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CBO: ObamaCare Offers
Biggest Pot Of Deficit Cuts
Investor´s Business Daily, by John Merline
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Original Article
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Posted By:RustMB, 11/16/2012 6:38:44 AM
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| A Congressional Budget Office report on ways to reduce the deficit, released last week to help guide budget negotiators in the upcoming "grand bargain" talks, contains one eye-opening item. It turns out that the single biggest pot of potential deficit savings available to lawmakers is ... ObamaCare. In its list of "options to reduce mandatory spending" and cut the deficit, the CBO says that repealing ObamaCare´s massive insurance subsidies would cut federal spending by $150 billion in 2020 alone.
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Reply 1 - Posted by:
ruready?, 11/16/2012 6:53:09 AM (No. 9017740)
Let the governor´s take care of Obamacare. Make Obama cut entitlements.
My greatest fear is that Obama´s endgame is to weaken our military. He wants to destroy Israel and needs our military out of the way. This is why 1) he has deposed middle-east dictators to create a caliphate that is of one mind that can act in unison against Israel 2) he opposes drilling in the US - the middle east needs our money to keep up the terrorism.
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Reply 2 - Posted by:
Keekng, 11/16/2012 6:57:26 AM (No. 9017745)
Gotta love it when 0bamas sycophants talk about savings 8 years out.
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Reply 3 - Posted by:
Spidey, 11/16/2012 7:02:39 AM (No. 9017757)
You don´t need CBO geniuses to figure out cutting Obamacare would save billions.Wish I could make the money these people make figuring out something this obvious.
The original estimates on Obamacare were way off the reservation to begin. They only calculated what it would cost the government,not people. Note Denny´s 5% surtax for Obamcare. that´s costing people money not the government and it´s only a start.
When you composite everything,including higher consumer prices and job losses,this monstrosity will cost a trillion a year in different forms.You can´t even comprehend the domino effect. Suppose a person´s premiums skyrocket,that´s less spending money on everything else.Disposable income will be a thing of the past unless your in an Obama fair haired boy group.Union members who can afford it the most are excluded.How about a drug dealer raking in $10,000 a week. No above board income to tax or fine.
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Reply 4 - Posted by:
uno, 11/16/2012 7:05:30 AM (No. 9017760)
Obamacare: The single biggest lead weight around the neck of our country...ever...by design...rat-i-fied by dumbed-down, barely aware, vacuous, self-absorbed, cellphone-bribed, lazy, deadbeat, door knobs that can´t handle a sound bite over 10 seconds in length and white guilt-ridden, Birkenstock-wearing, bottled-water-drinking, Politically Correct, celebrity-obsessed, Liberal Lemmings determined to drag our nation down to the level of a rat-infested government housing project!
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Reply 5 - Posted by:
Keekng, 11/16/2012 7:14:18 AM (No. 9017775)
Please strike reply #2, I misread (ignored) the article becase I thought it was pro-obamacare.
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Reply 6 - Posted by:
IGWTrust, 11/16/2012 8:09:15 AM (No. 9017887)
Might be easier to repeal all or most of bill than to implement it. Or just prove soetoro is an impostor and negate all he did.
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Reply 7 - Posted by:
mickturn, 11/16/2012 9:02:24 AM (No. 9018009)
OH NO, we can´t cut off all the money we intend to give our Cronies!!!!!
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Below, you will find ...
Most Recent Articles posted by "RustMB"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "RustMB"
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Disability Ranks Continue to
Surge Under Obama
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Investor´s Business Daily, by John Merline
Original Article
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Posted By: RustMB- 4/5/2013 11:22:24 AM
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Almost as many people signed up with the federal government´s permanent worker disability program as got jobs in March, according to two sets of government data, continuing a troubling trend throughout the Obama recovery. Last month, 81,804 workers left the workforce to join the Social Security Disability Insurance program. So far this year, nearly a quarter million workers have joined the program. Over the past four years, 4 million left the workforce to go on disability.
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A Slick Marketing Campaign
Won´t Save ObamaCare
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Investor´s Business Daily, by Editorial
Original Article
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Posted By: RustMB- 4/4/2013 9:22:03 AM
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Uninsured: The White House recently released details about how it plans to market ObamaCare to the uninsured. What it reveals is that most of them don´t want what the administration is trying to force them to buy. In a series of slides posted on the Health and Human Services´ website, the administration explains how it plans to market ObamaCare to the uninsured. Let´s leave aside for a minute the oddity of this effort. Its backers have endlessly touted ObamaCare as a miracle of modern government that will at long last bring insurance within reach of 48 million people
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Americans Are Migrating To
More Free Republican States
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Investor´s Business Daily, by John Merline
Original Article
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Posted By: RustMB- 3/28/2013 8:28:19 AM
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Americans are migrating from less-free liberal states to more-free conservative states, where they are doing better economically, according to a new study published Thursday by the George Washington University´s Mercatus Center. The "Freedom in the 50 States" study measured economic and personal freedom using a wide range of criteria, including tax rates, government spending and debt, regulatory burdens, and state laws covering land use, union organizing, gun control, education choice and more.
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ObamaCare Turns Three:
10 Disturbing Facts
Americans Have Learned
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Investor´s Business Daily, by John Merline
Original Article
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Posted By: RustMB- 3/22/2013 7:52:08 AM
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Just over three years ago, then-Speaker Nancy Pelosi famously quipped about ObamaCare that "we have to pass the bill so you can find out what is in it." But only now, as ObamaCare´s third anniversary approaches — President Obama signed it into law on March 23, 2010 — is the country starting to find out what the sweeping health care overhaul will actually do. ObamaCare backers typically tout popular features that went into effect almost immediately. The law expanded Medicare´s drug coverage, for example, and let children stay on their parents´ plans until they turned 26. But the bulk
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Food Stamp Nation: R.I. Town
Shows Leftism´s Dead End
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Investor´s Business Daily, by Editorial
Original Article
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Posted By: RustMB- 3/21/2013 8:14:07 AM
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Food Stamp Nation: A little town in Rhode Island shows where liberalism and all its talk of economic "security" ultimately leads — a stale economy and suffocating dependence on big government. In a surprisingly candid and lengthy expose, the Washington Post described how Woonsocket, an economically depressed town in Rhode Island, has been turned upside down by food stamps. With a third of the town enrolled, food stamps have created a huge boom-and-bust economy in Woonsocket
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Democrats Use Budget Gimmicks
To Hide Spending
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Investor´s Business Daily, by John Merline
Original Article
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Posted By: RustMB- 3/15/2013 8:33:32 AM
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In their first budget in four years, Senate Democrats claim to have crafted a plan that cuts federal spending a total of $975 billion over the next decade. "This budget cuts spending responsibly," said Senate Budget Chairman Patty Murray, D-Wash., this week. "There are no sacred cows; we put everything we can on the table." But an IBD review of the budget data shows that the Senate vastly overstates the size of its spending cuts. In fact, it could be that the Senate would, if enacted, increase federal spending by hundreds of billions of dollars.
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Obama´s Sequester Math:
$300 Billion In New Revenues
Called ´Spending Cuts´
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Investor´s Business Daily, by IBD Staff
Original Article
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Posted By: RustMB- 3/1/2013 7:16:20 AM
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Budget: When President Obama put out his "balanced" plan to avoid the automatic sequester cuts, no one noticed. Which is probably just as well for Obama, given how embarrassingly unbalanced it is. [snip] Last week, New York Times columnist David Brooks wrote about how Obama "hasn´t actually come up with a proposal to avert sequestration, let alone one that is politically plausible." Turns out, Obama did have one, although Brooks can be excused for not knowing it, since the administration hasn´t exactly been promoting this so-called plan.
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5 Reasons ObamaCare Will
Add Far More To Deficits
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Investor´s Business Daily, by John Merline
Original Article
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Posted By: RustMB- 2/27/2013 7:07:04 AM
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On Tuesday, Sen. Jeff Sessions touted a government report that blew a $6.2 trillion hole in President Obama´s promise that his signature health reform wouldn´t add a dime to the deficit. According to the report by the Government Accountability Office, that promise rested entirely on several cost-control mechanisms in ObamaCare that almost no one thinks will work. [snip] Still, bad as this $6.2 trillion deficit boost is, the real figure is likely to be much higher, since the GAO is still being far too optimistic about the rest of ObamaCare. Here are five big assumptions the GAO makes...
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Debunking The Myth That
Sequester Cuts Will Cause Flight Delay
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Investor´s Business Daily, by IBD Staff
Original Article
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Posted By: RustMB- 2/26/2013 8:32:03 AM
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Sequester: If you want to know how misleading the Obama administration is being about the effects of the sequester, look no further than Transportation Secretary Ray LaHood´s dark warnings about flight delays. LaHood showed up at the daily White House press briefing Friday to claim the sequester — automatic spending cuts President Obama insisted on that are now scheduled to take effect in March — will "be very painful for the flying public." [snip] But LaHood, taking his cues from Obama, is needlessly trying to panic the public.
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Will Only Suckers Buy
ObamaCare Insurance?
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Investor´s Business Daily, by John Merline
Original Article
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Posted By: RustMB- 2/20/2013 8:16:01 AM
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For years, ObamaCare critics focused on its least popular feature — the mandate that everyone buy insurance — taking their fight all the way to the Supreme Court. But as ObamaCare´s official launch date approaches, even its backers are beginning to admit that the law could actually create powerful incentives for millions of people and thousands of businesses to drop their coverage, despite the mandate. There is growing concern, for example, that the law´s market reforms will cause a huge "rate shock," particularly for those young and healthy.
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Obama Vastly Exaggerates
The Impact of Sequester Cuts
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Investor´s Business Daily, by IBD Staff
Original Article
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Posted By: RustMB- 2/12/2013 10:13:09 AM
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Sequester: In his State of the Union speech, President Obama is sure to issue dire warnings about the automatic spending cuts resulting from the "sequester." But look closer, and the cuts are far less than meet the eye. As the March deadline for the sequester draws closer, Obama´s rhetoric about the cuts it will impose grows more overheated. In his radio address over the weekend, he said they would be "a huge blow to middle-class families and our economy as a whole."
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Krugman: Death Panels and
Middle-Class Tax Hikes Ahead
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Investor´s Business Daily, by Editorial
Original Article
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Posted By: RustMB- 2/8/2013 7:56:01 AM
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Big Government: We almost never agree with President Obama´s favorite economist Paul Krugman, but he recently spoke the truth about where Obama´s policies are taking the country. It should scare anyone with a pulse. Krugman, after speaking at the Sixth & I Historic Synagogue in Washington, D.C., was asked about the debt crisis. After arguing it´s no big deal in the near term, Krugman admitted that "Eventually we do have a problem. The population is getting older, health care costs are rising ... . Something is going to have to give." What´s that something?
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Most Active Articles (last 48 hours)
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Former British prime minister
Baroness Thatcher dies peacefully at the age
of 87 after suffering a massive stroke
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Daily Mail [UK], by James Nye
Original Article
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Posted By: Attercliffe- 4/8/2013 8:55:39 AM
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Margaret Thatcher, the first female British Prime Minister who gained worldwide renown as the Iron Lady has died aged 87. Developing a formidable partnership with President Ronald Reagan during the 1980s, Mrs. Thatcher stood up to the ´Evil Empire´ of the Soviet Union, eventually witnessing its collapse. [Snip] Responding to her death, Buckingham Palace said, ´The Queen is sad to hear the news of the death of Baroness Thatcher and Her Majesty will be sending a private message of sympathy to the family, Buckingham Palace said today.´ British Prime Minster David Cameron said on hearing of her passing, ´It was
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McCain: ´I don´t understand´
GOP filibuster on guns
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Politico, by Jennifer Epstein
Original Article
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Posted By: JoniTx- 4/7/2013 12:18:14 PM
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Sen. John McCain says he doesn´t understand the threats from some of his Republican colleagues to filibuster a bill on background checks to buy guns. "I don´t understand it," the Arizona Republican said on Sunday of the threat coming from Sen. Rand Paul,Sen. Ted Cruz, Sen. Mike Lee and nine other Republicans. "The purpose of the United States Senate is to debate and to vote and to let the people know where we stand.” "What are we afraid of? ... If this issue is as important as we all think it is, why not take ... it up and debate?"
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Kim Jong-un Wants Phone
Call from Obama - report
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Korea Broadcast Service, by Staff
Original Article
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Posted By: Desert Fox- 4/8/2013 6:56:50 AM
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North Korea’s young leader Kim Jong-un is waiting for United States President Barack Obama to make a phone call to Pyongyang to discuss easing tensions on the Korean peninsula, according to Russia’s news agency Itar-Tass. The report cited United Kingdom diplomats, saying Pyongyang was demanding the U.S. president personally call Kim Jong-un as one of the conditions to relieve the current conflict at hand. Itar-Tass also quoted the U.K.’s Sky News as saying North Korea currently has eight nuclear warheads.
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Christians, here´s why we´re
losing our religion
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Fox News, by Craig Groeschel
Original Article
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Posted By: STLstudent- 4/7/2013 5:13:55 PM
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Recent research indicates that the number of people who do not consider themselves a part of an organized religion is steadily on the rise. Interestingly enough, though the number of those religiously unaffiliated is increasing, there is little to no trend in the number of those who express atheist or agnostic beliefs. People aren’t saying they don’t believe in God. They’re saying they don’t believe in religion. They are not rejecting Christ. They are rejecting the church. This begs the question, “Why are we losing our religion?”
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Broadcasters worry
about ´Zero TV´ homes
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Associated Press, by Ryan Nakashima
Original Article
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Posted By: Ribicon- 4/7/2013 2:43:40 PM
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Los Angeles — Some people have had it with TV. They´ve had enough of the 100-plus channel universe. They don´t like timing their lives around network show schedules. They´re tired of $100-plus monthly bills. A growing number of them have stopped paying for cable and satellite TV service, and don´t even use an antenna to get free signals over the air. (Snip) Last month, the Nielsen Co. started labeling people in this group "Zero TV" households, because they fall outside the traditional definition of a TV home. There are 5 million of these residences in the U.S., up from
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´Mickey Mouse Club´ star
Annette Funicello dies at 70
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Los Angeles Times, by Dennis McLellan
Original Article
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Posted By: JoniTx- 4/8/2013 1:18:00 PM
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Annette Funicello, the dark-haired darling of TV´s “The Mickey Mouse Club” in the 1950s who further cemented her status as a pop-culture icon in the ´60s by teaming with Frankie Avalon in a popular series of “beach” movies, died Monday. She was 70. Funicello, who was diagnosed with multiple sclerosis in 1987 and became a spokeswoman for treatment of the chronic, often-debilitating disease of the central nervous system, died at Mercy Southwest Hospital in Bakersfield, Walt Disney Co. spokesman Howard Green said. Funicello and her husband, Glen Holt, had moved from
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Chelsea Clinton doesn´t close
door to public office
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USA Today, by Catalina Camia
Original Article
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Posted By: jackson- 4/8/2013 10:23:20 AM
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Chelsea Clinton has raised her profile in the last few days, which sparked the inevitable question about the former first daughter´s future: Will she ever be like Mom and Dad and run for office? Clinton, 33, essentially said "maybe" in an interview that aired Monday on NBC´s Today show. "Right now I´m grateful to live in a city, a state and a country where I strongly support my mayor, my governor, my president and my senators and my representative," said Clinton, whose father, Bill, was president from 1993-2001 and her mother, Hillary
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Special ops veterans’ group
calls for select probe of
Benghazi attack
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Fox News, by Catherine Herridge
Original Article
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Posted By: JoniTx- 4/8/2013 7:00:09 AM
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More than 700 Special Operations veterans are urging members of Congress to back a select committee to investigate last year’s Benghazi terrorist attack, according to a letter first obtained by Fox News. The letter from the group, “Special Operations Speaks,” supports the appointment of a special committee tasked with the single mission of investigating the attack that left Ambassador Christopher Stevens and three other Americans dead, and shut down the CIA operation in an annex of the Benghazi consulate, in the Sept. 11, 2012 attack. “Congress must show some leadership and provide answers to the public
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Obama flying 11 relatives of Sandy Hook
victims to D.C. on Air Force One so
they can back gun control in person
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Associated Press, by Staff
Original Article
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Posted By: BuckeyeRon- 4/8/2013 4:05:18 PM
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President Barack Obama is bringing 11 relatives of those killed in the shooting at Connecticut´s Sandy Hook Elementary School to Washington on Air Force One on Monday so they can personally encourage senators to back gun legislation that faces tough opposition. A nonprofit organization that works with the families, Sandy Hook Promise, said that after Obama´s speech on gun control in Hartford, he is flying with relatives of seven children and one staffer killed during December´s massacre at the school. The White House says Obama is going to argue that lawmakers have an
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Obama says he´s ´determined
as ever´ for gun bill
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Associated Press, by Nedra Pickler
Original Article
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Posted By: Desert Fox- 4/8/2013 10:27:49 PM
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HARTFORD, Conn. -- With time running out on the chance to pass gun control legislation, President Barack Obama on Monday warned Congress not to use delaying tactics against tighter regulations and told families of the Sandy Hook Elementary School shooting victims that he´s "determined as ever" to honor their children with tougher laws. Obama´s gun control proposals have run into resistance on Capitol Hill, leaving their fate in doubt. Efforts by Senate Democrats to reach compromise with Republicans over expanding required federal background checks have yet to yield an agreement, and conservatives were promising to try
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Updated: White House, McCain
blast Cruz for threatening
filibuster over guns
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Houston Chronicle, by Joanna Raines
Original Article
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Posted By: JoniTx- 4/8/2013 4:55:05 PM
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There was growing buzz over the weekend that a bipartisan agreement on gun control — a deal that would expand background checks — could hit the floor as early as this week. However, any deal could be derailed by the looming threat of a Republican filibuster involving Texas Sen. Ted Cruz. With Cruz standing proudly in the way of any gun legislation, Democrats are trying to make him pay a political price — and even a couple of high-profile Republicans are questioning his tactics.
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North Korea´s Army Is Full of Jumping,
Leaping, High-Kicking Martial Artists
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Atlantic, by Connor Simpson
Original Article
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Posted By: Pluperfect- 4/8/2013 5:48:23 AM
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Amid all of the very real threats of war and stuff from North Korea, you´d think American intelligence officers want as much video footage of the enemy as possible. Well, here is one video featuring North Korean exercises and Kim Jong-Un holding a gun, and we´ll say this: they certainly get points for presentation. Remember the clap-happy report from Dennis Rodman´s diplomatic basketball vacation? This video comes courtesy of the same Youtube channel that gave us that Rodman video. It appears to be the same state news channel.(Snip for video)This latest dispatch from North Korea´s state television
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