to it BY the adminstration.

Dudley you just aren't very bright.

and he probably will not field any questions about stuff HE brought up in HIS thread....