<p>BIGeastBEAST, you realize that “ObamaCare” reduces the deficit, right?</p>
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<p>[Estimate</a> of the Budgetary Effects of the Senate-Passed Health Bill](<a href=“http://cboblog.cbo.gov/?p=488]Estimate”>http://cboblog.cbo.gov/?p=488)</p>
<p>That’s because the spending cost of the bill is offset by new revenue (the excise tax on “high-end” health insurance) along with dramatic reductions in spending on Medicare and Medicaid, because more people would be be able to afford to buy their own insurance and not have to rely on those government programs. It gets people off welfare.</p>
<p>Now, I’m no great fan of “ObamaCare” because we really need a public option insurance plan. But it’s quite simply false to say it would increase the deficit.</p>