If you’re like most of the country, you probably didn’t see all 6 hours of Obama’s infomercial on Obamacare.
You probably also missed Representative Paul Ryan from Wisconsin expose the not-so-well-hidden true costs of Obamacare. Here are the key points.
• “This bill does not control costs (or) reduce deficits. Instead, (it) adds a new health care entitlement when we have no idea how to pay for the entitlements we already have.”
• “The bill has 10 years of tax increases, about half a trillion dollars, with 10 years of Medicare cuts, about half a trillion dollars, to pay for six years of spending. The true 10-year cost (is) $2.3 trillion.”
• “The bill takes $52 billion in higher Social Security tax revenues and counts them as offsets. But that’s really reserved for Social Security. So either we’re double-counting them or we don’t intend on paying those Social Security benefits.”
• “The bill treats Medicare like a piggy bank, (raiding) half a trillion dollars not to shore up Medicare solvency, but to spend on this new government program.”
• “The chief actuary of Medicare (says) as much as 20% of Medicare providers will either go out of business or have to stop seeing Medicare beneficiaries.”
And here’s the video clip:
Obama’s response: “There are some strong disagreements on the numbers here, Paul, but I don’t want to get too bogged down.”
Sure, Mr. President, let’s not get into the numbers. After all, why let national solvency and American freedom get in the way of progress?
Tags: debt, deceit and politics, Healthcare, obamacare, propaganda, socialism, taxes