Tag Archives: Congressional Budget Office

The Obamacare Mess

As the provisions of Obamacare kick into gear during Obama’s second term, we can see the consequences playing out:

Wow, the Democrats really screwed up on this one– after disregarding the Constitution and passing Obamacare without reading the bill (since Democrats know what’s best for the American people, who can’t take care of themselves– right?), their constituents are confused about why they’re experiencing  rising costs and higher insurance premiums because of Obamacare.

Update: Democrats trumpeted Obamacare as bringing an end to “discrimination against Americans with pre-existing conditions.”  Well, that didn’t last long!  Just as the provisions of Obamacare are starting to take effect in 2013, we’ve been told that “Tens of thousands of Americans who cannot get health insurance because of preexisting medical problems will be blocked from a program designed to help them because funding is running low. Obama administration officials said Friday that the state-based “high-risk pools” set up under the 2010 health-care law will be closed to new applicants as soon as Saturday and no later than March 2, depending on the state.” This is just more evidence that Obamacare is a dismal failure– it was marketed as a miraculous solution to America’s healthcare problems, but was dependent on non-existent funding.

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Obama gets caught in another lie

Obama, referring to TARP (the financial bailout program), says “We got back every dime we used to rescue the financial system.” 

The Congressional Budget Office– on the SAME DAY that Obama was quoted– used numbers from Obama’s own Office of Management and Budget to conclude that the federal government will actually lose $24 billion.