OK, with a smile on my face and love in my heart I will try again.
But first an observation. If you lean to the right, you might consider reading some of the left's stuff, and vice versa. If all you read are the Fox Headlines, then all you know is what the headline writers want you to know.
You might try reading some other stuff too, such as CBO, PBS, Christian Science Monitor, there are lots of stuff out there that make it possible to understand reality, not understand what some zealot is feeding you.
Now, if you are going to complain about the
Congressional Budget Office being biased, one way or the other, then don't bother with the rest of this.
The following is from the CBO Director's blog, from March 2011, relaying testimony on the most recent CBO analysis of the Patient Protection and Affordable Care Act (PPACA) (
OBAMACARE for you FOX and TEA party guys) Here is the link to the whole blog (Which also addresses the financial SUCCESS of TARP for those interested)
Director's Blog » 2011 » March
If you are too busy to read the article here is the graph that you might want to study:
As you can see, contrary to "Dream On Libbie" stated above, the OBAMACARE bill actually reduces the deficit, at least by the analysis (their 3d, all consistent) of the most tuned in, substantive and non-partial body that I am aware of.
Yes, you may quibble with "the other" stuff, but remember the source was high level testimony, and the CBO website will give you all the details you need to be structure your position, and your posts, based on the best facts available.
You can thank me later. (Ooh, I would have ended with a zinger, a really good, one but I am not doing that anymore)
Read, it is the path to knowledge.
One more thing, the reason this analysis has a negative effect on the deficit and the analysis that is disputed shows a deficit increase, is the difference in time horizons for each analysis. Changing time horizons create a lot of confusion, in fact, subsequent to the testimony, CBO had to present a tutorial on the effects differing time horizons have on cost and revenue forecasts.
Finally, I am not saying the deal will play out this way, but I do believe this is the best info available.
geaux tigers
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