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Obamacare's bundle of budget gimmicks

Created on September 27, 2010

Obamacare's bundle of budget gimmicks

Headline:

Obamacare’s bundle of budget gimmicks

Intro:

... but after accounting for these budget gimmicks, the new law actually adds to the deficit. Proponents of the health care law say it will reduce the budget deficit from 2010 to 2019 by $124 billion...

Sources: Senate Budget Committee, Congressional Budget Office.

Other text:

+$529

billion +$283

billion +$115

billion +$70

billion +$29

billion –$124

billion Double-counted

savings from

Social Securitypayroll taxes Double-counted savings fromCLASS Program Discretionary spending Unpaid-for “Doc Fix” Double-counted Medicarecuts Obamacare in Pictures heritage.org