Thursday, December 02, 2010

Well knock me over with a feather

Hot Air: "Deficit commission: Obamacare savings are a myth"
Remember how Democrats boasted that health reform would cut the budget deficit by $170 billion over the next decade and far more after that? The deficit commission must not have gotten that memo. It says health spending projections under the new law “count on large phantom savings” and the reform law’s new long-term care program that the report calls “unsustainable.”
If I remember correctly, some of funding for the health care bill depended on allowing the automatic Medicare cuts to occur - cuts that nobody believed would happen. And they didn't.

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