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Old 06-30-2012, 08:46 PM   #125
12thMan
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Join Date: May 2005
Location: washington, D.C.
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Re: Supreme Court Upholds Health Care Mandate

You're still kinda missing the point or you didn't read it. The legislation is projected to pay for itself or come close. If you only take into consideration outlays and spending and don't factor in revenue and savings well, of course, it appears to explode the deficit.

It doesn’t include the Medicare cuts, or many of the tax increases, that pay for the legislation. “CBO and JCT have previously estimated that the ACA will, on net, reduce budget deficits over the 2012–2021 period; that estimate of the overall budgetary impact of the ACA has not been updated.”

The bottom line is this, CBO will roll out more concrete deficit reduction numbers at some point in the future. I imagine more than once. Each year a new projection is done the legislation tends to cost a little more...and save more.
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