Best case scenario

at least if one is dealing with reality rather than hope, is that Obamacare increases the deficit dramatically:

President Obama’s landmark health-care initiative, long touted as a means to control costs, will actually add more than $340 billion to the nation’s budget woes over the next decade, according to a new study by a Republican member of the board that oversees Medicare financing.The study is set to be released Tuesday by Charles Blahous, a conservative policy analyst whom Obama approved in 2010 as the GOP trustee for Medicare and Social Security. His analysis challenges the conventional wisdom that the health-care law, which calls for an expensive expansion of coverage for the uninsured beginning in 2014, will nonetheless reduce deficits by raising taxes and cutting payments to Medicare providers.

But, but, it’s called the Affordable Care Act.  Yeah and Obama’s campaign theme was Hope and Change.

Tags: Budget Deficit, Health Care

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