The truth about Obamacare was well known in advance of this report.
The massive amount of debt already accumulated is so massive, that the thought of extra 6.2 trillion of debt on top of what the country has hanging over its head, is just too staggering to contemplate. Obama and the Democrats, as well as those Republican governors that are preparing to go along with it for their states…..deserve to be in orange jump suits.
NOTE: I have warned close relatives, I have blogged about it repeatedly at the TT, and will continue to rail against it in the future. Obamacare is a FREAKING NIGHTMARE and his administration is spending the country into oblivion.
GAO Report: Obamacare Adds $6.2 Trillion to Long-Term Deficit
Obamacare will increase the long-term federal deficit by $6.2 trillion, according to a Government Accountability Office (GAO) report released today.
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.”
President Obama and other Democrats attempted to win support for the health-care bill by touting it as a fiscally responsible enterprise. “I will not sign a plan that adds one dime to our deficits — either now or in the future,” Obama told a joint-session of Congress in September 2009. “I will not sign it if it adds one dime to the deficit, now or in the future, period.”
The new report exposes the “lack of honesty” surrounding such claims, Sessions argued. “The big-government crowd in Washington manipulated the numbers in order to get the financial score they wanted, in order to get their bill passed and to increase power and influence,” he said. “The goal was not truth or financial responsibility, but to pass the bill. This is how a country goes broke.”