Posts Tagged ‘CBO’

 

So much for deficit reduction: CBO says health care bill will be $59 billion in the red

Do you remember how Democrats (rightly) criticized Republicans for passing a prescription drug plan that added to the deficit? Democrats criticized their irresponsible behavior and vowed that health care reform would not only be deficit neutral, but that it would also reduce the deficit. Well, now it looks like the Democrats are being exposed as the hypocrites they are. The Congressional Budget Office found that the proposal would be $59 billion in the red. I can’t to hear how Nancy Pelosi, Harry Reid, and Barack Obama will spin this latest piece of news.