April 13, 2012
thenewrepublic: What impact will Obamacare have on the deficit? “Critics of the Affordable Care Act keep insisting that the law will increase the deficit. But the best evidence we have, from the most trusted authorities we have, suggests that those critics are wrong – and that the law, if anything, will reduce the deficit. I know that many people find that difficult to believe. But, really, it’s neither complicated nor far-fetched. The law spends a lot of money, in order to make Medicaid available to more people and to provide subsidies for lower- and middle-income Americans buying private insurance. But it also finds a lot of money to pay for those new expenditures—mainly by raising some taxes, mostly on very wealthy people, and then reducing the cost of Medicare, mostly through cuts designed to eliminate corporate welfare or foster more efficient treatment.” - Jonathan Cohn, Today in Hackery: The Latest Attack on Obamacare Photo courtesy of Foreign Policy

thenewrepublic:

What impact will Obamacare have on the deficit?

“Critics of the Affordable Care Act keep insisting that the law will increase the deficit. But the best evidence we have, from the most trusted authorities we have, suggests that those critics are wrong – and that the law, if anything, will reduce the deficit.

I know that many people find that difficult to believe. But, really, it’s neither complicated nor far-fetched. The law spends a lot of money, in order to make Medicaid available to more people and to provide subsidies for lower- and middle-income Americans buying private insurance. But it also finds a lot of money to pay for those new expenditures—mainly by raising some taxes, mostly on very wealthy people, and then reducing the cost of Medicare, mostly through cuts designed to eliminate corporate welfare or foster more efficient treatment.”

- Jonathan Cohn, Today in Hackery: The Latest Attack on Obamacare

Photo courtesy of Foreign Policy

(via stfuconservatives)

4:02pm  |   URL: http://tmblr.co/ZkUqIxJaZxMx
(View comments) 
(Notes: 163)
  
Filed under: politics health care 
  1. justaphotograph reblogged this from moyaofthemist
  2. moyaofthemist reblogged this from justaphotograph
  3. afractalparticle reblogged this from stfuconservatives
  4. mydaywithd reblogged this from reagan-was-a-horrible-president
  5. conversationswithoutwords reblogged this from muchtoocynical
  6. muchtoocynical reblogged this from reagan-was-a-horrible-president
  7. charminultrafresh reblogged this from reagan-was-a-horrible-president
  8. reagan-was-a-horrible-president reblogged this from truth-has-a-liberal-bias
  9. judgmentalowl reblogged this from truth-has-a-liberal-bias
  10. motifa reblogged this from fuckyeahliberalatheists
  11. fuckyeahliberalatheists reblogged this from truth-has-a-liberal-bias
  12. vgmgc reblogged this from truth-has-a-liberal-bias
  13. activismisawar reblogged this from truth-has-a-liberal-bias
  14. chibi-cas reblogged this from truth-has-a-liberal-bias
  15. truth-has-a-liberal-bias reblogged this from stfuconservatives
  16. bebrilliantgo reblogged this from stfuconservatives
  17. humboldtoctober reblogged this from stfuconservatives
  18. teaspoon-of-salt reblogged this from stfuconservatives
  19. mattmeetstheinternet reblogged this from stfuconservatives and added:
    What impact will Obamacare have on the deficit? “Critics of the Affordable Care Act keep insisting that the law will...
  20. yeahwhateverdude reblogged this from stfuconservatives
  21. gilmoure reblogged this from moorewr
  22. wanderlustinfection reblogged this from stfuconservatives and added:
    Also lol at the face that guy who is not the president is making
  23. dresdendollface reblogged this from stfuconservatives
  24. musingsuncensored reblogged this from stfuconservatives and added:
    Health.
  25. koallie reblogged this from stfuconservatives
  26. srizzzzler reblogged this from stfuconservatives and added:
    And see that’s why republicans are mad. For the most part they are the richest people. They are the corporation ceo’s...
  27. themoosejthm reblogged this from stfuconservatives
Blog comments powered by Disqus