(Reuters) - President Barack Obama's healthcare law could sharply exceed its cost-savings targets and add up to $530 billion to the federal budget deficit, a leading authority on U.S. government benefit programs said on Tuesday.
A study by Charles Blahous, a George Mason University research fellow and the Republican trustee for the Medicare and Social Security entitlement programs for the elderly, challenges the administration's contention that the 2010 law would better keep healthcare costs in line.
Known as the "Affordable Care Act," or "Obamacare," the measure to expand health insurance for millions of Americans is considered Obama's signature domestic policy achievement.
obama couldn't run an ice cream stand and make a profit, yet people believed all the lies he told about how much America would "save" with obamacare. He adds and subtracts worse than a 2 year old and has no ability to budget, plan or accurately assess the results of any of his plans --- that would require some prior experience in doing that and we all know he has none. He told his advisors what he wanted the American people to hear and think and they put it on a telepromter and he read it. Thats the best he's got. And sooner or later, the truth MUST come out. Thats why Homeland Security bought 450 MILLION rounds of hollow points, (which is more ammo than some COUNTRIES possess). There will soon come a point where he's gonna have to tell even the welfare queens that they ain't getting another check (there is NO MORE MONEY). And the shooting will begin....
ReplyDeletewe have been buying and stocking survival food for a couple of years now and even that is running short from time to time because the government is buying in very large quantities. doesn't look good anyway you slice it.
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