If you think that the changes to health care in last years' health care bill will reduce the debt you are wrong. According to the CBO. In fact, the changes to health care have a net cost of $500 Billion. It INCREASES THE COST OF HEALTH CARE BY $500 BILLION!
It IS true that the health care BILL 'reduces the debt' but that is NOT due to the changes in health care delivery. The changes to our health care will cost us $500 Billion.
So, how does a new law that costs $500 Billion give the government a $200 Billion profit? The bill also includes over $700 Billion in NEW TAXES. Clever eh?
They could have added only enough taxes to pay for the increased cost of this new health care but that wouldn't look good to citizens because citizens said loudly that the health care costs are too high and must go down. They definitely don't want it to increase the debt. How do you get the people to think you made health care costs go down? Include MORE TAXES than you need so the bill produces an EXTRA $200 Billion and tell them that the health care bill doesn't cost money, it actually reduces the debt.
Sound like a shell game? Well, it is. Only someone in government can take an EXTRA $200 Billion from people and try to convince them that the government's actions are saving citizens money.
Ck out this link for the facts:
http://www.nationalreview.com/corner/256657/peculiar-path-deficit-reduction-yuval-levin
Here's what that link says and it comes from the CBO(!): ObamaCare costs = $540B. That would only require a tax increase of $540B to pay for it right? But Dems added tax increases into the bill of $770B to pay for ObamaCare. So, because they take some $200B MORE FROM TAXPAYERS THAN THEY NEED to pay for ObamaCare that $200B becomes 'extra' revenue they wouldn't have had without the health care bill. Yes, they can pay down $200 Billion worth of debt but it's only because of a new tax, NOT because of benefits from health care changes.
Devious, eh? That's government for you.
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