Remember their lies: first, ObamaCare was going to save a family of four, $2,500 a year on their health care and cut the national debt by nearly a trillion dollars, over the course of the next decade. Then, we learned, just 18 months after Obama signed this moronic piece of legislation, that just the opposite had occurred, it was going to cost the nation more than a trillion and each family of four, more than $2,500 -- a swing of $5,000 per family. Last month, we were told that 7 million Americans will be cut from the program, altogether, because their employers cannot afford the cost and are surrendering to Central Planning, which can't accept them, now, because of a written limitation, in the reform law, itself. And, now, the news of this day.
The article continues: "Senator Jeff Sessions (R., Ala.), who requested the report,
revealed the findings this morning at a Senate Budget Committee
hearing. The report, he said, “confirms everything critics and Republicans
were saying about the faults of this bill,” and “dramatically proves that the
promises made assuring the nation that the largest new entitlement program in
history would not add one dime to the deficit were false.”
Don't think for a minute that this latest report is the final time bomb, on ObamaCare. Count on this thing being more of a sore than the 42 trillion deficit caused by Medicare. Stop voting for the Democrats who have don't know how to add and subtract, or who can't think and write above 9th grade level (Obama).
Update: understand that the 6.2 trillion is the anticipated unfunded liability for this program in the coming 75 years. We only wish that this would be the case . . . . we could actually live with that projection. Sadly, the correct way of looking at this statement is this, the 6.2 trillion is what these financial geniuses are admitting to, just 23 months after the bill's signing in March (27th) of 2010. The law has not been fully written, even to this day, and will not be fully implemented until the end of 2014.
You should know that Medicare is now, an integral part of ObamaCare, and carries a 42 trillion dollar burden as to unfunded liabilites -- accumulated since its inception beginning with 1965, 46 years ago.
Put that in your computer bank: 42 trillion in 46 years years.
Now, ask yourselves, how bad is this going to get? 6 trillion in 2 years is well over 200 trillion, in 75 years - plus Medicare's burden, which will likely double from its current 42 trillion deficit.
Update: understand that the 6.2 trillion is the anticipated unfunded liability for this program in the coming 75 years. We only wish that this would be the case . . . . we could actually live with that projection. Sadly, the correct way of looking at this statement is this, the 6.2 trillion is what these financial geniuses are admitting to, just 23 months after the bill's signing in March (27th) of 2010. The law has not been fully written, even to this day, and will not be fully implemented until the end of 2014.
You should know that Medicare is now, an integral part of ObamaCare, and carries a 42 trillion dollar burden as to unfunded liabilites -- accumulated since its inception beginning with 1965, 46 years ago.
Put that in your computer bank: 42 trillion in 46 years years.
Now, ask yourselves, how bad is this going to get? 6 trillion in 2 years is well over 200 trillion, in 75 years - plus Medicare's burden, which will likely double from its current 42 trillion deficit.
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