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FBN’s Gerri Willis on the impact of the health-care law’s costs on the government’s deficit.
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-- not sign a plan that adds one dime -- -- deficits either now.
Not so fast Mr.
President because in new analysis of what you consider your signature achievement.
Should still be -- a lot to the deficit in fact a whole lot some 340 billion dollars or roughly more than half of what we spend on defense in this country every year.
The study by Charles Blair house will probably be discounted by Democrats because.
The author is a conservative policy analyst on the other hand he was also the president's pick to serve as GOP trustee for Medicare and Social Security.
And his job makes sure those programs are solvent.
All along the administration is maintain the expansion of coverage for the 32 million uninsured Americans.
Could be paid for by raising taxes and cutting payments to Medicare providers but -- -- shows the White House is double counting some of its savings.
Much of the money generated by obamacare taxes and cutting programs will go to the Medicare hospitalization.
Trust fund.
And under a lot the money has to be used to pay years of additional benefits to those who are already uninsured.
According to the Washington Post that means you couldn't use the savings to pay for benefits for the uninsured.
Look at it this way.
When Obama care passed barely supporters made a big deal of the fact it provided Medicare with some 575.
Billion dollars in savings.
Which is enough to automatically extend the life of the trust fund through 22 -- -- nine.
Those savings though we're supposed to offset the dramatic expansion of Medicaid under the lie as well as subsidized -- -- for uninsured people to buy coverage.
Again from the Washington Post hence the double counting.
And oh by the way Blair house also included the lots of 86 billion from deep six in the class act.
Part of obamacare which even the administration had the declare unworkable.
Are you surprised.
I'm not I've been saying for sometime that Obama care is an entitlement we can't afford.
Look we can't even afford the entitlements we have already and now we know one of them is being bankrupted by Obama care.
Not gonna raise the deficit by a -- Another -- Mr.
President.
