Breaking: CBO Says Repealing ObamaCare Would SAVE 1.4 TRILLION DOLLARS Over 10 Years

If you shift the budget window from the fairytale the Democrats used to the real world..Behold!

By repealing those coverage provisions of PPACA and the Reconciliation Act, over the 2012-2021 period H.R. 2 would yield gross savings of $1,390 billion and net savings (after accounting for the offsets just mentioned) of $1,042 billion.

A trillion here, a trillion there, pretty soon it's real money.

Philip Klein has more in his Twitter feed, scroll around for more include the tax hikes that wouldn't happen if it's repealed

Posted by: DrewM. at 05:58 PM

Comments

1 Honest accounting at last!

Posted by: Have Blue at February 18, 2011 06:00 PM (mV+es)

2 Don't be so hasty. We have to consider this idea, run it through our committees, and then modify it to our needs. After all, votes aren't free.

Posted by: Republican leadership at February 18, 2011 06:00 PM (LH6ir)

3 Wonder if this counts the huge tax increases hidden in that montrosity of a bill?

Posted by: Have Blue at February 18, 2011 06:00 PM (mV+es)

4 You lie!

Posted by: SurferDoc at February 18, 2011 06:01 PM (o3bYL)

5 Posted by: Have Blue at February 18, 2011 06:00 PM (mV+es)

It would have to, wouldn't it? Doesn't the CBO have to consider the whole bill + the assumptions passed to it by Congress?

Any word on the ObamaCare cases moving up to the Supremes? I know they have to go through the circuits, first, but has any of that stuff moved?

Posted by: AllenG (Dedicated Tenther) at February 18, 2011 06:02 PM (8y9MW)

6 I'm sure the media will be all over this! /s

Posted by: Grunt2Jag at February 18, 2011 06:02 PM (Yr6lx)

7 racist!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by: phoenixgirl at February 18, 2011 06:02 PM (Cm66w)

8 So does this mean ACE isn't going to go out tonight to form a third party?

Posted by: nevergiveup at February 18, 2011 06:06 PM (7wmOW)

9 1.4 Trillion, is that all?
My plan will increase those savings by 3000%.

Posted by: Barack Obama Math Geneyus at February 18, 2011 06:07 PM (sHj00)

10 Did I mention that my Uncle played in the CBO with Dr. J?
It's true. It was right after he returned fromthe war he fought to free the hungry Jewsin Austria.

Posted by: Barack Hussein Obama at February 18, 2011 06:09 PM (sHj00)

11 by the way Gov Walker of Wisconsin is on FOX live now

Posted by: nevergiveup at February 18, 2011 06:09 PM (7wmOW)

12 BREAKING: GOP says "Wait. 'Save?' Is that like 'cut?' Fuck that shit. OBAMACARE 4 EVA."

Posted by: oblig.enstein at February 18, 2011 06:13 PM (xvZW9)

13 if we save it that means we can spend it!!!!!!!

Posted by: phoenixgirl at February 18, 2011 06:14 PM (Cm66w)

14 He just told Obama to fuck off

Posted by: nevergiveup at February 18, 2011 06:16 PM (7wmOW)

15 FTA: A trillion here, a trillion there, pretty soon it's real money.

The saying used to be 'a billion here, a billion there....

Looks like stag-flation has finally caught up with Fed. Govt. Spending.

Soooo.... sad! :-(

Posted by: TennDon at February 18, 2011 06:17 PM (o6Yv2)

16 He just told Obama to fuck off

Verbatim, I hope.

Posted by: Waterhouse at February 18, 2011 06:17 PM (OD/X8)

17 He just told Obama to fuck off

He's not very good at that either.

Posted by: Michelle Obama at February 18, 2011 06:19 PM (AZGON)

18 Christie/Walker in 2012

Posted by: beedubya at February 18, 2011 06:20 PM (AnTyA)

19 18Christie/Walker in 2012Posted by: beedubya at February 18, 2011 06:20 PM (AnTyA) Yes, watching Walker on FOX he sounds pretty good.

Posted by: PoconoJoe at February 18, 2011 06:22 PM (lLiff)

20 You called the bill Obamacare. That is a derogatory, hateful term. Please report to OfA reeducation camp tomorrow, 9 AM.

Posted by: Debbie Wassername Schultz at February 18, 2011 06:26 PM (jGXQI)

21 Um, what about Ace's earlier comments on the $700 billion the feds just have laying around????????????????????????????????????????????????????

Cutting spending is so easy!

Posted by: joeindc44 at February 18, 2011 06:26 PM (QxSug)

22 You know what's impressive? Yesterday, this was impressive.

In a 217-209 vote, the House cut $20.6 million in NEA funding. The amendment to the FY 2011 spending bill, from Rep. Tim Walberg (R-Mich.), would leave NEA funding at about $125 million, not the $145 million in the original House bill.

An entire 21 million. Wow. They still get 125 million. Leadership. Top men.

Posted by: George Orwell at February 18, 2011 06:32 PM (AZGON)

23 So, let me get this straight. Are you saying that Obamacare is, was and always will be a giant turd?

Shocking.

Posted by: Bill Mitchell at February 18, 2011 06:33 PM (x3Anv)

24 Why do I feel this will somehow fail to be mentioned on the network news channels.

Posted by: Bill Mitchell at February 18, 2011 06:33 PM (x3Anv)

25 Hah.

Posted by: rdbrewer at February 18, 2011 06:37 PM (gZQBG)

26 An entire 21 million. Wow. They still get 125 million. Leadership. Top men.

Posted by: George Orwell at February 18, 2011 06:32 PM (AZGON)
Fuck. I guess we will have to scale back our purchases of Alinsky's Rules For Radicals this year.Damn wingnuts.

Posted by: NEA at February 18, 2011 06:41 PM (h0RtZ)

27 I'm definitely not a Ron Paul guy. I didn't like him in 2008, and I still think he's somewhat of a kook.

But, in all seriousness - is there any other Republican candidate who will propose ANY significant reductions to the size of the federal government?

Hell, are there any candidates who are even willing to roll back something as brazenly stupid and anti-conservative as No Child Left Behind?

I'm starting to think I might be voting for Paul simply because I'd rather vote for a limited government kook than another GOP establishment statist.

Posted by: stickety at February 18, 2011 06:42 PM (FUDwf)

28 "Fuck. I guess we will have to scale back our purchases of Alinsky's Rules For Radicals this year."Skip the capitalist route of buying it from Amazon. Just steal a copy from your local library.

Posted by: bettycooper at February 18, 2011 06:49 PM (BgqrS)

29 Where's that butt plug Orszag now that this projection is available.

Posted by: Captain Hate at February 18, 2011 06:53 PM (eh+ki)

30 This is precisely why I say Obama is a Champion- our greatest deficit hawk evar!

Posted by: Goatse Krugman at February 18, 2011 06:57 PM (/8mBu)

31 The NEA has heava birtation expenses.

Posted by: Buck O. Phive at February 18, 2011 06:58 PM (HwIdb)

32 CBO Says Repealing ObamaCare Would SAVE 1.4 TRILLION DOLLARS Over 10 Years

Repealing Obama? Ten times that.

Posted by: t-bird at February 18, 2011 07:02 PM (FcR7P)

33 It might cost a few hundred billion to send Barry on a one-way lunar expedition. But it would save trillions in the long run. Short run too.

Posted by: George Orwell at February 18, 2011 07:04 PM (AZGON)

34 The House also voted to completely fund Yucca. Since Dimiuative Douchebag Reid is on a lonely street corner I don't know if he can keep it off the senate floor.

Posted by: dagny at February 18, 2011 07:06 PM (l3g1A)

35 Al Gore just blamed Global Warming on Obama's rhetoric.

Posted by: Impeach Obama at February 18, 2011 07:08 PM (wnfCH)

36 NO MORE NEA FUNDING NO MORE CPB MONEY NO MORE PLANNED PARENTHOOD MONEY NO MORE NO MORE

Posted by: dagny at February 18, 2011 07:08 PM (l3g1A)

37 It might cost a few hundred billion to send Barry on a one-way lunar expedition. But it would save trillions in the long run. Short run too.
Posted by: George Orwell at February 18, 2011 07:04 PM (AZGON)
He is in favor of NASA being an outreach organization for Muslims.
He could plant the ol' crescent and star on the moon and claim it for Muhammed.
Which would beg the question. Which way would you face during the Call to Prayer?

Posted by: ErikW at February 18, 2011 07:10 PM (m2h3b)

38 Well, the House passed 4 amendments stripping implementation of ObamaCare but they honestly won't last. They are going to do the same thing with the FY '12 budget (supposedly) but that won't work. What to do?

Posted by: Miss'80sBaby at February 18, 2011 07:12 PM (yfJ6g)

39 I'm starting to think I might be voting for Paul simply because I'd
rather vote for a limited government kook than another GOP establishment
statist.

I agree 100% with that statement, and it scares the shit out of me.

Posted by: joh at February 18, 2011 07:25 PM (JEvSn)

40 Well no shit Sherlock.

Posted by: Watson at February 18, 2011 07:40 PM (bXBUQ)

41 CBO Says Repealing ObamaCare Would SAVE 1.4 TRILLION DOLLARS Over 10 Years

So?

fuck you, I won.

Now watch this drive.

Posted by: President Fuck You I Won at February 18, 2011 07:40 PM (RkrQu)

42 An entire 21 million. Wow. They still get 125 million. Leadership. Top men.
Posted by: George Orwell at February 18, 2011 06:32 PM (AZGON)

The fact that we are even arguing over $145 million with the NEA when the GOP just fucked us out of getting the $100 billion in cuts everywhere else is sad.
CUT EVERY SINGLE BUDGET FROM EVERY SINGLE AGENCY BY 10%.
That should be the starting point. Just the start.
Then you cut everything from there.
How is this simple concept not grasped by Titty Gnome and the VA troll and the rest of the GOP leadership ??

Posted by: CAC at February 18, 2011 07:49 PM (Gr1V1)

43 fuck you, I won.

I know it's wrong, but I would love to hear Scott Walker say this, since presenting the concept in a friendly, rational manner doesn't seem to be working.

Posted by: HeatherRadish stands with Scott Walker at February 18, 2011 07:49 PM (nAOMZ)

44 The fact that we are even arguing over $145 million with the NEA when
the GOP just fucked us out of getting the $100 billion in cuts
everywhere else is sad.

CUT EVERY SINGLE BUDGET FROM EVERY SINGLE AGENCY BY 10%.

Hell, just cut the NEA (both of them). "Oh, you don't like our opening offer? Here's our counter offer. Nothing. Hold a bake organic produce sale."

Posted by: HeatherRadish stands with Scott Walker at February 18, 2011 07:50 PM (nAOMZ)

45 The Democrat party is just one huge Ponzi scheme.

Posted by: Lemon Kitten at February 18, 2011 07:54 PM (0fzsA)

46 Goofball Bernie Sanders has an online poll that needs some moron votes!

http://sanders.senate.gov/polls/index.cfm

Posted by: PJ at February 18, 2011 08:00 PM (QdxaI)

47 No Heather, take it further.
The NEA wants to keep chugging?
Instead of the freebies it has tossed out in the last 20 years- all the artists it propped up- their work still in federal museum posession now goes on the auction bloc, whether the artist wants it to or not.
It turns a profit (which it could), the money goes directly into paying down the debt, or it gets shut down.
Every excess agency like this operates on that or closes shop.

We actually tried to turn NEA into a revenue-positive agency back in the 1980s- the Democratic Congress said it "flew in the face of tradition".
Crucifixes in pee of course being the face of that tradition.

Posted by: CAC at February 18, 2011 08:00 PM (Gr1V1)

48 Elections have consequences.

Posted by: Zombie Caligula at February 18, 2011 08:02 PM (1ilyW)

49 I'm all for sending the President to the moon. In the interest of costs however, we should probably forego the space suit. Maybe even the ship if we can figure out how to shoot him out of a cannon...

Posted by: Abiss at February 18, 2011 08:03 PM (1ilyW)

50 You know how I used to say it's Because They Lie About Everything?

Now I might say something like WHAT A LYING BUNCH OF CONSTANT BABY-RAPING COCKBITES!

What do you think, better or worse?

Posted by: Merovign, Bond Villain at February 18, 2011 08:06 PM (bxiXv)

51 It says billion.

Posted by: seguin at February 18, 2011 08:27 PM (y0Y96)

52 oops, misread it. my bad.

Posted by: seguin at February 18, 2011 08:27 PM (y0Y96)

53 I hope the CBO folks have food tasters.

Posted by: Y-not at February 18, 2011 08:34 PM (pW2o8)

54 I hope the CBO folks have food tasters.
Posted by: Y-not at February 18, 2011 08:34 PM (pW2o

Do you know something that might be of interest to us?

Posted by: Secret Service at February 18, 2011 08:49 PM (m2h3b)

55 Meanwhile Reuters says: "Repealing healthcare law would cost $210 bln: CBO"

When asked for comment, market analyst Jacobim Mugatu said only: "I feel like I'm taking crazy pills."

Posted by: The Chap in the Deerstalker Cap at February 18, 2011 08:51 PM (wb/re)

56 Stripping the subsidies would save this amount. Repealing the whole bill will still cost money.

Posted by: Jim at February 18, 2011 08:53 PM (uvQLB)

57 I'm all for sending the President to the moon. In the interest of costs however, we should probably forego the space suit return trip.
FIFY.

Posted by: Mayday at February 18, 2011 08:57 PM (TRgli)

58 This is why I've been stressing that the first, and most important, "entitlement" to cut is Medicaid and the only way to cut Medicaid is to repeal ObamaCare.

This must be the GOP's main thrust. It is impossible to have any "entitlement" cuts be serious without getting rid of ObamaCare and stopping the insane expansion of federal AND state Medicaid - which will kill us, no matter what other cuts are made.

Posted by: iknowtheleft at February 18, 2011 09:06 PM (N49h9)

59 56 Stripping the subsidies would save this amount. Repealing the whole bill will still cost money. Posted by: Jim at February 18, 2011 08:53 PM (uvQLB)
You missed the double-counting Medicare part, didn't you?

Posted by: Merovign, Bond Villain at February 18, 2011 10:04 PM (bxiXv)

60 CBO TO THE 52%
Can we interest you in vaction properties?

Posted by: some dope at February 18, 2011 10:20 PM (BZEkR)

61 You lucky bastards, Media Matters is linking to this thread!

Posted by: Dave at February 18, 2011 11:27 PM (vsGmO)

62 If only there were a fooking link where we could see this and send it to our liberal Fuuucceeerrriends.
I might pay to see it at NRO's site, but they sure as hell wont.
If this is solid, then conservatives should be shouting it from roof tops, running TV ads, and putting it on every empty road side billboard.

Posted by: TSgt Ciz at February 18, 2011 11:36 PM (af5xa)

63 Even if these numbers are exaggerated, it shows people how the FBI can be "rigged". At least to any voter with critical . Not reaching out to any of Tue Democrat base here, obviously.

Posted by: westtown at February 19, 2011 02:15 AM (kZi/t)

64 Critical reasoning

Posted by: westtown at February 19, 2011 02:16 AM (kZi/t)

65 FBI=cbo. Ducking spellcheck. Or.maybe I'm.drunk.

Posted by: westtown at February 19, 2011 02:17 AM (kZi/t)

66 Click on the NRO link and you get:

Access Denied

We're sorry, but you don't have access to this page.

Posted by: Jeff at February 19, 2011 09:39 AM (Oaz+r)

67 Surprise!! Who woulda thunk it? How could anybody have foreseen this? Dare I say - unprecedented!

Posted by: Penultimatum at February 19, 2011 10:37 AM (98agg)

68 This reduces the deficit. Reconciliation?

Posted by: Teleprompter at February 19, 2011 11:21 PM (N1rsK)

69 Here's a thought. How about we de-fund the congressional bipolar office (cbo).

They have more flip flops than the entire eastern seaboard in the heart of the summer.

Sounds like a plan that could save an extra 20 trillion or so.

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