Tuesday, May 11, 2010

Obama Care Likely to Cost MORE Than Originally Estimated

This according to Politico: http://www.politico.com/news/stories/0510/37081.html


All I can say is: Duh!


And this is, of course, just the first ten years. The Obama administration argues that Obama’s declared discretionary spending freeze will keep that extra 115 billion dollar potential discretionary spending in check – based on the promise of a veto. And we should believe a promise from Obama because???????


I personally love this line from the CBO: "The Affordable Care Act will reduce the deficit by more than $100 billion in the first decade, and that will not change unless Congress acts to change it," said Kenneth Baer, an OMB spokesman. "If these authorizations are funded, they must be offset somewhere else in the discretionary budget. The president has called for a non-security discretionary spending freeze, and he will enforce that with his veto pen."

That’s right folks. Congress won’t spend the extra money unless Congress decides to spend it, and even if they do, the President will veto that additional spending, even though that additional “discretionary” spending is already called for in the bill that the President signed.


In a related story, I drew an extra $50 in discretionary spending funds from the bank today that I am absolutely not going to spend, unless I decide to spend it, but even if I decide to spend it, my wife might forbid me to spend it, unless I am spending it on something she wants to buy, but that’s ok, because even if I spend that $50 on one thing, I won’t be able to spend it on another, so in no case will I ever actually spend $50 more than I plan to spend.


They must think we’re stupid. Then again, we did vote for this guy. (Well, at least I didn’t).