Complicating the picture for the Republicans, the Congressional Budget Office (CBO), the neutral scorekeeper of legislative costs, estimated this week that the repeal bill will add $230 billion to federal deficits over the next 10 years, with costs exploding even further in the following decade.
Rep. Louise Slaughter (N.Y.) the top-ranking Democrat on the Rules Committee, went after GOP leaders for allowing no amendments — and scant debate — on their healthcare repeal bill, which is scheduled for a vote on Wednesday.
"It violates all the promises we heard from our Republican friends — no public hearings; no committee consideration; a completely closed process; legislative text that no member has read; four minutes of debate on an important constitutional issue; and on and on," she said. "I hope that this disappointing first effort will not be a pattern for the future."
http://thehill.com/homenews/house/136751-dems-accuse-gop-of-breaking-pledge-at-dizzying-pace-in-first-week
(THE REPEAL BILL IS 2 PAGES LONG. CAN"T THEY READ A TWO PAGE BILL???): http://henrypatrick1736.blogspot.com/2011/01/repeal-obamacare-goes-online.html
AS FAR AS THE DEFICIT INCREASE OF $230 BILLION ON BHOCARE REPEAL : 770 BILLION TAX ELIMINATION - 540 BILLION SPENDING CUTS = 230 BILLION DEFICIT.
WHAT KIND OF DEFICIT MATH IS THIS? VOODOO MATHEMATICS TO ME.
The Congressional Budget Office, in an email to Capitol Hill staffers obtained by the Spectator, has said that repealing the national health care law would reduce net spending by $540 billion in the ten year period from 2012 through 2021. That number represents the cost of the new provisions, minus Medicare cuts. Repealing the bill would also eliminate $770 billion in taxes. It's the tax hikes in the health care law (along with the Medicare cuts) which accounts for the $230 billion in deficit reduction.
http://spectator.org/blog/2011/01/07/breaking-cbo-says-repealing-ob
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