Obamacare will cost 20% less than initial projections, CBO says

http://www.bloomberg.com/politics/articles/2015-01-27/obamacare-will-cost-20-less-than-initial-projections-cbo-says

Are you trying to stir-up trouble, Boards?

Poster Karl Rove and semi-retarded poster Markle are going to be in a frenzy trying to respond to this news story.....

Lies

From the article...

The fate of President Obama's signature healthcare law may turn on a forthcoming ruling by the U.S. Supreme Court, but a new report by the Congressional Budget Office finds that, if left untouched, the Affordable Care Act is poised to become even more so.

Obamacare, as it is commonly known, will cost 20 percent less than previously projected over the next decade, the CBO said Monday. The reason for the revised estimate is a result of a decline of healthcare inflation, the Los Angeles Times reported. In addition, the number of uninsured Americans has fallen by 12 million, the CBO estimates, and an additional 12 million are expected to gain insurance by the end of 2016.

Through 2019, the law's insurance provisions will cost an estimated $571 billion, down $139 billion from the CBO's initial estimates.

What a bargain! $571 billion over 10 years, and the result will be an additional 22 million americans with insurance coverage.

Compare that to the trillion or more that republicans had us spend over a comparable time period in order to accomplish absolutely nothing in the middle east.

Crickets.

It actually is going to be better than that.....when health care rates of inflation are factored in and the slowing of the same since ACA, you will see some analysts talking about this actually saving taxpayer dollars, and not costing 57 billion a year......it will probably be half again the 57 billion.

Now compare those 22 million Americans getting health coverage to a handful of too big to fail banks which are getting 85 billion a year of subsidy in the form of loan guarantees. Eliminate 90% of the loan guarantees and pay for close to 50 million Americans who need insurance. This is becoming such a monster success that they are not even trying to attack it substantively in Congress, because the lies will not hold up with CBO, so we have Mr. Markle and other Koch brother propagandist creating pure fiction out of thin air. I wanted Medicare for all, but the numbers are astounding at this point, and the transition will only get easier with the health care inflation further being reduced.

More tortured math... lol. Any of y'all want to buy a corner lot on circle drive?