ObamaCare Repeal Won’t Add to the Deficit

How, then, does the ObamaCare health control law magically convert $1 trillion in new spending into painless deficit reduction? It’s all about budget gimmicks, deceptive accounting, and implausible assumptions used to create the false impression of fiscal discipline.

Does ObamaCare Reduce Health Care Spending?

“ObamaCare doesn’t reduce medical costs under even the rosiest of scenarios (that is, projections that take seriously all its creators’ assumptions). What we can be certain of is that this legislation increases the amount of money taxpayers will be forced by law to pay for health insurance to the tune of $420 billion over the next 10 years.”

Denver Post: “Colorado delays Medicaid payments”

“The trouble with socialism is that eventually you run out of other people’s money.” – Margaret Thatcher
The Denver Post reports:
Temporarily short on money, Colorado has declared a fiscal emergency and delayed payments to doctors and clinics taking care of the state’s neediest patients.
Under state law, the Medicaid department can delay reimbursements to […]

Health care “reform” barely reduces government deficit

Proponents of the health control legislation, HR 3590, claimed it would reduce the federal deficit.  First of all, this desirable if government cuts spending.  In any case, Veronique de Rugy at the Mercatus Center shows that the health care bill’s deficit reduction is tiny:

The above chart by Mercatus Center senior research fellow, Veronique de Rugy […]

Surplus Expenditures in Colorado

This issue paper examines the disposition of surplus revenue in Colorado. The evidence reveals that special interests now determine the disposition of most of the surplus revenue. The result is less efficient and equitable budgetary decisions than would have been made in the absence of surplus revenue.