The Sky is not falling--ACA brings down costs!
Will wonders never cease!--disaster is NOT looming. ACA is not bringing on the apocalypse.
Instead, ACA (Obamacare) is turning out to be LESS EXPENSIVE than anticipated. Look at a couple of these figures announced this morning:
The health-care law's expansion of insurance coverage will cost $104 billion less than projected over the next decade, according to revised estimates from nonpartisan budget analysts Monday.
. . . . . . . . .
The CBO now expects the federal government to spend about $164 billion less in the next decade on subsidies in Obamacare health insurance marketplaces.
Here is another tidbit--reducing the deficit:
The CBO, which four years ago projected that Obamacare would cut the deficit, didn't provide a new detailed accounting of the entire law's expected costs and savings. Its most recent look at the law's total budget impact came in July 2012, when the CBO said it still believed the ACA will reduce the deficit.
Now I wonder--will Chicken Little make an appearance and apologize for trying to scare everybody with his/her "the sky will fall" predictions about the inevitable outcome of ACA/Obamacare? As I remember, he/she was adamant that the sky would fall and it would all be President Obama's fault for pushing through his dangerous healthcare insurance program.
This post was edited by dublinbay on Tue, Apr 15, 14 at 10:14